Getting Started
Defining Philanthropic Mission & Goals
- Identify donor’s motivations, areas of interests and key philanthropic passions
- Provide general information on various methods of philanthropic giving
- Define the right vehicle for your giving needs
- Establish mission/goals/objectives
- Facilitate family discussions/workshops to discuss concept of philanthropy, potential roles and responsibilities, key interests
Establishing a Foundation
- Provide general information on operating a private or public foundation, including government requirements’ and filing processes
- Refer and coordinate with legal, tax and financial advisors in legally establishing a foundation and establishing government reporting requirements
- Assist in establishing operating principles of foundation
Setting up Efficient Processes & Tools
Develop appropriate administration tools for effective foundation management:
- Budget process
- Granting processes including: assessment, approval, tracking, reporting and evaluation mechanisms
- Format for Board and committee meetings
- Communication mechanisms
Fees
- Defining Philanthropic Mission & Goals – $5,000
- Establishing a foundation, starting from – $7500
- Operational tools for foundation management – $10,000
- Complete package, includes all three components above, starting from – $20,000
