Investing for charitable entities is similar to investing for individuals. The process includes setting goals,defining risk tolerance, establishing an investment policy statement and finding advisors or products to fulfill the investment plan. Reporting on performance, matching results to goals is just as important. In addition, there may be a need to match income and cash flow to giving schedules.
Before all of that happens, donors need to define their mission.
Who will do the giving - a person or an entity like a trust or a foundation? or a donor advised fund?
Who will be involved? will this be a family project? personal hobby? part of a family office?
How will this entity be funded?
To whom? what are the causes and institutions that will receive the gifts? is this plan part of a legacy to be established?
What is the legacy that the donor(s) want to achieve? What types of organizations or communities should benefit?
After those questions are answered, then the tactical decisions can be made:
How and when will gifts be pledged? made? tracked? reported?
It will take a team of advisors on taxes, estate planning and investing to help answer these questions.
We can work as the facilitator, to bring these parties to the table.