• Services
  • Planning

    Increasing numbers of donors are recognizing the perils of perpetual foundations and endowment gifts and are returning to the principle of "giving while living" made famous by Andrew Carnegie and more recently adopted by Bill and Melinda Gates and Warren Buffett.

    For some, following such a principle with the majority of their assets carries little risk of outspending their resources, but for many donors, particularly those with less wealth, deciding on the right level of charitable giving and designing a "spend-down" program is not so easy. Moreover, wealth advisers and financial planners are not always experienced in structuring their recommendations toward responsible, but ambitious, lifetime giving programs that maximize the donors' involvement in philanthropy.

    DA•R•ES assists donors and their advisers with this planning process, ensuring that philanthropy is properly incorporated into the donors' overall wealth management strategy.