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The first annual “Family Business Center Challenge” saw the Institute for Family-Owned Business, Maine, and the Family Business Alliance, Grand Rapids, won top spots in the challenge sponsored by Family Enterprise USA.
The “Family Business Center Challenge” promotes Family Enterprise USA’s Annual Family Business Survey among family business centers. The survey is the most comprehensive annual survey of issues and concerns facing family-owned businesses in America.
This year’s “Platinum” winners, for supplying the “Most Respondents” for the survey, was the Institute for Family-Owned Business, Maine, which received a first-place prize of $1,000. The second-place finisher was University of Toledo, Family Business Center, and third place was the University of Cincinnati, Goering Center for Family and Private Business.
The challenge’s “Gold” winners, those family business centers with the highest percentage increase of respondents over the previous year, saw first place go to the Family Business Alliance, Grand Rapids, which received $1,000.
The second and third position winners were University of Northern Iowa and Wake Forest University, respectively.
“This year’s first Family Business Center Challenge is a great way for family business centers to participate in helping Family Enterprise USA gauge the critical issues facing America’s family-owned businesses through its Annual Family Business Survey,” said John Gugliada, Director of Engagement, Family Enterprise USA and Family Enterprise USA Action. “We congratulate the winners and look forward to making next year’s challenge equally rewarding for family business centers.”
This year’s Annual Business Survey tallied 710 respondents from 46 states, among the highest response rates for the comprehensive survey of family businesses.
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The need for fact-based reporting of issues important to family offices and successful families and protecting a lifetime of savings has never been greater. Now more than ever, family offices and successful families are under fire. That’s why Family Enterprise USA Action is passionately working to increase the awareness of issues important to family offices and successful families, while continuing to strengthen our presence on Capitol Hill.
Family Enterprise USA Action engages with legislators on Capitol Hill on behalf of family offices, successful families, and family-owned businesses. It is focused exclusively on the critical tax and economic policies that impact them. Since 1995, FEUSA Action has been the leading advocacy group working daily in Washington, D.C., to reduce and eliminate estate tax, gift tax, and generation skipping transfer tax while blocking increased income and capital gains taxes, the creation of a wealth tax, and other hostile policies that punish hardworking taxpayers and success in the U.S. It is a bipartisan 501.c4 organization.
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