Finding the Right Philanthropic Approach for Your Family

Philanthropy is a powerful way for families to connect, align around shared values, and create lasting impact. It is, as Balentine’s Family and Legacy Consultant Mitchell Spearman describes, “a playground for families”—a space to learn, grow, and make financial decisions together in a way that feels meaningful rather than overwhelming. Yet, while every family can benefit from philanthropy, the right approach will look different for each one. The key is to determine which philanthropic tool best aligns with your family’s values, goals, and level of involvement.

From Donor Advised Funds (DAFs) that provide flexibility and tax benefits, to private family foundations that allow for structured, long-term giving, to simple check writing and even impact investing, the options are vast. Some families may prefer the ease and immediacy of direct donations, while others may seek a more hands-on role in directing their giving. Regardless of the approach, what matters most is intentionality—ensuring that your giving is aligned with the impact you want to create.

At Balentine, we believe that philanthropy is not just about giving; it is about shaping your family’s legacy and reinforcing the values that define you. Our Philanthropy Action Guide is designed to help you navigate the complexities of giving and choose the approach that best fits your family’s needs. We encourage you to start the conversation today—explore your options, engage every generation in the discussion, and connect with your Relationship Manager to craft a philanthropic strategy that is both effective and deeply meaningful. The way you give is as important as what you give, and with the right tools, your family’s generosity can have an impact that lasts for generations.

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