Knowledge Center

Many Catholic philanthropists—whether they have a family foundation or not—have grappled with the question: how can I involve my family in philanthropy? This blog post discusses ideas on how to involve younger generations in family giving, incorporating examples from “The Next Generation of Catholic Philanthropists: Inspiration and Ideas for Engagement” from FADICA.

Tax benefits are, of course, an important consideration in philanthropic decisions. However, they are never the only relevant factor, especially for Catholic philanthropists who want to give in line with their values and make a faith-centered impact. Our guide can help point you in the right direction as you weigh year end giving options.

Funders and nonprofits need each other to do good. But sometimes, a harmful power dynamic can emerge and the relationship becomes unbalanced in the grantor’s favor. This can damage trust and close off future opportunities for good work, among other problems. How can you build a healthy partnership with the nonprofit organizations you financially support?

A thoughtfully crafted mission statement is like a compass. It guides decisions, redirects focus, and encourages everyone on the journey to stay the course. Every Catholic foundation needs a strong mission statement; learn why they matter and how to write yours.

Did you know a donor advised fund allows you to give to causes you care about in a strategic way while benefiting from tax deductions? Find out how donor advised funds work, how to set them up, and how they can be a useful instrument on your philanthropic journey.

If you’re looking for a more structured or strategic way to give, starting a private charitable foundation is a good option to consider. A private foundation can be established as a permanent philanthropic legacy or enduring structure for giving that can be passed down to your children.