Family Offices and Philanthropy: Home

Family offices today are devoting a greater share of time, resources, and wealth to philanthropy. In fact, charitable giving is one of the main ways many families and family offices define success, and it has also become more integrated into the family office investment and tax functions. Embracing best practices for the philanthropy function in the family office will help families amplify their philanthropic efforts, produce other intangible benefits, and strengthen the family’s charitable impact and desired legacy.

This report details a strategy for developing partnerships between Cardano Development (CD) and family offices (FOs). It provides an answer to the question: What is the best strategy for Cardano Development to develop partnerships with family offices in the United States and Europe? To this end, itincludes a market overview, a selection of family offices whose interests are aligned with CD’s mission and a route to market.

This publication is a starting point. It is designed to help wealthy families build on their current understanding of what a family office is, consider factors that have contributed to the success of other family offices, and formulate a plan that leads to the creation or revitalization of their own family office.

For your philanthropy to be both meaningful and effective, it is critical to understand why you want to give. Why you give matters just as much, if not more, than what you give. The why guides every aspect of your giving. It enlivens, inspires, and informs your philanthropy, infusing every action you take and decision you make with purpose and meaning. It makes what you do matter—for yourself, for your family, and for the communities and causes you support.

This primer is the first in a series of seven about the Family Giving Lifecycle. The Lifecycle framework (link below) is comprised of seven inflection points and orients donors toward effective outcomes at each stage.