What Dominoes Will you Set in Motion When you Die?
I read a very touching article today about Ric Weiland, part of the founding team at Microsoft. If you're like me, you haven't heard of Ric. He was one of those people that liked it that way - a quiet toppler. While still alive he gave millions to The Pride Foundation in Seattle (and several other organizations), and then after his death he gave away most of his fortune including $65 million to The Pride Foundation and other organizations who's mission is to fight for gay rights.
I'm not exactly sure why the article pulled at my heart so much. I know it's not that uncommon for very wealthy people to make large donations after they die. Maybe it was because he committed suicide at a fairly young age. Or, possibly because I have a family member who is gay, as well as very close friend. I think part of it was that I could image just how much it meant to those organizations that received what amounted to the largest gifts they have ever received.
There are many ways to set in motion a big topple, and as strange as it is to say, dying is one of the most powerful. In fact, estate planning is the act of setting up the topple. This domino there, this one there, etc. Obviously it's not just what happens when the money starts flowing, but how that creates second, third, forth order outcomes.
We're all going to be gone some day. We will start a topple. It probably won't be energized by millions of dollars, but that doesn't matter. A few dominoes can tips many, many, many more. The point of Domino Theory is to be more aware of this, and act strategically.
"My hope is this will inspire others to engage as donors and volunteers," said Audrey Haberman, the foundation's executive director.
If you have time to read the full article please do. It struck a chord with me - maybe you too....





