Wealth & Everything Else

Philanthropy as a Mirror: Building Identity Through Giving


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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 values
  • Selecting structures that reflect family goals and complexity
  • Engaging the rising generation through meaningful participation
  • Using philanthropy to cultivate stewardship and emotional intelligence
  • Periodically reviewing giving to ensure alignment with mission

For more information on Ascent, please visit ascent.usbank.com

Additional 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 

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Wealth & Everything ElseBy Ascent Private Capital Management of U.S. Bank