The blessings of wealth come with many responsibilities. Families who seek to leverage their wealth for good can find a unifying sense of purpose in philanthropy. Great works can define a family, but even little acts of goodness help build the family’s sense of identity and purpose.
Philanthropy provides a family with one of the great classrooms of collaboration where the skills of communication, compassion, compromise, advocacy and business can be developed. Many families say that their money is not their source of happiness. Instead, they find happiness in the well being of their family members and their altruistic acts which money allows. Money is a powerful tool to help tend to these both these “gardens of happiness.”