When Giving to World Peace Is No Longer Peaceful: Mediation and the Seven Principles for Managing Conflict in Family Foundations
ABSTRACT: Management of family foundations going through a generational transition can be more complicated than almost any enterprise. When money is involved entrenched relationships coupled with repressed resentments can make for difficult conversations that frequently end in lost tempers and the opening of old wounds. As conflicting issues come into play, giving away money, which seemed like a nice, altruistic, socially responsible thing to do, can become fraught with discord. Mediation is often a helpful tool for families looking for peace.