Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Tribune News Service
Tribune News Service
Business
Bruce DeBoskey

On Philanthropy: Meaningful philanthropy can be the legacy you leave

How many people can you name who lived 100 years ago? Including politicians, scientists, artists, inventors, historical figures and our own ancestors, many of us struggle to name even three dozen. How many of the 324 million Americans or 7.3 billion planetarians will be remembered 100 years from now?

Very few of us will ever be remembered like a Teddy Roosevelt, Thomas Edison, Marie Curie, Pablo Picasso, Harriet Tubman or Henry Ford. Nonetheless, most of us seek meaning in our daily lives and hope to be remembered in some way after we're gone. One of the very best ways to achieve a meaningful legacy is to actively engage your family and others in thoughtful and effective philanthropy while you live.

Recently, I traveled to Belarus in the former Soviet Union with one of my sons to visit the small village that my grandfather left in 1912 to come to this country in search of a better life. His family had lived there for centuries and, for the most part, it was unchanged since he had left. We walked in the abandoned 400-year-old cemetery where many of my ancestors were buried. Not only were the headstones of these long-forgotten people illegible and covered in moss, I didn't even know my own ancestors' names. I am quite sure, however, that my own life is deeply informed by their values, passed down through the generations.

Likewise, the majority of the Americans who grew up in the Depression, fought abroad and worked at home during World War II are unknown by name to those of us alive now. But, collectively, we know of them as "The Greatest Generation," whose courage and sacrifice rescued freedom from the threat of totalitarianism. Their generational legacy is the free society that we enjoy today.

Legacy Project chair Susan Bosak writes, "The idea of legacy may remind us of death, but it's not about death. ... Legacy is really about life and living. It helps us decide the kind of life we want to live and the kind of world we want to live in."

She adds, "Through legacy, 'me' becomes 'we.' ... 'We' encompasses past and future, old and young, and the society we create and perpetuate."

What will be our individual and generational legacies?

People today have more information, technology and resources available to them than at any time in history. With that knowledge, power and responsibility, how do we create a legacy for future generations?

Living a life consistent with our values, in harmony with others, and in a manner that repairs the world and preserves those things that are essential to a healthy, sustainable and productive society and planet are fundamental components of our legacy. Generous, thoughtful, focused philanthropy is a necessary element of that goal and will help create and solidify the legacy of our generation.

Find your passion for libraries, wilderness, arts, justice, civil rights, democracy, health care and disease prevention, education, the elderly, children, peace, civic engagement, religion, human dignity, veterans, disaster relief, women, girls, research, coexistence, the environment, hunger or many other causes. Thoughtfully and strategically support the many great nonprofit organizations working here and globally to help preserve the good things in the world that we cherish and repair those things that cry out for help, improvement and change.

Engaging other family members in the philanthropic journey is the next most important way to secure your legacy. Whether you're the elder passing values down the generational chain, or the younger family member passing values upwards, the family conversations about money, values, responsibility, privilege and opportunity are essential elements in transferring more than financial wealth from generation to generation. Honest communication about these issues may be challenging for some, but will be rewarding for all, as shared values are uncovered and shared plans are developed that bring generations together along common themes and values.

According to Nelson Henderson, "the true meaning of life is to plant trees under whose shade you do not expect to sit."

The beginning of another New Year is a perfect time to ask not, "How will I be remembered 100 years from now?" but rather, "What kind of world do I want to live in, and what can I do to help preserve, repair and change it, so that in 2117, a hundred years from now, it is a better place: healthier, more sustainable and life-affirming for my descendants and for all."

As Goethe wrote: "Choose well. Your choice is brief, and yet endless."

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.