Case Studies: Family Philanthropy

Scenario

A Ridgefield family who owns a publishing company wants to make a philanthropic impact close to home through a private foundation, but prefers greater tax benefits and fewer bureaucratic hurdles.

They also want to involve their children and learn how to be effective philanthropists.

They've chosen to focus their giving on adult literacy and early childhood education programs in the region.

Solution

Establish and name a donor advised fund.

The family meets regularly to discuss nonprofit programs the Foundation brings to their attention, goes on site visits arranged by the Foundation, and makes grant decisions.

The Foundation handles all of the grantmaking, paperwork and reporting.

Contact Us to Get Started

To learn more about specific solutions for your clients' charitable giving, contact Juanita T. James, President & CEO, at 203.750.3200.