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Philanthropy

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

What is philanthropy in the context of Family Offices

Philanthropy in the context of Family Offices refers to the strategic act of donating money, goods, services, or time to support charitable causes and promote the welfare of others. Family Offices often engage in philanthropy to align with their values, create social impact, and leave a lasting legacy.

Different approaches to philanthropy by Family Offices

Family Offices may adopt various philanthropic approaches, including direct donations, establishing foundations, impact investing, and engaging in collaborative giving. Each approach allows Family Offices to tailor their philanthropic efforts to their specific goals and values.

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