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Effective Structuring of Philanthropic Engagement

  • Alexander Koeberle-SchmidEmail author
Chapter

Abstract

Many wealthy families aspire to philanthropic engagement and the family office can serve as an organizational hub for those efforts. This chapter explains the potential options for establishing a foundation or trust, including a practical example. It also reviews the important questions that families should ask when conceptualizing or reviewing the performance of their engagement, including issues of good governance, proactive involvement, effective project management, potential exit strategies and the family’s desired level of involvement. Interview with sisters Nour Abou Adal & Maissa Abou Adal of Lebanon, both deeply involved with the philanthropic and impact investment portions of their family office.

Supplementary material

Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.KölnGermany

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