Practical education for family business members


Generational family business succession requires a special understanding of how family and business overlap in ways that are different from non-family businesses. Without this understanding, the legacy of the business is at risk.

The Stewardship Institute provides an education in family business best practices for all family members interested in playing a role in responsibly guiding the business, whether that’s working in the business, being a married-in, or a next gen owner not working in the business. Participants can join individually or with multiple family members. 

Our curriculum covers six important topics to help you become a steward of your own family business:

  • Managing relationships
  • Governance
  • Leadership
  • Strategy
  • Finance
  • Transitions

We keep our cohort sizes small, giving you more time to interact, learn, and ask questions. And because the institute is designed exclusively for family business members, you’ll be learning alongside other family business peers who will support you on your journey.

Click here to download an info sheet.

Future Cohort and Waitlist

If you would like to place your name on a waitlist for a future cohort, please email program manager Karyn Linn at klinn@luc.edu.

Designed for

The institute is ideal for family members who want to be impactful and responsible stewards of their family business. Whether working in the business, a direct descendant, or an in-law the institute will expand your knowledge of family business best practices.

Participants should strongly value the legacy of their family business, want to be responsible stewards, and want to understand what’s different when taking on a family lens in business.

Meeting Dates

The institute meets 6 times for two consecutive days over the course of 18 months. Meetings take place in-person (this is not a virtual program) on Loyola's Water Tower Campus at the Schreiber Center, located at 16 E. Pearson Street in Chicago.

Meeting dates for our 2023-25 cohort:

  • Module 1: Managing Relationships - October 4-5, 2023
  • Module 2: Governance - March 4-5, 2024
  • Module 3: Leadership - June 10-11, 2024
  • Module 4: Finance - September 9-10, 2024
  • Module 5: Strategy - December 2-3, 2024
  • Module 6: Transitions - March 13-14, 2025

SPECIAL NOTE: Enrollment for our 2023-25 cohort will remain open until March 4, 2024. If you would like to join, please email program manager, Karyn Linn at klinn@luc.edu. New enrollees will participate in a catch-up session for module 1 and then merge with the ongoing cohort at the second module on March 4-5, 2024. 

Program benefits

No other program out there offers this level of family business education. Thought leaders, subject matter experts, and live case studies, along with confidential peer-to-peer learning, are all here to help you develop a set of tools and resources to foster responsible and effective stewardship.

Outside of meetings, you’re encouraged to take what you’ve learned back to your family business, see what impact it has, and report back to your peers on your challenges and successes.

But I already have an MBA...

Don’t get us wrong, MBAs are incredibly valuable. But what sets the Stewardship Institute apart from an MBA is the family business lens through which content is delivered. This perspective isn’t something you typically receive in standard academics.

For example, can you answer the following questions?

  1. What is the three circle model?
  2. What challenges do cousins face that are different from the challenges siblings confront in family business transitions?
  3. What are the three leading best practices for family businesses?

If you can answer these questions, then the Stewardship Institute probably isn’t for you. But if you cannot answer them and you’re passionate about being a responsible steward of your family business, we encourage you to enroll in this one-of-a-kind program!

Contact us

If you would like to learn more about the Stewardship Institute, contact us at 312.915.6490 or fbc@luc.edu.

“For anyone who has not spent time talking with other family business members, I cannot express how valuable it is. The ability to talk in an environment that was confidential and where you were going to come back again and again and engage each other was invaluable. For me, there was a freedom in the Stewardship Institute that I could not find anywhere else.”

Jenna Juday
Development and Education Committee
Chair and Co-manager
IDEAL Industries
Stewardship Institute Grad, 2017