This paper presents and analyses 5 different approaches to philanthropy: Checkbook philanthropy, Responsive funders, Venture philanthropy, Results-based philanthropy, Collaborative funders. Each approach can be "strategic" depending on your aims. The essence of strategy lies in understanding your unique advantages as a funder prior to taking action–your resources, interests, networks, expertise and skills.
Resource Search
This article provides guidance in the light of new IRS rules on the boundaries between legitimate business vs. pure entertainment use of a private jet. Preventing abuse is important in avoiding excessive tax liabilities since when aircraft use is "entertainment," the company loses its ability to deduct (by disallowance) some aircraft ownership and use costs.
Charities are making a crucial contribution to tackling environmental problems, as pioneers, leaders, managers and guardians. They flag up vital issues, produce ground-breaking research and reports, and develop and implement innovative solutions. Much of this work leads to policy action by governments, and changes in business practices and consumer behaviour. Charities also encourage and foster a willingness to protect and care for the environment at all levels of society.
This report analyses how to maximize charitable dollars through donations of appreciated stocks and mutual funds.
The author, a 4th generation heir to the Carnation fortune, maps out a framework for effective long-term wealth management. The principles apply equally well whether you're managing a nest egg of $1 million or $1 billion. They apply regardless of time horizon and family complexity, and they apply whether your ambitions are aggressive or conservative.
While flawed thinking about risk can cause consumers to make decisions they like at the time, they may end up with poorer health prospects and more financial risk than if they had followed a model known as "expected utility maximization," according to Mark V. Pauly, Wharton professor of health care.
New tax regulations from the Internal Revenue Service should have companies reviewing their business aircraft ownership structure and operations, according to a report from the law firm Wiley Rein. Depending on how this structure is set up, companies may find themselves subject to federal excise taxes on air transportation beginning January 1.
This report decsribes how wealth management firms can boost their performance by improving sales force productivity, redefining the role of the team leader, and managing and developing human assets. The report also highlights a full range of levers that can improve organic growth.
A guide to minimizing the after-tax proceeds from the sale of a family business. According to the article, legal exit preparations involve a 3-step process: due diligence investigations (i.e., public searches, review of minute books and key contracts, etc.); identify any 'skeletons' and consider what options exist to remedy or neutralize them; finally, create and implement a plan to manage these skeletons.
As a collector of fine art, you are more than just the owner of your valuable items – you're also the caretaker. Purchasing valuable articles coverage is one of the best ways to help protect your investment. However, there are several preventative and maintenance steps you should take to both properly care for and help prevent damage or loss to your fine arts collection.