- “Family philanthropy is a powerful teaching tool that provides a safe environment in which your children can learn about money management and working as part of a team. Moreover, many families want to leave a legacy of meaning in addition to their financial wealth. Philanthropy can function as an important vehicle for articulation core values, providing a meaningful family legacy, and giving your children (and grandchildren) a competency experience. A strategic philanthropy program for family members enhances their human, intellectual, and social capital.” Wealth in Families Third Edition (Charles W. Collier) Page 9