Donors have different goals, values and areas of interest. We can be your partners in philanthropy planning. This resource page may be helpful in laying out your thinking. We encourage you to use these ideas to adapt and shape what best fits you and your family.

Legacy philanthropy

Legacy philanthropy is much more than sending a check. It ensures your continuing support for causes you care about. It gives you the opportunity to carry on a tradition of family giving. Combined with estate planning, legacy giving can ensure that your resources accomplish both your financial and charitable goals. By partnering with The Foundation for Delaware County, you gain:

  • Permanence:
    The foundation’s trusteeship ensures that your contribution will continually meet needs relevant to your plan.
  • Commemoration:
    Your name or the name of a loved one can live on through your gift. Or, if you prefer, you may choose a name that reflects your fund’s charitable purpose.
  • Stewardship:
    The foundation’s Board of Directors, with guidance from its investment committee, staff and outside investment counsel, closely monitors the performance of professional investment managers. In addition, the foundation makes a full accounting to the community through its annual report, audit, and IRS Form 990.
  • Grantmaking Expertise:
    The foundation expertly assists in identifying charitable organizations and programs that address your particular interests and core values.

Six steps to guide your philanthropy planning

Step 1: Reflect on your values.

  • What are your family’s giving traditions, and how do they inform what matters to you?
  • What values do you want to pass on to your children?
  • Who are your charitable role models, and what do you admire about their giving?
  • How do you want to be remembered by your family and your community?
  • Do you want your giving to inspire others, or would you be more comfortable with keeping your charitable gifts anonymous?

Step 2: Consider how your philanthropy fits into your overall financial planning.

  • What timing works for you? Giving now? Giving from your estate? Some of each?
  • Have you decided how to divide your resources between your loved ones and the charitable legacy you want to leave?
  • Have you discussed your plans with your family / financial advisers?

Step 3: Think about the areas of interest you care about most.

  • What issues and causes are you most passionate about?
  • Where do you most want to have an impact? Locally? More broadly? Both?
  • How do you want to prioritize these causes / locales?
  • How do you want to measure the impact of your giving?

Step 4: Learn more about the options for structuring your philanthropy.

Step 5: Decide how you want to manage your philanthropic activities.

  • How hands-on do you want to be?
  • Do you receive requests from so many charities that it is a challenge to focus on your goals and priorities?
  • Do you want to assess needs and nonprofit effectiveness for yourself? Or would it be helpful to take advantage of others’ expertise?
  • How actively involved do you want to be in decisions about grants?
  • Do you want your children involved in decisions about grantmaking? Or will you want them to be in the future?
  • Do you have a family foundation that has become a chore to manage?

We can help

Our staff can work with you to develop a philanthropic plan that is tailored to your situation and priorities. We can help you decide if / when to set up a fund, leave a bequest, or use more than one option. In addition, we can consult with you / your financial advisers about which kinds of assets make most sense for you to contribute.

Let us be your resource in realizing your philanthropic goals. You can email Ellen Grill or call her at 610-744-1015.


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