Boutique firm targets aspiring philanthropists

Boutique firm targets aspiring philanthropists

Queensland multi-family office, EWM Group, has launched a specialist philanthropy offering, GivingSimple, as a vehicle for those wanting to engage in a planned giving approach but who have not had the means to or interest in establishing their own philanthropy structure.

EWM Group founder Brad Scott said the initiative will offer a purpose-made vehicle for those who wish to give back to the community.

“Donors can utilise the public ancillary fund available – GivingSimple Foundation (GSF) – to form their own “subfund” which can be named, tailored and operated to suit their own needs and giving strategy,” Mr Scott said.

“Their fund can then commit to a cause, represent a family legacy or signify a business philanthropic commitment.”

To meet growing client demand and to expand the philanthropic services offering to the wider community, EWM Group wanted to establish a discrete philanthropy advice offering, separate from the family office approach.

Following growing interest from clients, EWM Group established a dedicated philanthropic services division in 2014.

“It has become an important service to our clients as they wanted to engage more in their giving, but didn’t have the time or understanding of how to set up their own structure,” Mr Scott said.

Philanthropy adviser and GivingSimple manager Amanda Sartor said the program offers great many benefits, both for clients and the community.

“The best part of a subfund is the ability to make a tax-deductible donation now while providing the flexibility to physically distribute the money to charities over time,” he said.

“Establishing your own subfund is simple and can be as easy as naming the subfund, making a tax-deductible donation and then nominating your preferred charities each year.”

Boutique firm targets aspiring philanthropists
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