Get Professional Advice

Complete our contact form today in order to discuss your particular situation with a highly qualified, experienced, and fully regulated adviser

  • We promise to NEVER share your data with any third party
  • We operate no email lists
  • All data is managed securely in accordance with the General Data Protection Regulation (GDPR)

Philanthropy involves giving money or other resources to support charitable causes and organizations. If you are interested in getting involved in philanthropy, there are several practical steps you can take (we cover these in more depth for various countries but here are some in general):

 

 

  1. Identify your philanthropic goals

Before you start giving, it’s important to identify your philanthropic goals. Consider the causes you are passionate about, the types of organizations you want to support, and the impact you want to have.

  1. Research organizations

Once you have identified your philanthropic goals, research organizations that align with your values and goals. Look for organizations that are transparent about their finances and impact and have a track record of success.

  1. Get to know the organizations

Once you have identified potential organizations to support, get to know them better. Attend their events, read their annual reports, and meet with their staff and volunteers.

  1. Develop a giving plan

Once you have identified the organizations you want to support, develop a giving plan that outlines your goals, the organizations you will support, and the amount of money you will give. Consider setting up a budget and giving schedule to help you stay on track.

  1. Consider different giving vehicles

There are several ways to give to charity, including cash donations, donor-advised funds, and charitable trusts. Consider the tax implications and benefits of each option and choose the one that best fits your goals and financial situation.

  1. Get involved

Philanthropy isn’t just about giving money; it’s also about getting involved and making a difference. Consider volunteering your time and skills to the organizations you support, attending events and fundraisers, and spreading the word about their work.

  1. Measure your impact

To ensure that your philanthropic efforts are making a difference, it’s important to measure your impact. Consider setting up a system to track your giving and the impact of your donations, such as the number of people served or the amount of money raised.

  1. Reevaluate regularly

Philanthropic goals and priorities can change over time, so it’s important to reevaluate your giving plan regularly. Consider reviewing your goals and the organizations you support annually to ensure that your philanthropy continues to reflect your values and goals.

By following these practical steps, you can get started on your philanthropic journey and make a meaningful impact in your community and beyond.

Get Professional Advice

Complete our contact form today in order to discuss your particular situation with a highly qualified, experienced, and fully regulated adviser

  • We promise to NEVER share your data with any third party
  • We operate no email lists
  • All data is managed securely in accordance with the General Data Protection Regulation (GDPR)