Implementing "partnerships" with charities. 18 March 2021
The session will provide an opportunity for STEP members to learn more about the important work of these organizations and how each are open to developing tailored relationships with donors that not all donors are aware can be implemented. Partnerships between wealth owning families and charities can be valuable to both, and can extend to areas beyond charity, including blended value “impact” investments.
Wealth owners have choices in relation to long-term charitable plans. One of these choices is to just give money to charities. Another is to set up a family trust or foundation that focuses on charities. And a third choice is to partner with a charity where the charity agrees to implement specific charitable intentions. In the case of the latter, administrative costs can sometimes be negotiated and capped, and donation programs can be tailored to the areas of interest and concern to the family or its charitable trust or foundation.
- Iraj Ispahani
- Philip Marcovici
- Markos Komondouros, Member of the Board, METAdras
- Hannah Maran, Partnership Development Manager, ICRC
- Olaf Tchongrack, Regional Manager Private Partnerships and Philanthropy (Asia & Pacific), UNHRC
Venue: By Zoom
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