Individuals or families for whom philanthropy is important may have the very best intentions for using their resources to benefit others and repair the world. However, they may not have the expertise, time or ability to create a values-based, strategic plan to guide their giving and help them find the joy and meaning in being philanthropists.
The DeBoskey Group works with families to ensure that their philanthropy is aligned with their values and is structured to effectively capture all of the available tax benefits. When appropriate, we conduct multigenerational family meetings, starting with the basics of philanthropic values and how they are communicated within the family. What does the family want to achieve and how can each family member participate in decision-making? Does the family need to address and reconcile different values that its members may have? What does it mean to be a philanthropist rather than simply a donor? We will help you explore the various ways to structure your philanthropy, whether it's creating a family foundation, setting up a donor-advised fund or simply working with existing charitable structures.
Philanthropic planning is a unique opportunity for a family to come together, ascertain shared values and empower younger generations to carry on the family's initiatives. Working with The DeBoskey Group, you will have the support you need to identify your goals, determine just how much you can afford to give, develop a strategic plan and monitor whether you are achieving your objectives. In estate planning, we will work with your lawyer to assure the lasting philanthropic legacy you want for you and for generations of your loved ones to come. All of our work is done with discretion and complete confidentiality.
For more specifics on the types of questions we will help you answer, see Families and Philanthropy.