Trust Point provides philanthropic services to a large and ever-growing number of public and private charities. Our work with private charities continues to expand as philanthropically minded families discover that establishing a family foundation allows them to achieve their charitable goals while also providing significant income- and estate-tax benefits.
Many of our clients have found that a family foundation is an excellent way to create a legacy and to support the charitable causes for which they care deeply. In most cases, our Wealth Management professionals handle the burden of administrative functions and investment management, while family members serving on the Board of Directors maintain control over the funds by making all of the grant decisions.
The functions commonly performed by Trust Point include, but are not limited to:
Trust Point can serve as either trustee or agent for charitable accounts, handling account administration, investment management, and tax compliance. Our Wealth Management team of trusted professionals shoulders all of the administrative and technical burdens so that clients experience only the joy—and the tax benefits—of charitable giving.
We also advise our Wealth Management clients about the most tax-efficient strategies to accomplish their goals for charitable giving. These might include: