Listen to Carolyn Greenspon, Patricia Annino and Denise Korn explain the importance of building a family legacy by engaging in philanthropy and giving back to the community. As a family business engages in community work early on, it becomes embedded in their routine and the family becomes involved in something larger than their business.
The values I think that were really passed down to me and that continue to be so important in my family were the quality time that we all had. The importance of taking care of each other, spending time with each other, looking out for each other, that family comes first. Things like philanthropy, giving back not only money and giving back time. Those were things that I think from an early age were really, really important.
I’ve got a family now who just started a foundation and their goal is to cure homelessness. Starting that when your 5 and getting that inculcated into your system and that your mission is not only to the family and the family business but a connection to the world at large starts through an educational program about philanthropy.
It will change your life and then it won’t feel like philanthropy, it will feel like you’re a part of a movement or a solution.