Philanthropic Financial Planning in Denver

Leaving a Legacy of Charitable Giving

A Financial Plan with a Philanthropic Mission

Many families foster a philanthropic mission that often runs through the generations. Brown and Company works with clients to develop a strategy that incorporates their philanthropic visions into their wealth planning.

We help you and your family formulate your values and goals. Then we incorporate these as well as your charitable interests into a cohesive strategic plan. After you determine the causes you want to support, we help you find the organizations and/or projects that align with your goals and are positioned to pursue the outcomes you want.

The final step – and perhaps the most important – is the integration of your charitable giving goals into your broader financial and tax strategies. We look at charities that have enhanced tax benefits that further reduce not only estate tax but income taxes as well. Brown and Company regularly reviews the philanthropic portion of your plan and recommends adjustments, if necessary, as markets and life events change.

Three Key Considerations Before Creating a Philanthropic Plan

As you sit down to think about your philanthropic planning for the future, it’s crucial that you and the financial advisor you work with spend some time thinking about three key considerations:

What kind of causes do you want to support?

If you want your charitable giving to make the biggest impact, you should think about which causes are nearest and dearest to your heart. Perhaps you want to give back to your alma mater, promote the arts or improve access to healthcare in your community. Getting down to the core of your values and what kind of a world you want to contribute to will help you narrow your focus to the charitable organization or organizations you want to support.

How much do you want to give and for how long?

Another important element of establishing your philanthropic goals involves assessing your financial situation to determine how much support you are able to give. You need to weigh the difference between making one-time contributions or engaging in a long-term commitment to a specific charity. Working with a certified financial planner can help you understand how your charitable donation will fit into your overall financial goals.

What impact do you want your charitable gifts to have?

Any donation you make to a charitable cause should align with your personal values and contribute to an outcome you’d want to see in the world around you. Most donors choose to focus on select charities and initiatives that fit into these strategies, whether they’re concentrated on addressing immediate needs or building long-term change to tackle a larger problem. As you engage in philanthropic planning with the help of a wealth management specialist, take the time to envision how you want your investment in these causes to take shape. Becoming a philanthropist is an act of passion and determination, and it’s one that shouldn’t be entered into without a full commitment.

Our Philanthropy Planning Process

Philanthropy planning is not only a service we offer our clients — it is also a major part of Brown and Company’s identity. Because we give back to our community, we fully understand the value of having a mission and the importance of carefully planning the distribution of charitable assets.

Our philanthropy planning process consists of creating, reviewing and/or modifying the following for our clients:

Endowment funds
Charitable bequests
Private family foundations
Charitable remainder trusts
… and more

Let Brown and Company Show You the Way

As a leading provider of financial services, Brown and Company can help you with philanthropic financial planning in Denver. We know that philanthropy isn’t just about money — it’s about making a difference in the world around you and furthering your core values and beliefs while inspiring future generations to give. Get in touch with us today to begin building your charitable legacy.

With Brown, You’ll Know!