More than 700,000 households in America each hold at least $5 million in net worth. These newly affluent individuals increasingly want to channel some of this wealth to philanthropic causes. However, first-time serious involvement in philanthropy can be confusing. In our current economic atmosphere, not only are donors demanding more information about nonprofits, but they are also evaluating various mechanisms for giving. Should they start a giving circle? Pledge company stock? What programs should be funded? And how can the money be granted?
No matter what your charitable cause, the SP Turner Group can assist you with hands-on management of your philanthropy through a network of advisors, vendors, and institutions. We have worked closely with high net worth individuals, celebrities, publicists, fan clubs, legal teams, and financial advisors and can assist you in optimizing your philanthropic resources.
Some of our services
· Administration of your charitable efforts including reviewing and assessing grant-making requests; completing and filing reports
· Development of your charitable program goals (both long and short-term giving strategies)
· Development of a written strategic plan, formation of board of directors
· Development of a web presence including online donation capability
· Ongoing identification of budgetary and financial planning strategies
· Quarterly board meeting with corporate minutes
· Professional and friendly cooperation with your accountant, lawyer, business manager, fan club, publicist, etc.
· Filing of State forms and IRS 1023 forms to obtain exemption status
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