How can I ensure my philanthropy will have maximum impact?
Wealth has afforded me considerable opportunities. While I’ve given back over the years, I want to ensure my donations, gifts and contributions are strategic and impactful. Are personal or corporate donations best? Should I start a private foundation? How do I transmit the value of giving to the next generation?
How we can help
While contributing to charitable causes makes us feel good, the process of allocating donations can sometimes be complex and sensitive – especially when there are so many worthy causes. The best way to ensure that your philanthropy is impacting those causes closest to your heart is to develop a giving strategy directed by a philanthropic mission and vision.
Richter helps you evaluate your strategy and ensures that your donations are made in the way that aligns with your objectives and offers maximum tax efficiency.
And on the more personal side, we’re here to help you and your family navigate the decision-making process. Charitable giving can be a great way to transmit values to younger generations; it’s an opportunity to teach your children or grandchildren financial literacy and get them involved in activities that go beyond just amassing their own personal wealth, by sharing with others.
While giving back can be altruistic, it is also part of what defines your legacy. We’ll help make sure you’re giving strategy it is on a solid foundation for the long term.
See also: Entrepreneurs and Philanthropy
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