Your Legacy is More Than Financial
We understand that an enduring legacy is not merely a financial goal. It's about what you leave behind and the difference your wealth and values have made in the next 100 years.
Leaving an effective, meaningful and lasting legacy through philanthropy takes thoughtful consideration and intensive, sophisticated planning and family discussion. Mirador can assist your family and team of trusted advisors in evaluating how a private foundation can help achieve your philanthropic goals. We can also guide existing families with private foundations to help maximize their impact and effectiveness and prepare the next generation for the successful administration of that foundation.
Establishing a Foundation
A private foundation can help ensure that your family's values, principles and wealth endure across generations. It can provide you with financial control over grants and donations and an opportunity to encourage philanthropic development and involvement in your family's next generation.
It also can serve as a useful tool for sharing your family's core values and sound decision-making with your children and grandchildren.
Mirador offers a complete solution for the creation, administration and management of private foundations. Once your foundation has been established, Mirador can assist with annual state and federal government filings, establishing grant-making expectations and schedules, procedures for applicant submission and review and more. Mirador can also assist with day-to-day foundation duties, including solicitation of grants, reviewing grant requests, reviewing the financial soundness of a nonprofit, site visits, award or declination notices, and publicity and recognition of a foundation's grant-making activities.
Saying No to Say Yes
Needs in communities can tax even the most generous donors and the largest foundations. Organizations often must say "No" to say "Yes" in order to maximize the impact of their giving. Having a strategic plan for your foundation's giving can be a useful tool in selecting charities that best fit your current goals.