TIME100 Philanthropy: Katherine Lorenz

Lorenz’s goal is to provide heirs with resources to help them establish decisionmaking processes, reduce family arguments, and deal with emotionally fraught questions like how strictly they need to adhere to their loved one’s giving strategies vs. their own ideas about how and where they can do the most good. Lorenz, who is president of the Cynthia and George Mitchell Foundation, the nonprofit that her grandparents established in 1978, says, “Is this their foundation? Is it my foundation? Is it our foundation? Who gets to decide what’s important? Carrying out...