Private Wealth

Charity & philanthropy

Establishing a charitable legacy for you and your family.

At a point where the accumulation of your wealth has ensured the financial security of your family you may wish to consider your lasting legacy and turn your attention to how your wealth could be used to reflect your personal values and make a difference to causes of importance to you. This could involve creating your own charity or foundation, establishing a trust to benefit several existing charities, or leaving a gift to a chosen charity in your Will. To be confident that you are providing the best possible support to your chosen causes, you should work with advisers with a thorough knowledge of charity law and the expertise to structure your charitable giving appropriately.

Our team advises wealthy individuals and families on the creation and registration of a range of vehicles for charitable giving. We work with you closely to gain a full understanding of your philanthropic objectives so we can develop a tailored and pragmatic strategy to support you in fulfilling these aims, whilst maintaining the greatest tax efficiency.

Once the charitable entity has been established, we can provide you with proactive guidance on its governance and day to day running. This could cover fundraising and tax, preparing funding agreements, compliance and regulatory work, trading subsidiaries, corporate sponsorship and restructuring including incorporations, mergers and group re-organisations.

Our team offers a bespoke, personal service and is committed to ensuring that the charitable intentions of you and your family are fulfilled exactly as you would envisage.

Tax efficient charitable donations

We advise clients on making charitable donations in the most tax-effective way, utilising the tax reliefs available to maximise the benefit for both the client and the charity.

Bespoke philanthropic strategies

For clients who have or will shortly come into a significant wealth (e.g. following the sale of a business interest), we work with the families to formulate and implement a bespoke strategy for their philanthropy. This typically involves establishing a charitable entity (which may be a trust, a company or a charitable incorporated organisation, depending on the circumstances) and coordinating the client’s other professionals, such as investment managers and accountants.

Leaving a legacy to charity

Where a client wants to leave a considerable gift to charity in their will which would make a lasting and significant difference, we have worked with the client and the selected charity to structure the legacy in bespoke way that was satisfactory to our client and achieved their objective and vision. We subsequently work with the charities to promote philanthropic giving.

Tax efficient charitable donations

We advise clients on making charitable donations in the most tax-effective way, utilising the tax reliefs available to maximise the benefit for both the client and the charity.