ABSTRACT
This chapter seeks to adapt the concept of family philanthropy to Anne M. Khademian's model. It explores modern Planned Giving trends in light of evolving tax policy, with special emphasis on the Baby Boomer population. The management focus of family philanthropy boils down to life expectancy, since so much of charitable planning involves estate gifts, which must also consider heirs and other beneficiaries. "Bequests, which are simply gifts made through a will, have become an extremely popular method of providing long-term support for the charitable organizations that are so important in lives." The roots of family philanthropy are planted deep, and as long as younger generations grow into the fruitful donors of their forefathers, then the culture of philanthropy will continue to thrive. The outcome of Khademian's Cultural Roots model is the grouping of program commitments that grow out of proper management focus on the tasks, resources, and environment surrounding the program.
