Philanthropists and humanitarians around the globe are watching the unfolding crisis in Ukraine as a result of Russia’s invasion earlier this week. The Center for Disaster Philanthropy, the leading expert in helping donors maximize their impact in response to domestic and global disasters, has shared the following information: “Russian President Vladimir Putin’s assaults on multiple cities in Ukraine began overnight …
Successor advisors are important in continuing your charitable legacy beyond your lifetime. Whitney Hosty, Senior Philanthropic Advisor, answers your questions about the role of successor advisors. Q: What is a successor advisor? A: Successor advisors are the individuals from whom our staff will take direction about your charitable fund when you are no longer able to do so, particularly regarding …
As any corporate leader or director knows, in most cases there is more than one way to reach established company goals. When the goal is to streamline and maximize corporate charitable giving, the decision comes down to creating a private foundation or a corporate donor-advised fund. Like retirement accounts, both have an end goal, but there are different types of …
“What happens when I die?” On an esoteric level, financial advisors cannot answer that question for their clients. However, they can in terms of their clients’ charitable legacies. If you have clients to whom philanthropy has been, is or will be important, a conversation needs to be had about building charitable giving into their legacy plans. Building trusted relationships with …
