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The Cycle of the Gift: Family Wealth and Wisdom by Keith Whitaker, Susan E. Massenzio, James E. Hughes

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Chapter 9

Control versus Freedom

In the preceding chapters you have met some of the people who are part of the process of family giving. Now let’s turn to the various ways of giving and the types of gifts. Our focus remains on how a discerning or mindful approach may enhance a giver’s and a recipient’s growth rather than subsidize existing forms of behavior and contribute ultimately to entropy and decline.

The Myth of the Free Gift

While speaking once to an audience of individuals with wealth about the spirit of the gift, we described how spirit naturally creates a cycle in giving, one in which givers feel an obligation to give and recipients feel the duty to receive and give back or give forward. At that point, a young woman raised her hand. ...

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