You may have been giving money for many years, but perhaps you aren't satisfied with the results? Undertaking a thorough review of your funding – looking at your objectives, processes and grant history – can help you achieve more, in terms of personal and social impact. Some of your considerations may include:
Am I achieving my personal objectives?
Am I having social impact?
Is the family working well together?
What could I do differently?
How often should I review my giving?
Am I satisfied with the level of feedback I’m receiving from charities?
Family involvement
A former investment banker wanted to have more impact with his giving and to involve his teenage daughters. The family decided to implement a more formal philanthropy strategy, with NPC helping them to define their values more clearly, as well as narrowing the focus of their donations and establishing some criteria by which to proactively select charities to support.
'We always ensured our children’s interests and passions were included in the selection process and we hope they’re now growing up to be savvy investors in the philanthropic sector with benefits resonating far beyond our own family', said the client.