ML - Aspen Peak

2014 - Issue 1 - Summer

Aspen Peak - Niche Media - Aspen living at its peak

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FAMILY TIES Giving money away isn't as easy as it sounds, particularly when different generations are involved. Here, philanthropists, advisers, and wealth managers tell how to minimize familial differences and make charitable gifting a smooth sail. BY SUZANNE MCGEE FROM LEFT: Kennedy consciousness: Frequent visitors to Aspen since the mid-'60s, the late Robert F. Kennedy with his wife, Ethel, and seven of their then eight children in 1964; the Grand Foyer at the Kennedy Center in Washington, DC; Anthony K. Shriver founded the nonprofit Best Buddies International to help people with intellectual and developmental disabilities. FROM LEFT: Lauder legacy of giving: Seen here in a 1979 portrait, the Lauder family are known for their philanthropic efforts in Aspen; Ronald and Leonard Lauder founded The Lauder Institute, a joint-degree program in international management at The Wharton School; US businessman Ronald Lauder (LEFT) helps cut the ribbon at the 2009 opening of a playground in Sderot, Israel. 170 ASPENPEAK-MAGAZINE.COM 170-173_AP_F_Philanthropy_SUM_FALL_14.indd 170 5/6/14 2:21 PM

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