At the Alchemia Group we are helping our clients think & act differently in regards to their wealth and its impact on thier family - because we know it is more than just numbers and plans, it's the Balance of Art & Science with Pragmatism and Vision.
Legacy is a word that means different things to different people. The definition I like to start with is simple: What do you want (your children/grandchildren/someone) to feel, think and say when they hear your name?
Another definition is attributed to Pericles: “What you leave behind is not what is engraved in stone monuments, but what is woven into the lives of others.”
That leads to the next two questions:
Actively supporting causes that reflect what you want for the world is both a great message and model for coming generations and a wonderful legacy. Here are two examples of how a legacy can be bolstered through philanthropy.
Roundup River Ranch (http://roundupriverranch.org) If you believe in the power and magic of childhood experiences and the importance of ‘outdoor time’ then this is a camp you should know about. From the website:
Know what’s most extraordinary about camp? How it makes kids with serious illnesses feel like “ordinary” kids.
Our campers are giggling, laughing, conspiring, art-making, arrow-shooting, horseback-riding, canoe-paddling kids. That is both exhilarating and healing. Eye-opening and inspiring. Ordinary and extraordinary.
The truth is, our campers are sick and tired of being labeled as “sick.” They’re just kids who want to be kids. And that is precisely what every day (and s’more-roasting night) is all about. (And of course, it’s all always free of charge!)
Not only are we nestled in one of the most beautiful places in the Colorado mountains (see awe-inspiring photos right here), but we’re also a place that has a real honest-to-goodness magical quality about it. Campers discover that they are more courageous than they thought, more capable than they imagined, and more blissfully “ordinary” than they had realized.
More than 1,000 campers experience Roundup River Ranch each year and we welcome campers from across Colorado and an 11-state region. That makes for a huge number of potential new BFFs!
Our intentional programming philosophy means campers choose what they want to tackle, push themselves to try new things, and celebrate with all of camp for their accomplishments. Read more of the feel-great details here.
Here’s just a sampling of the things that make Roundup River Ranch so much more than simply camp:
Songs, dancing, Stage Night, ridiculous costumes, star-gazing, cabin mates, fantastic counselors, and so, so, so much more.
Young Americans Center for Financial Education (https://yacenter.org) Do you believe in the entrepreneurial spirit? In the importance of everyone having good basic financial skills? Do you want those as part of your legacy and family traditions? This may be the organization for you and your family to explore supporting. From their website:
It Started With a Vision:
In 1984, Bill Daniels, known as the “father of cable television,” read about a young group of Denver students seeking a bank loan for a class project and the challenges they met. That’s when Bill Daniels realized that we as a society are doing a disservice to our youth by not teaching them early about our financial and economic system. His answer: a real bank just for young people.
It Soon Became a Reality:
In August 1987, Young Americans Bank opened in Denver, Colorado, as the world’s only bank designed specifically for young people, ages 21 and under. This was the real thing: a state-chartered, FDIC-insured bank where young people could learn financial responsibility through the use of banking products and services. After all, their financial future and the future of our communities, states and nation is in their hands.
More from the website on Young Entrepreneurs and their program:
About the Founding Framework Curriculum
The Founding Framework is an in-depth, project-based curriculum to introduce students to the joys and challenges of entrepreneurship. Through blended learning that includes hands-on activities, simulations, and interactions with real entrepreneurs, 7th through 12th grade students learn the ins and outs of starting a business and how to take it to the next level.
After 10 hours of intensive work and team building, students prove their knowledge and growth with a business pitch. Regardless of whether the students pursue the business as an endeavor outside of class, the skills and experience will translate to personal success.