You are here

Family foundations let rich leave legacy

Non-profit foundations are increasing with more affluent families instilling right values in rich heirs

STEPHANIE Cordes, a graduate of the University of California, Santa Barbara, has a present from her father, Ron, that she treasures. It's a handmade pink scrapbook, titled, "5 Life Lessons From Dad." Inside are whimsical photos of her with friends and family alongside typed pages containing his...