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Capital Club

Charitable Structures and Considerations for Family Offices Engaging in Philanthropy with Dr. Sharilyn Hale

Ep. 252

How do we thoughtfully structure family philanthropy to maximize impact? In this episode of the Capital Club podcast, host Brian Adams interviews Dr. Sharilyn Hale, an expert on generational wealth, philanthropy, and governance. Sharilyn explains the landscape of philanthropy options today, best practices she sees amongst successfully generous families, common pitfalls to avoid, and how to partner with the right advisors.


Dr. Sharilyn Hale helps those who give, give well, engage their families, and channel their wealth and influence for good.  Leading philanthropists, multi-generational families, and social purpose organizations across North America and the Caribbean look to Sharilyn’s expertise in philanthropy, corporate and family governance, and community development to become more thoughtful and confident givers at a time when their generosity is needed more than ever.



[00:01 - 06:00] The Changing Face of Philanthropy

  • There are more options than ever to "do good" - from traditional charity to impact investing
  • Younger generations want alignment across investments, business practices, and philanthropy
  • For families, philanthropy builds capacity and brings them together


[06:01 - 14:43] Best Practices for High-Impact Giving and Good Governance

  • Communicate clear purpose in the family wealth space
  • Children are never too young for parents to talk about giving
  • Philanthropy conversations tie into broader family governance


[14:44 - 26:28] The Secrets of Successfully Generous Families

  • Craft an intentional dual mission for community and family and establish clear roles and responsibilities
  • Planting the seeds to the younger generation of how giving is a joyful act
  • Be thoughtful in your approach - there is no one-size-fits-all


[26:29 - 41:41] Taking Current Giving to the Next Level

  • Understand motivations, hesitations, and past experiences first then co-design a structure suited to family complexity
  • Lack of coordination across advisors risks missing key considerations
  • Advisors should be honest and families should be candid with their current status



Key Quote:


“Philanthropy has an important role to play in building bridges and to remind us all how we need each other. And society only works when we're all able to be there together and to be successful together.” - Dr. Sharilyn Hale



Connect with Dr. Sharilyn Hale!

Website: www.watermarkpc.com  

LinkedIn: https://www.linkedin.com/in/sharilynhale/ 


This episode is sponsored by Mack International, a specialized executive search and human capital consulting firm serving the family office/wealth management markets. Please visit their website here for more information.


Download our FREE Strategizing for Inflation Guide here: https://www.excelsiorgp.com/download/


Connect with me:

https://www.linkedin.com/in/brian-c-adams/ (LinkedIn)


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