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Community foundations (CF) were suggested to our family business clients Bob and Judy as a way to overcome the problems they identified with setting up a Family Foundation .
Bob said he was not familiar with CFs. The first thing that came to his mind were charitable organizations such as United Way.
"Unfortunately, Bob is not alone. Too many family business owners AND their advisors do not know or understand the many advantages of a community foundation and how they can be used as an "umbrella" to develop a family foundation," suggests leading family business expert
Schwerzler has been studying and advising family business entrepreneurs for more than 40 years and is the founder of the Atlanta-based
Family Business Institute.
Family Business Experts Understands
Family Values andBusiness Systems
Ask our experts for help in devising your family foundation under
a community foundation umbrella.
* Don Schwerzler has been studying and advising family businesses for more than 40 years. His web site located at https://www.family-business-experts.com provides tips and success strategies that help family businesses grow and maintain healthy family relationships - and then when the time is right, to help transition the business to the next generation.
* Ray Caraway is the Executive Director of the Community Foundation of Northern Colorado. An attorney, Ray served as Executive Director of two other foundations. The Community Foundation of Northern Colorado is governed by a thirteen-member Board of Trustees with Local Advisory Boards in Fort Collins, Loveland, Estes Park and Berthoud. www.nocofoundation
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