“I resolved to stop accumulating and begin the the infinitely more serious and difficult task of wise distribution.”

- Andrew Carnegie

Your Philanthropic Needs

According to The Giving USA Foundation, Americans donated more than 300 billion dollars in charitable contributions for both 2007 and 2008 respectively. These gifts were given through: donor advised funds, charitable foundations, private foundations, equity gifts, individual contributions, estate distributions, and insurance proceeds – as well as other platforms. The options available for wealthy families to create meaningful and effective philanthropic strategies vary wildly. It is no wonder why families, foundations, and individuals alike are often vexed when it comes to creating and developing positive charitable giving solutions efficiently. Questions range from what missions to support, how engaged individuals want to be in those missions, if gifts will be singular or perpetual, and what the most effective tax strategies are, as well as many others.

Implementing the proper charitable gifting and philanthropic strategy is a very important aspect to your overall wealth management plan. Proper charitable gifting can add numerous benefits, both financially and holistically to the family dynamic. Not only can sound charitable gifting make a positive difference in the world and your community, it can also assist in transferring family values. A strong way to dissuade the negative effects of wealth in families is to get future generations involved with philanthropic endeavours. This can create real world educational experiences, build family ties, and can help to shape stronger individuals and families.

Your Philanthropic Solutions

Elysien Private Wealth can help you establish a donor advised fund or family foundation that can assist you with developing gifting solutions that will exceed the expectations you outline. We will work with other charitable gifting and philanthropic experts in order to guarantee that your wishes are brought to fruition. When it comes to your charitable endeavours we will expertly guide you through the investment world and work with your other advisers to implement your philanthropic life into your over wealth management strategy. Through a series of questions and advisory meetings we will establish the following charitable framework for your foundation or family.

* Building a Mission Statement – This step will establish your philanthropic framework.

* Implementation of Strategy – This step will assist you in selecting the proper investment vehicles for your gift.

* Entity Selection – This step will establish what type of legal structure your gift will have.

* Grant Distribution & Maintenance – This step guarantees that your gifts are distributed & properly managed.