Philanthropy & Prescribed Private Funds

For families or individuals who either do not have future generations to pass on their wealth to or who have a desire to establish a structured and tax effective outcome to assist those less fortunate, Family Wealth Professionals are able to assist you in the areas of Philanthropy and Prescribed Private Funds.

Philanthropy can become one of the most satisfying parts of ones life.  It can involve grant making or a social investment whereas you give money, time, information, skills, influence and/or a voice.  Philanthropy can allow families to come together and future generations to learn your family values via your philanthropic activities.

Prescribed Private Funds’ (PPF) are a tax effective vehicle for families to establish a foundation.  The sole purpose of a PPF is to provide money, property or benefits to eligible funds, authorities or institutions.

Whether it be a structure that is established now or a Charitable Trust established under your Will, we at Family Wealth Professionals ensure your instructions are carried out in full.

In addition to assisting you in the area of Philanthropy or to establish a PPF, Family Wealth Professionals will provide ongoing support to ensure that the family remains compliant with Trust Law, Income Tax Assessment Act and the Trust Deed for the PPF.