Philanthropy as a Mirror: Building Identity Through Giving

For many families, philanthropy is where values become tangible. In this episode of our Legacy in Motion series, we explore how structured, intentional giving can strengthen family cohesion while advancing meaningful impact in the broader community.Guests Tom Thiegs and Justin Flach address how families can define a clear mission, evaluate donor-advised funds versus private foundations, and establish governance structures that align with their broader family enterprise.Key themes include:Anchoring philanthropy in clearly defined valuesSelecting structures that reflect family goals and complexityEngaging the rising generation through meaningful participationUsing philanthropy to cultivate stewardship and emotional intelligencePeriodically reviewing giving to ensure alignment with missionFor more information on Ascent, please visit ascent.usbank.comAdditional resources:https://www.usbank.com/wealth-management/financial-perspectives/financial-planning/philanthropy-and-charitable-giving/donor-advised-funds.html https://www.usbank.com/wealth-management/financial-perspectives/financial-planning/philanthropy-and-charitable-giving/benefits-of-private-family-foundations.html