Charitable Giving & Philanthropy

Charitable Giving & Philanthropy

Charitable giving and philanthropy are often two of the most personal and important aspects of the services we provide for our clients that are interested in leaving a legacy. 

The act of contributing time, resources, or funds to charitable causes and organizations that you and your family care about can help truly align your wealth with your financial planning in a way that few other pieces can. 

Charitable giving is usually used to refer to donations to nonprofit organizations, charities, or community initiatives during your lifetime, and is often included as part of an annual budget. 

Generational philanthropy on the other hand, focuses on establishing a long-term legacy of giving across multiple generations. 

These practices allow you and your family to make a positive impact on society, support causes you care about, and create a tradition of generosity within your family.

Identifying Philanthropic Values & Interests

Our firm engages in meaningful conversations with you to understand your philanthropic values, passions, and interests.  By exploring your personal values and causes you and your family care about, our team helps identify the areas where you want to make a difference.  This forms the foundation for developing a strategic philanthropic plan.

Philanthropic Planning

Our wealth management team assists you and your family in developing a philanthropic plan that aligns with your financial goals and values.  This involves determining the appropriate level of giving, establishing a budget, and creating a strategy for maximizing the impact of your charitable contributions.  We help you prioritize charitable initiatives and develop a roadmap for achieving your philanthropic objectives.

Charitable Giving Vehicles

We advise you on selecting the most suitable charitable giving vehicles based on your goals and circumstances.  This may include establishing donor-advised funds, private foundations, or charitable trusts.  Our team educates you and your heirs about the benefits and requirements of each option, helping you make informed decisions that align with your long-term philanthropic vision.

Tax Planning & Optimization

Our wealth management team works with your tax professionals to help you to optimize your charitable giving from a tax perspective.  This involves analyzing tax implications, such as deductions and credits associated with charitable donations, and advising you on strategies to maximize available tax benefits.  We help you understand the tax-efficient ways to structure your donations, potentially reducing your tax liabilities while maximizing your charitable impact.

Impact Assessment & Due Diligence

Our firm assists you in evaluating charitable organizations and initiatives to ensure they align with your values and have the meaningful impact that you intend.  This may involve working with specialists in conducting due diligence on nonprofit organizations, assessing their track record, transparency, and financial stability.  Our team provides guidance to you and your family on assessing the impact of your donations and measuring the effectiveness of your charitable and philanthropic efforts.

Family Philanthropy & Legacy Planning

We help you develop generational philanthropy strategies to involve your family members and heirs in your charitable giving strategy so that you can create a lasting legacy.  This includes facilitating conversations around shared philanthropic values, engaging your family members in the decision-making process and establishing structures for ongoing family involvement in charitable activities.  Our team provides guidance on developing mission statements, governance structures, and mechanisms for passing down philanthropic values to future generations.

Collaborating with Charitable Experts

Our wealth management firm has connections and partnerships with experts across many segments of the charitable sector.  You can lean on our relationships to connect with nonprofit organizations, philanthropic advisors, and experts who can provide specialized guidance on impactful giving strategies.  If desired, our firm can serve as a bridge between you and the charitable community, facilitating meaningful connections and collaborations.

Investment Management

Our team will continue to work with your trust company, accountants, attorneys and beneficiaries to manage the investments earmarked for charitable donation in a way that they will most effectively accomplish your giving goals.  This includes ongoing portfolio management, distribution strategies and documentation.

Providing Ongoing Guidance

We provide ongoing guidance and education to help you and your family make informed charitable giving decisions, stay on top of changes in tax laws and regulations, and ensure that your giving strategy continues as you intended.

Identifying Philanthropic Values & Interests

Our firm engages in meaningful conversations with you to understand your philanthropic values, passions, and interests.  By exploring your personal values and causes you and your family care about, our team helps identify the areas where you want to make a difference.  This forms the foundation for developing a strategic philanthropic plan.

Philanthropic Planning

Our wealth management team assists you and your family in developing a philanthropic plan that aligns with your financial goals and values.  This involves determining the appropriate level of giving, establishing a budget, and creating a strategy for maximizing the impact of your charitable contributions.  We help you prioritize charitable initiatives and develop a roadmap for achieving your philanthropic objectives.

Charitable Giving Vehicles

We advise you on selecting the most suitable charitable giving vehicles based on your goals and circumstances.  This may include establishing donor-advised funds, private foundations, or charitable trusts.  Our team educates you and your heirs about the benefits and requirements of each option, helping you make informed decisions that align with your long-term philanthropic vision.

Tax Planning & Optimization

Our wealth management team works with your tax professionals to help you to optimize your charitable giving from a tax perspective.  This involves analyzing tax implications, such as deductions and credits associated with charitable donations, and advising you on strategies to maximize available tax benefits.  We help you understand the tax-efficient ways to structure your donations, potentially reducing your tax liabilities while maximizing your charitable impact.

Impact Assessment & Due Diligence

Our firm assists you in evaluating charitable organizations and initiatives to ensure they align with your values and have the meaningful impact that you intend.  This may involve working with specialists in conducting due diligence on nonprofit organizations, assessing their track record, transparency, and financial stability.  Our team provides guidance to you and your family on assessing the impact of your donations and measuring the effectiveness of your charitable and philanthropic efforts.

Family Philanthropy & Legacy Planning

We help you develop generational philanthropy strategies to involve your family members and heirs in your charitable giving strategy so that you can create a lasting legacy.  This includes facilitating conversations around shared philanthropic values, engaging your family members in the decision-making process and establishing structures for ongoing family involvement in charitable activities.  Our team provides guidance on developing mission statements, governance structures, and mechanisms for passing down philanthropic values to future generations.

Collaborating with Charitable Experts

Our wealth management firm has connections and partnerships with experts across many segments of the charitable sector.  You can lean on our relationships to connect with nonprofit organizations, philanthropic advisors, and experts who can provide specialized guidance on impactful giving strategies.  If desired, our firm can serve as a bridge between you and the charitable community, facilitating meaningful connections and collaborations.

Investment Management

Our team will continue to work with your trust company, accountants, attorneys and beneficiaries to manage the investments earmarked for charitable donation in a way that they will most effectively accomplish your giving goals.  This includes ongoing portfolio management, distribution strategies and documentation.

Providing Ongoing Guidance

We provide ongoing guidance and education to help you and your family make informed charitable giving decisions, stay on top of changes in tax laws and regulations, and ensure that your giving strategy continues as you intended.

By providing comprehensive guidance on charitable giving and generational philanthropy, our wealth management firm helps you and your family make a positive impact in your community and create a lasting legacy. 

Through strategic planning, tax optimization, impact assessment, and family engagement, we help to empower you to align your wealth with your values and contribute to causes that are important to you.

Have Questions? We're Here to Help.

Our calls are always relaxed and pressure-free.

Core Charitable Giving Services

Goal Clarification and Documentation

Donor Advised Fund Set Up

Charitable Organization Review

Beneficiary Coordination

Trust Company Coordination

Philanthropic Investment Oversight

Investment Management

Annual Donation Distribution

Core Charitable Giving Services

Goal Clarification and Documentation

Donor Advised Fund Set Up

Charitable Organization Review

Beneficiary Coordination

Trust Company Coordination

Philanthropic Investment Oversight

Investment Management

Annual Donation Distribution

Charitable Giving or Generational Philanthropy

Our calls are always relaxed and pressure-free.