ZEDRA Group’s Post

Essential reading for anyone interested in understanding how UK charitable trusts and foundations fared in 2022-23, the challenges they faced and how they are worked to navigate those challenges.

👏 I welcome the fact that the Association of Charitable Foundations does such hard work to inform the public about the world of grantmaking foundations. 👏 The work they do is a powerful tool to address the imbalance between funders and grantees. The need for support in 2022-23 increased more than ever and saw the term 'polycrisis' become a commonly used description for the interconnected and overlapping crises affecting climate, global health, economies and social systems'. 🤔 This report shows how grantmaking foundations did an immense amount of self-reflection, and adopted a more strategic approach, for what they could do to address this - and it provides a number of examples about who did what. The overall public view of funders (and philanthropists in general) is often that they are in their own little bubble, and do what they assume needs to be done, rather than what actually does need to be done. 🤞 But I hope this report is seen as a demonstration that is old-school thinking. Things have changed. Those with excess capital have begun to reach out to those with lived experiences, getting more informed, and becoming more transparent about their activities. In every day life, criticism that is badly delivered often backfires. I put forward the same could be true for foundations. A critique of their work is not a bad thing... but they should be welcomed, educated and encouraged - that is the only way we will be able to find more synergies between all of the stakeholders in this sector 👍. 🙏 Many thanks to Carol Mack and her team for all of their hard work to make this happen. #grantmaking #foundations #donors #grants #philanthropy

Charitable contributions are essential for high-net-worth (HNW) households, often extending far beyond direct gifts. 🎁 Exploring alternative avenues for philanthropic giving not only maximizes impact but can also optimize tax benefits for the wealthy. In our latest article, we delve into strategies such as: ✒️ Establishing donor advised funds, which provide flexibility and strategic giving options. 🏛️ Creating private foundations to establish a lasting philanthropic legacy. 📜 Setting up charitable trusts for structured giving. 💎 Donating luxury assets. These options empower HNW individuals to make a significant difference in their communities while aligning with their financial goals. Discover how these approaches can elevate your philanthropy and create lasting positive change. https://ow.ly/CTcq50SWjaY #PlannedGiving #philanthropy #HNWI

Idea #12, from Mollie Bunis: 💰 Establish a #philanthropy budget. 💰 How much do you want to give away this year? If you're clear about your philanthropic budget, you're more likely to achieve your charitable goals. Take it a step further and allocate an amount for the different purposes of your philanthropy, such as responding to emergencies, supporting requests from peers and organizations you are involved with, or more focused giving to achieve impact in specific issue areas. 

Charitable contributions are essential for high-net-worth (HNW) households, often extending far beyond direct gifts. 🎁 Exploring alternative avenues for philanthropic giving not only maximizes impact but can also optimize tax benefits for the wealthy. In our latest article, we delve into strategies such as: ✒️ Establishing donor advised funds, which provide flexibility and strategic giving options. 🏛️ Creating private foundations to establish a lasting philanthropic legacy. 📜 Setting up charitable trusts for structured giving. 💎 Donating luxury assets. These options empower HNW individuals to make a significant difference in their communities while aligning with their financial goals. Discover how these approaches can elevate your philanthropy and create lasting positive change. https://ow.ly/WlXU50SUch5 #PlannedGiving #philanthropy #HNWI

Creating a Lasting Legacy Through Philanthropy Integrating philanthropy into your wealth transfer strategies is a popular way to leave a meaningful legacy. Consider: - Donor Advised Funds: Contribute and receive tax benefits, while choosing where your funds go. - Family Foundations/Trusts: If gifting over $1 million, this may be a better structure to manage and distribute funds collectively over generations. - Charitable Bequests: Include in your estate planning to support causes you care about. Want to create a philanthropic legacy? Connect with us at https://hubs.ly/Q02kvMXp0 for expert advice on integrating philanthropy into your wealth transfer plans. #Philanthropy #WealthTransfer #LegacyPlanning

Endowment” is the word often used to refer to a designated pool of assets that are invested by and tracked separately such that a modest portion (usually based on a percentage) of the assets are distributed each year for charitable purposes, and the rest of the assets remain invested to grow in perpetuity. This growth, in turn, helps the endowment provide even more support each year to #nonprofits. #Philanthropy

Charitable contributions are essential for high-net-worth (HNW) households, often extending far beyond direct gifts. 🎁 Exploring alternative avenues for philanthropic giving not only maximizes impact but can also optimize tax benefits for the wealthy. In our latest article, we delve into strategies such as: ✒️ Establishing donor advised funds, which provide flexibility and strategic giving options. 🏛️ Creating private foundations to establish a lasting philanthropic legacy. 📜 Setting up charitable trusts for structured giving. 💎 Donating luxury assets. These options empower HNW individuals to make a significant difference in their communities while aligning with their financial goals. Discover how these approaches can elevate your philanthropy and create lasting positive change. https://ow.ly/hak250SU0lX #PlannedGiving #philanthropy #HNWI

Charitable contributions are essential for high-net-worth (HNW) households, often extending far beyond direct gifts. 🎁 Exploring alternative avenues for philanthropic giving not only maximizes impact but can also optimize tax benefits for the wealthy. In our latest article, we delve into strategies such as: ✒️ Establishing donor advised funds, which provide flexibility and strategic giving options. 🏛️ Creating private foundations to establish a lasting philanthropic legacy. 📜 Setting up charitable trusts for structured giving. 💎 Donating luxury assets. These options empower HNW individuals to make a significant difference in their communities while aligning with their financial goals. Discover how these approaches can elevate your philanthropy and create lasting positive change. https://ow.ly/UI7650SUgos #PlannedGiving #philanthropy #HNWI

Charitable contributions are essential for high-net-worth (HNW) households, often extending far beyond direct gifts. 🎁 Exploring alternative avenues for philanthropic giving not only maximizes impact but can also optimize tax benefits for the wealthy. In our latest article, we delve into strategies such as: ✒️ Establishing donor advised funds, which provide flexibility and strategic giving options. 🏛️ Creating private foundations to establish a lasting philanthropic legacy. 📜 Setting up charitable trusts for structured giving. 💎 Donating luxury assets. These options empower HNW individuals to make a significant difference in their communities while aligning with their financial goals. Discover how these approaches can elevate your philanthropy and create lasting positive change. https://ow.ly/eCbf50SUPuE #PlannedGiving #philanthropy #HNWI