Trust Services: Foundation Administration
What an executive director needs for success behind-the-scenes Oftentimes families appoint a family member to be the executive director of their foundation. This is perfectly legal and makes sense, as that person can be the voice of the family, promote the mission of the foundation within the community and surface appropriate grantmaking opportunities as part […]
Our View
The Policy Path Ahead It is rare to see two consecutive weekly declines of –5% in the stock market. We have unfortunately witnessed this negative outcome in the last two weeks. And sentiment remains bearish through this week as well. We share some thoughts on the –11% decline in the S&P 500 index since September […]
6 Considerations Before Starting a Private Foundation
These essential questions will inform the direction of your charitable giving endeavors. The first thing to know about starting a private foundation is that it’s not your only option when it comes to philanthropic giving. A donor advised fund (DAF) is another popular grant-making entity available to you. “The entities are very different in terms […]
It’s a Match
Whittier Trust has a team of more than a dozen dedicated professionals responsible for protecting and growing all of our charitable clients. The passion these skilled matchmakers have for the philanthropic field is never more apparent than when they have the opportunity to connect Whittier Trust nonprofit endowment clients to Whittier Trust grant-making clients. Philanthropic […]
Whittier Trust Presents: Philanthropic Best Practices for Interfacing with Grantees and Applicants
We are often asked by folks who are relatively new to philanthropy – especially younger family members as they begin to get involved with their family’s philanthropy – if we have a list of do’s and don’ts for interfacing with grantee organizations. Because every family’s philanthropic journey is unique, we’ve been reluctant to come up […]
Seven Steps to Involving the Next Generation in Philanthropy
As a parent, it can be challenging to find meaningful ways to integrate your children into your philanthropic efforts. Factors such as age, interests, and financial status all play into how you handle introducing your children to your family’s philanthropic goals. At Whittier Trust, we channel our years of experience into tailored solutions that help […]
Seven Steps to Involving the Next Generation in Philanthropy
As a parent, it can be challenging to find meaningful ways to integrate your children into your philanthropic efforts. Factors such as age, interests, and financial status all play into how you handle introducing your children to your family’s philanthropic goals. At Whittier Trust, we channel our years of experience into tailored solutions that help […]
Philanthropy and Impact Investing: A Perfect Match
Philanthropy is the heartbeat of wealth management. It gives investors a chance to align their wealth and their values for a positive impact while furthering the long-term goals they envision for themselves. However, traditionally, only a relatively small percentage of charitable assets available to investors are actually given in service of donor-advised funds, grant-making or […]
Actionable Ideas: Can I Really Do That With a Donor-Advised Fund?
Donor-advised funds are remarkably flexible and versatile. Learn how many of our clients – whether or not they consider themselves to be philanthropic – are employing DAFs to minimize their income tax burden, reduce family conflict, structure their charitable giving for greater impact, diversify assets while avoiding capital gains tax, teach their children positive values […]
Philanthropic Response Options During the COVID-19 Crisis
Private philanthropy has always played a critical role in disaster relief efforts. While it certainly can’t and shouldn’t take the place of well-funded governmental aid programs, private donors have proven time and again to be more nimble and flexible, and their philanthropy can serve to help meet the immediate needs of those affected as they […]