Getting started with philanthropic planning
Getting started with philanthropic planning
With strategic philanthropy, it's important to first determine a cause or purpose you or your loved ones want to gather around. Supporting a specific cause allows you to focus your time and your money. So how do you go about finding your cause? Senior wealth strategists Theresa Marx and Beth Mayfield share an approach to identifying your philanthropic cause.
A path to achieving a philanthropic goal must be actionable, yet flexible. When determining your philanthropic path, its important to articulate what you want your shared philanthropic venture to look like, and map out the steps to get there. So how do you develop that path? Senior wealth strategists Theresa Marx and Beth Mayfield share three steps that are often involved in the process once you’ve identified your philanthropic cause.