How a DAF Can Help Global Families Streamline Their Giving

As families, businesses and communities become more globalised, so does charitable giving.

Understanding how to navigate international structures and complexities is increasingly important. NPT UK works with multi-generational families based across different jurisdictions who support a wide range of causes in all corners of the world—from locally-led charities to multinational organisations.

For your global family clients, here are three key advantages of having a DAF as part of their global wealth structure:

Streamlining global giving

Your clients can give to charities anywhere in the world with an NPT UK DAF, and they can have peace of mind for regulatory compliance.  NPT UK has expertise in cross-border giving, conducting due diligence on a wide variety of organisations and ensuring compliance with UK charitable law—thus reducing the administrative burden on donors.

Contributing global assets

Global family clients own and manage assets across various jurisdictions, many of which can be directed towards charitable causes. Your clients can contribute a range of assets to their DAF including cash, publicly traded securities, privately held stock, alternative investments, property, art, and bequests. NPT UK can also accept contributions from offshore trusts and other fiduciary structures, ensuring your clients’ charitable giving is both flexible and efficient.

Involving family members in other countries

Regardless of where your global family clients are based, the flexibility of a DAF makes it easy to involve children and other family members in giving decisions, allowing them to learn about how to achieve social impact through philanthropy. Your clients can also use a DAF to complement other giving structures the family may already have.  For example, previous generations may have established charitable trusts or foundations with specific causes or with a geographic focus that perhaps do not resonate with later generations.  With a DAF, a family can establish another giving vehicle to carry out additional complementary giving based on today’s priorities and ambitions.

To learn more about how a DAF can help your global family clients, please contact us.

About the Author

John Canady, CEO of National Philanthropic Trust UK, has 25 years of experience working across the business, nonprofit and government sectors. He specializes in creating and managing philanthropic funds for donors and family offices around the world who wish to base their philanthropy from the UK.