Benefactory - Philanthropic Advisors
Benefactory - Philanthropic Advisors
About Us Services Our Approach Resources For Advisors Contact Us Home
For Advisors


Mally Cox-Chapman
Known nationally for her work in philanthropy, Mally Cox-Chapman takes an individual approach to advising clients.
More

Private Foundations and Charitable Trusts
Effective family philanthropy comes out of careful planning, good governance, meticulous administration, and sound advice.
Private Foundations and Charitable Trusts

Mally Cox-Chapman


Starting the Philanthropy Conversation

As a financial advisor, you have multiple options for getting the philanthropic conversation going. If you are uncomfortable having the conversation yourself, you can refer your client to a Benefactory advisor, whose skills are to help your client articulate philanthropic goals.

As a starting off point, consider asking the questions that you believe will illuminate your client's values. The following are two of the 22 questions that a Benefactory advisor would ask, and you are free to use:

  • Please list your five most meaningful donations. These will probably be the biggest ones, but that is not necessarily so. Please rank each of the donations from 1 to 5, 5 being the highest, for the satisfaction each donation gave you. Satisfaction comes from creating impact in your community and/or joy to you and your family.
  • Do you have any debts of gratitude to pay?

A Benefactory advisor can help your client articulate goals and also educate your client as to the pros and cons of different charitable instruments. She/he can help your client do an environmental scan of the client's fields of interests to find appropriate non-profits. Then, as a client's interest in philanthropy sharpens, a private foundation that you manage might be the next step. Or, philanthropic estate planning might be the outcome. In either case, your client will appreciate that you have helped him/her get the process started.

Case Study
A financial advisor recently recommended that Benefactory work with a client in the Midwest, as the client had been talking for years about the need for a family foundation. The trustees flew in from all over the country for a two-day meeting facilitated by Mally.  Towards the end, the trustees were talking about who should manage the money. The financial advisor was mentioned as “the one who got us Mally,” and the family decided that he should get the account. The foundation assets represent 3 million new dollars under management for that advisor. Even as I was writing this article, I mulled over the different teams and their rolex replica sale and daydreamed about someday entering. While I may never have the chance to rolex replica uk in the race or to own one of these pretty watches, it sure is fun to think about. Moonphases for example loads of people here like them, but what for many people is the point except to avoid rolex submariner replica at certain times of the month, unless your faith goes by the lunar year. I use to rado replica and found that anytime needed to do something that required timing, i found my second hand worked just fine. When cooking a steak there are a few variables. Sometimes, I put some sparerips on my grill, but a few weeks ago, I had some rips, I could take away the replica watches with my fork, so tender. How do they do that. On the same token, you can also tell time both on board the replica watches sale and on your smartphone.






  Website Design : FATHOM