For decades, Family Foundations have played an indispensable role in our American society:
Building universities, hospitals, and museums;
Constructing and funding facilities for the arts, sciences and humanities;
Sponsoring invaluable research into public opinion;
Conducting research into the causes of, and treatment of, diseases that have plagued mankind for ages
Fortunately, however, Family Foundations are no longer the exclusive domains of the Rockefellers and the Gates of the world.
Today, a modern generation of philanthropists are creating foundations with initial contributions as small as $100,000. Not exactly small potatoes, but a far cry from the $33 billion (and counting) endowment of the Bill & Melinda Gates Foundation.