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Endowment fund reporting after donor's death

  • 1.  Endowment fund reporting after donor's death

    Posted 19 days ago

    Curious if anyone has a policy in place around the succession of named endowment fund reporting.  We have a complex fund originally created by siblings, tying together large, multigenerational families.  The original donors passed away, and now some of the younger generations would like to discuss the fund's value.  Is it appropriate to share reporting with a new generation when requested?  Does anyone have a process they follow for requests like this, especially involving multiple families?  



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    Jaimie Lane
    Boston Symphony Orchestra
    jlane@bso.org
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  • 2.  RE: Endowment fund reporting after donor's death

    Posted 19 days ago
    I would continue the communications - those could lead to new gifts!

    However, you do not want to get caught in a sibling argument. I would communicate directly with the Executor or Trustee of the deceased estate.

    John

    John H. Taylor, Principal
    John H. Taylor Consulting, LLC
    2604 Sevier Street
    Durham, NC     27705

    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987




    Original Message


  • 3.  RE: Endowment fund reporting after donor's death

    Posted 19 days ago

    Thank you, John!  Avoiding any potential family dynamics was exactly why we're being so cautious.  We'll see if we can track down the executor/trustee of the estate.



    ------------------------------
    Jaimie Lane
    Boston Symphony Orchestra
    jlane@bso.org
    ------------------------------

    Original Message