managing philanthropy
what looks good today may not look good tomorrow
Zoe Leonard, Yellow, Pink, Blue Bundle, 2001/2006, dye-transfer print.
Philanthropy is complicated, often clouded by unrealistic expectations of economic (tax) values and potential social benefits. Art gifts may not be desirable nor readily accepted. Monetary gifts are equally complex.
Philanthropic giving is rarely a quick process. It is complicated by institutional preferences and policies and personal relationships. linn press are both strategic and pragmatic advisors. we provide experienced, balanced counsel and help leverage expert advice, where needed (for example, appraisers, attorneys, and accountants).
Philanthropy is often neglected in estate planning, and potential benefactors sometimes assume—erroneously—that the intentions in their last wills and testaments will be honored. This is not the always the case.
A gift with strings is not a gift, it’s a deal
Our advice is to gift to institutions.
Where their mission and objectives are most closely aligned with your values
Where your gift has the potential to make an incremental difference.
Where you expect little (or nothing) in return.
As philanthropic advisors, we have helped clients gift institutions from Boston, Canberra, Chicago, and Los Angeles to New York, Philadelphia, Saint Paul and Taos.