Philanthropic Planning

Family philanthropy translates family ideals into effective philanthropic giving. Various factors influence the quantity, quality and nature of charitable donations, and a successful philanthropic plan requires strategy, communication and constant evaluation. A cohesive plan allows for families to target their areas of concern and how best to provide efficient philanthropic giving.

For a multigenerational family, philanthropy can be a cornerstone of legacy, and engaging children and grandchildren can be an important step along their philanthropic journey. As children grow up, they learn to understand the impact of charitable contributions, and by maximizing family engagement, a more meaningful legacy is left and the family ties become stronger.

The professionals at Intracoastal Family Office LLC help clients to understand their principal mission in giving through creation of their philanthropic plan. After the plan is implemented, evaluations are scheduled to ensure the family’s giving is having its desired impact.