Family foundations serve as a vital bridge between wealth and community impact, providing families with the tools to leave a lasting legacy.
At Newberry Group Advisors, we specialize in guiding a family's legacy with the help of philanthropy advisors through the system of managing their foundations, ensuring that their philanthropic endeavors align with their values and aspirations.
Getting Started with Your Family Foundation
No matter if you already have a private foundation or are considering establishing one, the first step is to clarify your mission. A well-defined mission statement serves as the foundation for your philanthropic activities, guiding every decision and grant made. Our team of Northern Virginia philanthropic advisors is here to help you articulate your mission and create effective grant guidelines that reflect your family’s values and objectives.
Key Steps to Establish Your Family Foundation
● Define Your Mission: Craft a statement that captures your family’s values and philanthropic goals.
● Set Grant Guidelines: Establish criteria for funding that align with your mission.
● Engage Family Members: Involve all family members in discussions to foster a sense of ownership and unity.
Ongoing Support for Your Foundation
Managing a family foundation can be complex, especially when balancing family interests and community needs. Our approach focuses on providing ongoing support tailored to your specific needs. Whether you require assistance in reviewing grant applications, conducting due diligence, or assessing the impact of your donations, our dedicated team is here to help.
Benefits of Partnering with Newberry Group Advisors
● Expertise in Grant Management: We review applications thoroughly to ensure alignment with your mission and guidelines.
● Impact Assessment: Our team helps evaluate the effectiveness of your grants, enabling informed future decisions.
● Administrative Relief: By offloading the administrative tasks, you can focus on strategic decisions while maintaining full control over financial disbursements.
Why Choose Newberry Group Advisors?
Choosing the right partner for your family foundation is essential. At Newberry Group Advisors, we pride ourselves on our unique selling propositions that set us apart:
● Personalized Meetings in Northern Virginia.: We believe in the power of face-to-face interactions. Our team is readily available to meet with clients in the greater Washington D.C. area, fostering a strong relationship built on trust and collaboration.
● Faith-Based Perspective: We understand the importance of aligning your philanthropic efforts with your values. Our advisors are happy to work with clients from a more conservative or faith-based perspective, ensuring that your foundation’s activities resonate with your beliefs.
● Chartered Advisor in Philanthropy® Designation: Our specialized expertise, backed by the Chartered Advisor in Philanthropy designation, equips us with the knowledge and skills to effectively navigate the complexities of philanthropy. This ensures that our clients receive the highest level of guidance and support.
Creating a Lasting Legacy Through Philanthropy
Establishing and managing a family foundation is a journey that can significantly impact your community and create a legacy for generations to come.
At Newberry Group Advisors, we, the philanthropic advisors of Virginia and Washington D.C., are committed to helping families navigate this process strategically and compassionately. Whether you are just starting or seeking ongoing support, our team is ready to assist you in making a meaningful difference. Connect with us today to learn how we can help you achieve your philanthropic goals and create a lasting legacy.
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