Monograph
Strategic Philanthropy
The Virtual Family Foundation
At Monograph, strategic philanthropy begins the same way as our family wealth experience: defining goals and opportunities. Our signature outcomes-oriented process enables philanthropists to concentrate on the key considerations of successful philanthropy.
Disclosures: The sole purpose of this material is to provide an overview of potential services. The services discussed are not intended to nor should be construed as a guarantee or assurance of future outcomes. The material is provided for informational purposes only and does not constitute tax, legal, or investment advice. Each client’s circumstances are unique, and outcomes will vary. If you have any questions, please contact Monograph at 310-496-7377. Please contact us for a copy of Monograph Form ADV Part 2A and 2B and Form CRS. The latest versions of these documents are available upon request at no cost to you.
The Philanthropist’s Challenge
The ultra-high net worth philanthropist is faced with many of the hazards that dominate the investment industry.
Specifically, philanthropists are often expected to prioritize returns and investment products relative to causes they want to support.
The result enables a portfolio that shapes the giving program as opposed to philanthropic mission defining the portfolio.
Our Virtual Family Foundation program is a complete solution for the family philanthropist.
Monograph’s Strategic Philanthropy seeks to address the following questions:
Do we intend to give in perpetuity or sunset the resources?
How much can we give each year?
What causes do we care most about?
To whom do we give?
Who (in our family) do we include in our giving process?
How do we invest to fund essential giving objectives vs discretionary?
How do we initiate and maintain communications with recipient charities to align our mission and theirs?
How do we incorporate legacy giving?
How does our giving plan fit into our broader wealth strategy?
Monograph’s Virtual Family Foundation (VFF) program strives to organize and focus your efforts and desired outcomes as you embark on the journey of being an effective philanthropist.
The VFF provides full customizability and flexibility at a fraction of the cost of an institutional foundation. The VFF operates parallel to and in tandem with the Virtual Family Office. Indeed, family philanthropy is an important component of broader wealth planning, incorporating considerations such as:
Selection of the appropriate charitable entity
Optimization of tax deductions
Asset selection to fund charitable objectives and optimize family investment plans
Timing of asset transfers and longevity of grantmaking
Asset allocation over time within the wealth plan
Inheritance and generational transfers
Strategies to integrate the next generation
An effective VFF can unify the family and create an enduring legacy for generations to come.
Virtual Family Program:
Monograph’s platform is uniquely suited for flexibility and resilience.
By aligning resources with mission, Monograph’s Virtual Family Foundation empowers the philanthropist to focus on their mission, strive for impact, and ultimately find peace of mind.
