I often find myself explaining what a philanthropic advisor does. People are always interested in the job, much for the same reason I love my work. After all, I get to help people change the world! While the philanthropic advising industry is not new, there aren't many people offering these types of services. In the US, there are more than 260,000 financial advisors available to help people make sounds financial investments, but there are fewer than 1,000 professionals available to help the public make wise philanthropic donations. That number is astonishing given that there are more than 1.5 million nonprofits in the US alone. So, what does a philanthropic advisor do?
Many of us have financial planners, investment or wealth advisors to guide us in our financial investments. Similarly, a philanthropic advisor helps you define your values and dreams for the world and build a philanthropic strategy for accomplishing those goals. At Social Good Strategies, we help you decide where your philanthropic investments should be made to create the intended impact. Together, we identify your values, draft a mission statement, and get clear on what success looks like to you. Then we help you identify philanthropic opportunities that align with your goals and values. We make sure you have the information you need to make sound philanthropic investment decisions and track your results.
Certainly, a philanthropic advisor isn't for everyone but philanthropic strategy should be. Whether you are giving away $1 thousand or $1 million, you should be thoughtful about the impact your money makes. A philanthropic advisor can help you be more effective in your giving. Read more about the services we offer here.