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Insight: Philanthropy and its role in family connectedness

Attorneys, financial planners, and accountants frequently observe that their clients who participate in philanthropic endeavors seem happier and more connected to their families. That’s actually more than just an observation. Several studies over the years show that engaging in “prosocial behavior” helps build strong relationships. According to a study in Mindfulness, for example, 85% of people help someone else once a week, which fosters overall mental health and positive interpersonal connections. As you work with your clients and their families across generations, keep in mind the power of philanthropy to keep families connected.

HOW CFAAC CAN HELP: The Community Foundation of Anne Arundel County’s experience working with families across generations can help build a legacy of giving for families. For example, consider working with us to help grandparents establish donor-advised funds for each child or grandchild. Or, consider working with your clients and CFAAC to set up a fund to support a specific cause that the whole family loves.  


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