Advantages of working with FGM
Simplicity and flexibility
We will help you create a fund that suits your philanthropic goals and your financial situation. We’ll take care of the management and administration of the fund, from investing assets to distributing income.
Effectiveness and impact
Your donation will be administered by professionals, thereby generating competitive returns. You will benefit from significant tax advantages and reduced administrative costs. Our team’s expertise will help you target the causes, sectors or organizations that will maximize the impact of your gift in the community.
A donation that will last
Your commitment will live on, because the capital in the endowment funds is protected in perpetuity. Only the income will be distributed to the chosen charitable organizations. This basic principle will make it possible for your fund to distribute its initial capital many times over, through the years and decades.
We also offer the option of creating a philanthropic fund with encroachment on the capital, or a term-limited fund with a predetermined distribution. With timeframes ranging from a year to perpetuity, the decision is yours.
Real impact
With our deep roots in the community, we are able to identify the issues and challenges that need to be addressed. We can assist you in choosing the organization or sector where you can have the greatest impact for the cause that matters the most to you. You can be secure in the knowledge that your donation will directly contribute to meeting the most vital needs in our community.
If you have questions, or wish to have a discussion about the creation of a fund or how FGM can support your philanthropic project, contact us today!
Types of funds
FGM offers you a great deal of flexibility. We have a range of funds that allow you to allocate the income generated by your donation in the most effective way possible.
- Unrestricted fund. You delegate to FGM the task of determining the major issues that your will fund will act on, and of keeping track of the changing needs in each of the relevant sectors. In that way, you can be sure that your contribution will benefit the community in an optimal way.
- Sectorial fund. You wish to support a cause that is close to your heart, but you don’t know the ecosystem of organizations that surround it well enough? The sectorial fund is for you. Following your general instructions, FGM’s team of experts will pick the individual beneficiaries that are best positioned to have a positive and lasting impact on your cause.
- Donor-advised fund. Each year, you recommend to FGM the organizations or sectors that you would like to receive income from your fund. You can make these recommendations yourself, or name a family member or an advisory committee to do so.
- Donor-designated fund. You specifically recommend the charitable organization or organizations that will benefit from the income generated by your fund. Nonprofits and charities can create their own auto-designated fund to create a new income stream they can then use to support their mission or activities.