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Loyola University Chicago Family Business Center vs Tugboat Institute
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Terverifikasi September 2026
Organisasi bisnis keluarga
Terverifikasi September 2026 Loyola University Chicago Family Business Center
Middle-market, multigenerational family businesses and the whole family around them, including family members who do not work in the business, in-laws, and non-family executives
Konsultasi sejawat
Tugboat Institute
Chief executives, presidents and executive chairs with significant ownership of private companies that have deliberately rejected the venture-backed or IPO path, with at least…
Yang dicatat dalam dokumen
- Minimum age: Loyola University Chicago Family Business Center: The Next Generation Leadership Institute is designed for 25 to 50 year-olds set to assume leadership positions in their family business; Tugboat Institute: No published minimum age.
- Role or title: Loyola University Chicago Family Business Center: No published role or title; Tugboat Institute: Must be the CEO, President or Executive Chairperson of the company.
- Minimum company revenue: Loyola University Chicago Family Business Center: No published minimum company revenue; Tugboat Institute: At least US$10M in annual revenue.
- Minimum ownership stake: Loyola University Chicago Family Business Center: No published minimum ownership stake; Tugboat Institute: Must hold a significant ownership stake; the business must be closely held with value-aligned owners who have no legal right to compel a sale or IPO.
- Annual dues: Loyola University Chicago Family Business Center: $7,500 a year; Tugboat Institute: Not publicly disclosed. No membership fee appears anywhere on the public site; prospective members are routed to a pre-application and a follow-up conversation..
Berdampingan
| Loyola University Chicago Family Business Center | Tugboat Institute | |
|---|---|---|
| Profil | ||
| Jenis | Family-business organization | Peer advisory |
| Didirikan | 1990 (Loyola's own news release announcing the current director states the Center was "Founded in 1990". The Center's Our Story page describes it as one of the first US communities formed to research and support family business, started by Loyola faculty and staff from the schools of business, social work and law.) | 2013 (The About Us page dates the founding to 2013, when Dave Whorton - previously a founder of four Silicon Valley companies and an investor at two venture and private equity firms - coined the term "Evergreen" and, with the help of Chris Alden, created Tugboat Institute following a small gathering of leaders in Sun Valley, Idaho in October of that year.) |
| Kantor pusat | Chicago, United States | Sun Valley, United States |
| Geographic footprint | Chicago and the surrounding Midwest; programmes run at Loyola's Water Tower Campus at 820 N. Michigan Avenue | United States focused, with local in-person forums grouped by member geography and virtual "elastic" forums; the pre-application form accepts company addresses in any country. |
| Anggota | Not publicly disclosed | Not publicly disclosed. The organization refers to drawing on "hundreds of Evergreen companies" for its content platform but publishes no membership total. |
| Cabang | A single university-based centre with no chapters. | The organization runs local in-person forums based on member geography plus virtual forums, but does not publish a count or a list of locations. |
| Primary audience | Middle-market, multigenerational family businesses and the whole family around them, including family members who do not work in the business, in-laws, and non-family executives | Chief executives, presidents and executive chairs with significant ownership of private companies that have deliberately rejected the venture-backed or IPO path, with at least US$10 million in annual revenue. |
| Anggota tipikal | The Center describes working with middle-market, multigenerational family businesses and serving "the whole family, both inside and outside the business". Membership is bought by the family business and extends to family members regardless of whether they hold a role in the company; peer groups separately admit non-family CEOs, CHROs, CFOs and female board directors. | Members must lead a closely held private company whose owners have no legal right to compel a sale or flotation, must hold a significant ownership stake themselves, and must have five years as chief executive or president of the current company or prior experience in that role. The company must have at least US$10 million in annual revenue, be cash-flow positive for two years and show consistent growth. |
| Qualification | ||
| Usia minimum | The Next Generation Leadership Institute is designed for 25 to 50 year-olds set to assume leadership positions in their family businessApplies to that programme, not to membership. Enrolment is open to members and non-members.verified September 2026 · sumber ↗ | No published minimum age |
| Peran atau jabatan | No published role or title | Must be the CEO, President or Executive Chairperson of the company"Prospective members must be the CEO, President, or Executive Chairperson of an Evergreen company with a significant ownership stake."verified September 2026 · sumber ↗ |
| Pendapatan perusahaan minimum | No published minimum company revenue | At least US$10M in annual revenueAccompanied by two further financial tests: cash-flow positive for two years, and consistent growth.verified September 2026 · sumber ↗ |
| Kepemilikan saham minimum | No published minimum ownership stake | Must hold a significant ownership stake; the business must be closely held with value-aligned owners who have no legal right to compel a sale or IPONo percentage is specified. The ownership test effectively excludes companies with investors who can force an exit.verified September 2026 · sumber ↗ |
| Pembatasan geografis | Programmes are delivered in person at Loyola's Water Tower Campus in Chicago, which effectively limits membership to the Chicago regionThe Family Office peer group is mostly virtual; the Stewardship Institute is fully in person.verified September 2026 · sumber ↗ | No published geographic restriction |
| Invitation required | No | No |
| Sponsor required | No | Sometimes |
| Application process | Family businesses apply for membership through the Center's membership pages and pay the annual fee, after which members take part in an annual goal-setting meeting with Center staff. Peer group placement is arranged separately by the Center, which matches participants by role and life stage and keeps relatives from the same business apart. The two institutes enrol by cohort and are open to non-members as well; the Next Generation Leadership Institute takes a $1,000 non-refundable deposit to hold a place and runs information sessions before each intake. | Candidates who believe they meet the criteria complete a two-step pre-application covering personal details and company information: legal structure, year founded, annual revenue for the last fiscal year, employee count, number of years profitable, website and address. The organization says it reviews every pre-application in detail and that a member of the team then makes contact to discuss next steps. Staff biographies refer to a candidacy process and to working with member referrals. |
| Selectivity | Not publicly disclosed: no acceptance rate or screening criteria are published, though peer group placement is curated by staff. | Not publicly disclosed. The criteria are published in full but no acceptance rate, application volume or waitlist information is given. |
| Biaya | ||
| Iuran Tahunan | $7,500 a yearAnnual membership is $7,500 per family business and covers the whole family. Includes a 15% discount on Loyola's Executive and Professional Education open-enrolment courses.verified September 2026 · sumber ↗ | Not publicly disclosed. No membership fee appears anywhere on the public site; prospective members are routed to a pre-application and a follow-up conversation.verified September 2026 · sumber ↗ |
| Biaya inisiasi | No initiation fee is published.verified September 2026 | Tugboat Institute publishes detailed eligibility criteria but no pricing of any kind. |
| Biaya program | $3,500–5,000 a yearPeer groups: $3,500 a year for Center members, $5,000 for non-members. The Family Office group is free to members and $1,500 for non-members; CFO Roundtables are free.verified September 2026 · sumber ↗ | Tugboat Institute publishes detailed eligibility criteria but no pricing of any kind. |
| Biaya Acara | Membership dues are flat at $7,500 per family business. Peer groups and the two institutes are charged separately, with member rates lower than non-member rates; institute tuition is not published. | Not publicly disclosed. The Summit, Exemplar Visit and Gathering of Teams are described as member experiences without published pricing.verified September 2026 · sumber ↗ |
| Membership term | Annual | Not publicly disclosed |
| Struktur | ||
| Meeting frequency | Peer groups meet bimonthly for half-day sessions (the Family Office group quarterly); institute cohorts meet monthly or six times over 18 months; conferences, webinars and social events run through the year | Forum groups meet through the year, locally in person or virtually; three annual gatherings - the Summit each summer in Sun Valley, the Exemplar Visit at a member company each autumn, and the Gathering of Teams in February |
| Peer forums | Eight peer groups of roughly five to twelve participants, segmented by role and stage: NowGen (family C-suite), NextGen (family members outside the C-suite), Legacy (owners retiring within five years), Family Council (family members not in daily operations), Family and Shareholder Relations / Family Office, Non-Family CEOs, Chief Human Resource Officers and Female Board Directors, plus sponsored CFO Roundtables. Most groups include two one-on-one coaching sessions a year. | Confidential forum groups described as a structured environment balancing personal growth and business insight; members join either a local in-person forum based on geography or an "elastic" forum that meets virtually through the year and in person at Tugboat events |
| Confidentiality | The Center names confidentiality and non-solicitation among its founding values, states that all groups maintain strict confidentiality, and never places family members from the same business in the same group. | The organization describes its forums as "a safe space" and its community as defined by trust; it publishes no written confidentiality policy. |
| Time commitment | Peer groups: a half-day every two months. Next Generation Leadership Institute: 18 months, a two-day opening retreat plus 17 day-long cohort meetings and 15 coaching sessions. Stewardship Institute: 18 months, six meetings of a day and a half. | Not documented |
| Organized as | Forum-based, Cohort-based, Event-focused | Forum-based, Event-focused, Chapter-based, Virtual |
| Forum sejawat rahasia | Yes | Yes |
| Cabang-cabang lokal | No | Yes |
| Keanggotaan virtual | Partial | Partial |
| Komunitas daring | Partial | Yes |
| Direktori anggota | Not documented | Not documented |
| Acara | Yes | Yes |
| Pemrograman | ||
| Program pendidikan | Yes | Yes |
| Pengembangan kepemimpinan | Yes | Yes |
| Retret | Yes | Yes |
| Perjalanan | No | Partial |
| Program keluarga | Yes | Partial |
| Program untuk pasangan | Yes | Not documented |
| Program generasi berikutnya | Yes | Partial |
| Diskusi investasi | Partial | No |
| Peluang investasi | No | No |
| Komponen filantropi | No | No |
| Penekanan pada jaringan | Medium | High |
| Penekanan sosial | Medium | Medium |
Berikutnya
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