Philanthropic Foundation

Related terms: philanthropy, charitable giving, donor-advised fund, impact investing, strategic philanthropy

What is a Philanthropic Foundation?

A philanthropic foundation is a non-profit organization established by a family or individual to support charitable activities through grants and donations. It serves as a vehicle for structured giving, allowing families to contribute to societal causes and make a lasting impact.

Role of Philanthropic Foundations in Family Offices

In the context of family offices, philanthropic foundations play a crucial role in aligning family values with charitable goals. They provide a formal structure for managing and distributing charitable funds, ensuring that philanthropic efforts are strategic, impactful, and aligned with the family’s legacy and mission.

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