Successful Generations

  Colleen Mitchell is the founder of Venture3Philanthropy, a global philanthropic advisory firm. In her role, Colleen helps clients across generations get started in philanthropy. Her work with families can include developing strategies for giving, identifying purposeful work based on their values, creating legacy plans, coaching, acting as a sounding board, and more. In this conversation, Colleen and I walk through her three-step process for getting started in philanthropy, which includes asking clients: 1. Why do you give? 2. What’s important to you? 3. What will success look like? We touch on different giving vehicles (i.e private foundation, trust, donor advised fund) and considerations for choosing the one that’s right for a donors situation and goals. We also discuss the different approaches donors of different generations take when it comes to philanthropy. Her experiences with next generation donors align with what we heard from Michael Moody in episode 006 of this podcast—Join the Philanthropic Revol