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Philanthropy

People invariably want to leave a lasting legacy behind for their families and often in their wider communities too. Many will no doubt already be involved in the community in some capacity or supporting existing registered charities.

Traditional philanthropy is rapidly evolving. People now increasingly feel that they can make a bigger, more visible impact and drive change more effectively by taking charge of their own philanthropy. We can guide you on this journey and help you to develop and implement your philanthropic plans and ensure that the next generation are also equipped for the challenges and responsibilities that future leadership will pose.

We recognise that each individual family has its own unique philanthropic priorities and interests. We therefore offer specialist advice that is shaped to each family’s specific requirements. The Cripps Life team will have collaborative discussions with you to help you define your aspirations and philanthropic objectives both for now and for the next generation. Our solutions are also carefully structured to be tax efficient and will take into account your family’s wealth management and wider succession planning strategies.

We can advise on the creation and operation of family charitable foundations (for example, charitable trusts and other forms of incorporated charities) and also other types of entrepreneurial entities (such as family investment companies, B Corporations and community interest companies). We can also advise on social enterprises that can be used as a part of an overarching philanthropy strategy to advance your family’s objectives.  In addition, we can develop robust governance structures, clear public benefit impact reporting mechanisms, as well as detailed ethical and social investment policies designed in accordance with the family’s beliefs. Through these, you can be confident that your hard-earned wealth is truly delivering benefit to others.

We can also prepare and implement formal Corporate Social Responsibility (CSR) strategies and corporate charitable foundations for family businesses to ensure that your philanthropic strategy is applied with consistency across the family’s business activities.

Ultimately, your Cripps Life team will work to ensure that whatever philanthropic strategy is adopted, it advances your family’s objectives in the most effective way possible while also maximising social impact.

Areas where we can help:

  • CSR strategies
  • Formation of Charities and Foundations
  • Socially responsible investing
  • Social and other non-profit driven enterprises

Key contacts

Looking for something else?

If you have questions we haven’t answered here, please contact one of the team for a no-obligation, initial conversation and we can take the first step in achieving your goals.