
Individuals and families of exceptional wealth are in a position to benefit mankind and extend their legacy by making contributions towards organizations that incorporate their value and beliefs, including education, poverty, health care, alternative energy, arts, science and more.
Although contributions directly to established charitable organizations is common place, those of exceptional wealth often prefer a more integrated and involved strategy, and establish a private foundation.
“Independent and family foundations — which represent almost nine out of 10 foundations — raised their giving by 12.7 percent in 2007, up from an increase of 9 percent in 2006.”
Undeniably, the choice and control when organizing a private family foundation, and the ability to include family members in the research and grant process, is an excellent way to instill family values to younger generations.
With appropriate planning, our members can still build and preserve a significant fortune for loved ones while developing philanthropic plans to enhance the family legacy for generations to come.
The Family Office Association (FOA) provides the education, support network, and advisors to help our members become more savvy philanthropists. With a unique approach to investment strategies, FOA will provide opportunities to integrate your wealth building strategies with charitable organizations and your family foundation goals.
A private foundation, along with other charitable strategies, allows for your wealth to make an immediate and lasting impact around the world that will ensure your family’s legacy sustainability.
Cleaner environment, cure for cancer, space exploration, equal opportunity for education, and housing for the underprivileged ….… what do you want your family legacy to be?