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Philanthropic Advisory

Getting Started | Implementation & Operations | Engaging the Next Generation | Legacy Planning

Implementation & Operations

The level and scope of our work varies based on client needs and their desired level of engagement. We place a high priority on knowing our clients and remaining flexible. In all cases our work is tailored to the unique needs of the client, while at the same time it is informed by best practices in the field.

For those clients who choose to work with us in a holistic fashion, we offer an integrated solution to address their philanthropic, legal, and investment needs. For other clients, the scope of our engagement is more narrow. As an example, some clients engage us to serve as staff for their foundation, whether as Director, Program Officer, or Administrator, providing a range of program development, strategy, research, grant review, evaluations, and recommendations. Other clients engage us to focus exclusively on foundation administration and compliance, while they focus on grantmaking. In all cases, we work collaboratively with our in-house legal, tax, and investment teams, or with outside managers already in place.

Hemenway & Barnes provides a wide range of advisory services to keep your foundation running smoothly, such as:

Organization and Planning
  • Needs assessment and strategic planning to develop philanthropic focus areas and articulate values
  • Research and reporting on specific areas of client interest
  • Continuity planning for family philanthropy
  • Guidance on charitable giving trends
Governance and Compliance
  • Formation, application for exemption, and state and IRS filings and compliance oversight
  • Practical advice regarding roles and responsibilities of directors and trustees
Grant-Making Services
  • Solicitation of grant proposals in keeping with foundation guidelines
  • Proposal review and due diligence including site visits, legal and compliance analysis, and financial review
  • Preparation of meeting materials and grant recommendations
  • Grant analysis, monitoring, and evaluation to promote successful outcomes and maintain integrity of the foundation
Grant Administration
  • Negotiation and drafting of gift agreements for cash gifts and gifts of tangible and special assets
  • Recordkeeping and reporting on grant statistics and trends
  • Administration
Operations
  • Meeting planning and facilitation
  • Training for Trustees or next-generation board members
  • Program and administrative staffing
  • Executive search
  • Communications – developing publications, websites, and other public-facing materials
Financial Oversight
  • Investment management
  • Tax planning

Learn More About Our Services

Getting Started
For individuals and families new to giving, it can be challenging to sort through the wide range of charitable vehicles and discern which one works best for your desired outcome.
Engaging the Next Generation
We focus on next-generation planning in all aspects of our practice, fielding questions from clients about how best to engage their children or grandchildren in the practice of the family’s philanthropy.
Legacy Planning
Everyone defines their legacy in different ways. We work with clients to understand, shape, and preserve their definition of legacy for future generations.
How can we help your foundation?
Contact a member of our Philanthropic Strategies team today.
Contact Us