"A Passion for Giving is divided into two sections--the first describes the "How To" with respect to developing a philanthropic effort (from a CRT to a private foundation and everything in between). This section starts with the genesis of charitable giving--the estate plan--and covers the different vehicles one considers when searching for a means for their charitable intentions. It also covers the mechanics of establishing and managing a private foundation--discussing such areas as family involvement, day-to-day management, investment coordination and management, governance and perpetuity vs. sunsetting. The second section of the book gives the reader a "case study" of 5-6 existing private foundations--what their missions are, how they operate, their successes and failures along the way--vignettes that speak to their passions for giving"- Presents a tool for both the neophyte and the experienced philanthropist. This title is both a useful manual and a profound exploration of the core values of giving. It offers a winning combination of practical guidelines and heartfelt personal accounts to create a moving call to action for anyone who wishes to give back. PrefaceAcknowledgmentsPart I IntroductionSo You Want to Be a PhilanthropistChapter 1 Estate Planning and Charitable GivingEstate Planning 101The Probate ProcessGifting Techniques and More Advanced Estate PlanningThe Estate Planning ProcessCase Study-Estate Planning 101SummaryChapter 2 Charitable GivingWhat is a Nonprofit Entity?Due DiligenceDigging DeeperDonor Advised Funds (DAF)The History of Donor Advised FundsCommunity FoundationsSummaryChapter 3 Starting a Private FoundationThe History of Private FoundationsLeaving a Stated Mandate for Future GenerationsModern History of Private FoundationsCreating a Private FoundationThe 1023 FormGuiding DocumentsThe Statement of ValuesThe Statement of Donor IntentThe Mission StatementCode of EthicsBe Proactive & Know Your CharitiesSummaryChapter 4 Managing a Private FoundationThe 990PFPreparing Documents Needed for the 990PFDiving into the 990PFThe Foundation's Board and Governance IssuesWho Should Serve on the Board, and Board OrientationBoard MeetingsBoard CompensationSummaryChapter 5 Managing a Private Foundation-Grant Making and OperationsType of Support: Periodic Versus Endowments and General Versus Program-BasedWhat Type of Foundation Will We Become?Sourcing a GrantThe Acknowledgment ProcessThe Pre-Proposal Briefing Form (PPBF)The Due Diligence ProcessProgress Reporting and EvaluationSummaryChapter 6 Investment Management for Private FoundationsThe Investment Management ProcessWhy is The Investment Management Process Important to Me?The Investment CommitteeThe Investment Policy StatementReturn ObjectivesRisk ToleranceLiquidity ConstraintTime HorizonLegal IssuesTax IssuesUnique IssuesAddendums to the Investment Policy StatementAsset Allocation ModelStrategic Asset Allocation Vs. Tactical Asset AllocationManager Search and Implementation PhaseCore-Satellite ApproachCommunicationSummaryPart II Introduction A Passion for GivingLessons in PhilanthropyChapter 7 The Gift Philanthropy as the Gift of Who You AreGiving Begins with the SelfWhat Are You Most Passionate About?The Greatest GiftSummaryChapter 8 Purpose Ken Behring's StoryIntroduction by Glen MacDonald, President of the Wealth and Giving Forum"Somebody Told Me about the Word Purpose" by Ken BehringSummaryResourcesChapter 9 The Gifted GiverLessons from Peter Karoff (Chairman and Founder of The Philanthropic Initiative) with Insights from Joel Fleishman (Professor of Law & Public Policy at Duke University)The Philanthropic Learning CurveLevel One - You Become a DonorLevel Two - You Decide to Get OrganizedLevel Three - You Become a LearnerLevel Four - You Become Issue and Results OrientedLevel Five - Your Philanthropy is LeveragedLevel Six - AlignmentAmbitious Goals and BIG IdeasThe Gifted GiverA Gift of EnergyA Gift of Truth TellingA Gift of RespectA Gift of LoveA Gift of JusticeA Gift of OpportunityA Gift of High ExpectationsA Gift of CourageThe Transformational Gain of GivingSummaryResourcesPeter Karoff's Reading ListBooks by Peter KaroffAdditional Articles of InterestOther ResourcesChapter 10 The Power of OneLessons from Lisa Nigro (The Inspiration Corporation) and Chip Paillex (Grow-A-Row)The Inspiration CorporationLisa Nigro's StoryAmerica's Grow-A-RowChip Paillex's Story: Growing, Gleaning, GivingSummaryResourcesChapter 11 The Feminine Principle -- Women Leading Through PhilanthropyLessons from Peggy Dulany (Founder of Synergos Institute), Ellen Remmer (President and CEO of The Philanthropic Initiative), and Monica Winsor (Vice-Chair, Women Moving Millions)Women as Change AgentsPeggy Dulany's StoryEllen Remmer: A Woman Transforming PhilanthropyMonica Winsor's StorySummaryResourcesChapter 12 Empowering the Next GenerationLessons from Sharna Goldseker (Vice President, Andrea and Charles Bronfman Philanthropies, and Director of 21/64), Ruth Cummings (Chair, The Nathan Cummings Foundation) and Lance Lindblom (President and Chief Executive Officer, The Nathan Cummings Foundation)Sharna Goldseker's StoryProviding the ToolsFour Generations of Giving: Lessons from The Nathan Cummings FoundationRuth CummingsLance LindblomSummaryChapter 13 Philanthropists as ExplorersLessons from Scott McVay (Founding Executive Director, The Geraldine R. Dodge Foundation, and 16th President of Chautauqua Institution), Aimee Morgana (Founder of The N'kisi Institute), and Paul Winter (Founder of Music of the Earth, Inc.)Scott McVay's StoryThe Journey of Discovery: Aimee Morgana's StoryThe Grand Symphony of Life: Paul Winter's StorySummaryResourcesChapter 14 The Journey from Doing Good to Making ChangeLessons from Christine De Vita (President, The Wallace Foundation)A Passion for Learning and the ArtsLearning from MistakesStrategy and Listening to FeedbackReporting and StaffSummaryResourcesChapter 15 Heart and SoulLessons from Amy Goldman (Chairman and Executive Director of The GHR Foundation), and Lynn Schusterman (Chairman of The Charles and Lynn Schusterman Family Foundation)Amy Goldman's Story: Interfaith in ActionLynn Schusterman's Story: Three Thousand Years of Jewish GivingSummaryChapter 16 The Philanthropic JourneyA Vision for ChangeThe Skills We Learn, The Gifts We GainSummaryResourcesAbout the AuthorsAbout the ParticipantsIndex