As the world becomes increasingly interconnected, more families of wealth want to make an impact globally through their philanthropy and investments. This is greatly needed, as we humans and our planet are facing some of the most complex humanitarian crises of our time.
Some family offices and funders shy away from international philanthropy. While cross-border giving does come with a few challenges, the impact far outweighs the work.
There are many reasons to give internationally, and the most compelling is this: international giving allows donors to achieve more with less. Small grants and donations have a proportionately larger impact when given overseas to a developing country.
If you or your family office or fund is considering an international philanthropy strategy, I have something new for you: Global Philanthropy: A Family Office Guide to International Giving is the fourth of our EngagedPhilanthropy™ series available for family office leaders and philanthropists (both U.S. and international). In this guide, you will learn the 8 Tips for Global Philanthropy, and find answers to these questions:
- How can we get started in international giving?
- What are the challenges of funding across borders?
- What are the best ways to learn about, vet, and build relationships with partners abroad?
- What best practices do international donors and NGOs recommend?
I hope you enjoy this toolkit—my gift to you—and that it sparks rich conversations within your family or the families you serve. I would love to hear your thoughts and ideas. Drop me a line at Suzanne@SuzanneHammer.com.