Philanthropic Strategies

Philanthropy provides families meaningful opportunities to enrich their communities and promote the values the family holds dear. Effective philanthropy, however, requires more than just periodic charitable donations. It is an integrated component of a family’s comprehensive wealth management strategy.

By constructing and implementing a philanthropy strategy, a family is best able to maximize the efficacy of its gifts. William Blair & Company has extensive experience working with families and their other trusted advisors to create appropriate philanthropic strategies. We have collaborated with families’ tax and legal advisors on strategies such as charitable remainders, trusts, private foundations, and donor-advised funds. Each client’s philanthropic strategy is created with careful consideration of the income tax and gift/estate tax implications.

Like all other parts of family wealth management, the philanthropic component needs to be adaptive and responsive to changing conditions. William Blair & Company’s internal experts continually and carefully monitor timely discussions in the U.S. Congress and the IRS to determine how new rulings and laws affect charitable giving.

Important Disclosure

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