Philanthropic purpose
Explore the causes and forms of participation that matter to the family. Define the questions, decision-making roles and reporting needs to discuss with the relevant organizations and advisers.
FAMILY OFFICE SERVICES / 04
Private Affairs
Bring structure and thoughtful coordination to the projects, commitments and records that matter to the family.
THE PURPOSE
A clearer framework for the decisions ahead.
Personal affairs often involve several participants and long timelines. Clear responsibilities and organized information help a family keep these commitments connected to its values without losing sight of the practical work involved.
AREAS OF SUPPORT
What the work can include.
Records and family archives
Consider how important documents and family history are organized, who needs access and who is responsible for keeping information current. Establish clear boundaries around sharing.
Private project coordination
Set out the purpose, participants and key stages of a complex private project. Track agreed actions and identify decisions that require specialist input or family approval.
FAMILY PRIORITIES
When this may be useful.
- The family wants a more structured discussion about giving and participation.
- Records are dispersed across family members and advisers.
- A private project needs a clearer brief, responsibilities and follow-up.
WORKING TOGETHER
From discussion to an agreed plan.
Define the purpose and boundaries of the work first. Identify the information and people involved, agree access and responsibilities, then set out milestones and review points appropriate to the project.
Possible working documents
Depending on the project, outputs may include a philanthropic brief, an archive index and access framework, or a project plan with responsibilities and decision dates.
The scope, responsibilities and terms should be agreed before work begins. These examples describe areas for discussion, rather than a fixed package.