I’m back with another conversation around engaging the next generation of adults in family philanthropy, this time with Molly Stiffler, the director of the Stifler Family Foundation. You’re in for a real treat. Molly was involved with her family foundation from a very young age, but as an adult, she really had to start advocating for her place in the foundation.
She did the work of preparing herself to be an excellent director and trustee, and she’s here to share her views with all of you. We’re talking family dynamics and navigating them smoothly, she’s sharing all her challenges, and her advice for engaging the next generation in your family foundation, as well as how to make your own way as you get involved with your family’s foundation.
Tune in this week to hear from the beautiful and talented Molly Stifler. Molly is sharing the story of how she was first introduced to family philanthropy as a five-year-old, the importance of mentors, how being on non-profit boards benefited her when she was formally engaged, and how you can involve the next generation even before they’re ready to be formally engaged in your family foundation.
If you’re a family business leader and you’re interested in exploring this work further, send me an email for more details about The Family Business Leader Mastermind.
What You Will Discover:
- How Molly was prepared and the chronology of how she became engaged with her family foundation.
- Why Molly believes there is no age too young to start involving the next generation.
- The story behind the Stifler Family Foundation and the importance of instilling the same values in the next generation.
- How her work in non-profits prior to joining the family foundation full-time helped prepare Molly to be an effective trustee.
- Molly’s tips for honing the next generation’s expertise and how they can get their foot in the door by joining non-profit boards.
- The changes we’re seeing with the next generation of family philanthropists and how they want to do things differently.
- Molly’s approach to finding mentorship in the non-profit field.
- How both Molly and I think about being paid for working in a family foundation.
- Ways you can support the next generation who show an interest in family philanthropy but aren’t ready to be formally involved yet.
Listen to the Full Episode:
Featured on the Show:
- The Family Business Leader Mastermind is not currently accepting applications. Stay tuned for when the doors open again!
- Molly Stifler
- Stifler Family Foundation
- Maine Mineral & Gem Museum
- National Center for Family Philanthropy
- Generation Impact by Michael Moody and Sharna Goldseker
- [SG] Ep #67: Helping Families Heal from Addiction with Arden O’Connor
Full Episode Transcript:
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Have a topic suggestion?
If you are the next generation of family business, philanthropy and wealth, and have a topic you think we should discuss, let us know at Ellie@successfulgenerations.com.