Your family is working hard to make lasting changes and leave a positive legacy in the world. One way that many family offices do this is with philanthropic directives.
Family office teams determine what philanthropy efforts they most align with and provide monetary gifts and donations, grants, advocacy, or impact investing.
Build a Culture of Giving
There are many reasons why family offices should engage in philanthropic giving.
First, it’s an easy way to educate the next generation about shared or honored values, and how to build a legacy that lasts. This gives those up and coming within your family office the opportunity to engage in things that matter and prepare them for the responsibility of handling wealth.
Next, philanthropy comes with some tax advantages, which can be helpful when it comes to your financial management.
And last, it provides your family office to advance social change or give back to organizations or causes that matter to you.
Whether it’s helping bolster a small non-profit organization with an impactful mission, or working to fund causes that alleviate economic inequality or promote social justice, participating in philanthropic endeavors is rewarding.
The Philanthropy Manager
Hiring an experienced philanthropy manager to oversee the various philanthropic efforts you choose to participate in is one of the best ways to build a robust philanthropy portfolio that stands the test of time.
Benefits to Your Office
A philanthropy manager offers significant benefits for family offices. They ensure your contributions are strategic and far-reaching across global and local platforms.
Some of the things focused on are:
- Strategic Giving Frameworks
- Establishing Family Foundations
- Impact Measurement and Evaluation
- Cause Alignment Strategy
- Global and Local Initiative Development
- Nonprofit Partnership Management
- Social Innovation Tracking
- Generational Engagement Planning
- Donor-Advised Fund Optimization
- Ethical Investment Alignment
- Community Transformation Strategies
- Sustainability Program Design
- Legacy Impact Projection
Philanthropy managers also play a key role in cultivating strong relationships with donors or other organizations, as well as professional advisors, your chief of staff, or in-house counsel. This person is also skilled in grant management and compiling reports to maximize your financial impact.
But most importantly, a dedicated philanthropy manager works alongside your family office team to develop and implement a strategy for charitable giving, volunteering, or other efforts that match your family’s long-term goals and values.
Hiring Considerations
When you’re looking to hire a philanthropy manager, the individual should be qualified in fundraising or business development – especially in the non-profit or foundation environment.
They should also be an adept problem-solver, a good communicator, strong team player willing to collaborate with internal and external advisors and be willing to think strategically to ensure your legacy lives on.
Today, more and more family offices are discovering the importance of devoting a portion of their time, resources, and wealth to philanthropy. In fact, many family offices have made giving back the cornerstone of their business and often define it as a tool of their success.
Hire a Philanthropy Manager
Ready to expand your team and hire a motivated philanthropy manager who’s able to serve as a legacy builder for your family office? We have the expertise you can count on to find a highly trained and specialized philanthropy manager who will serve your family office with integrity and creative vision.
Our team at Household Staffing works closely with you to develop a comprehensive job listing that includes all roles and responsibilities for your hire. This listing is published on our extensive network of candidate recruitment job boards, ensuring your job attracts the most experienced philanthropy managers in your area.
Upon application, we personally review each candidate before we introduce them to you and confirm that their capabilities meet or exceed your requirements. Our detailed and personalized process helps us to get to know our clients, ensuring we have a good understanding of your family office culture.
Contact us today to get started on the hiring and interview process. We look forward to working with you!
