Philanthropy Advice Services

We understand that some clients may want to incorporate philanthropy in their financial plans, with the intention to create a lasting, positive impact on the world around them.

You may have a particular charity, organisation or social enterprise that you care about, to which you would like to make a lasting contribution for this generation and those that follow.

Our team of financial planners and other skilled professionals at Progeny will support you at every stage of your philanthropic journey. This includes helping you understand suitable causes, developing tailored investment strategies, establishing meaningful relationships with relevant organisations, and regularly appraising your activities. As your advisers, we are dedicated to helping you discover the right charities and effective methods to support causes close to your heart.

Chartered financial planners

Progeny Wealth’s Chartered status reflects our commitment to professional standards, ethics, investing in people, giving back to society and developing our profession—core values of our culture at Progeny.

Over 40 years of experience

With over 40 years of experience we offer unparalleled expertise and trusted guidance to help you achieve your financial goals confidently and effectively.

A combined approach to your finances

Combining guidance and support from Progeny’s Corporate Legal team, Private Legal team and Wealth Management team, we are able to provide truly holistic support.

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Get in touch to discuss your situations

Our Approach to Advising You

There are many ways that committed individuals can make a difference, from making grants and donations and investing in social enterprises, to establishing a donor-advised fund, charitable trust or foundation, or volunteering time and effort to aid your chosen cause.

If you would like to speak to our team of financial planners to discuss incorporating philanthropy in your financial plan, please do get in touch.

Initial Assessment

We begin by understanding your values, giving history, and philanthropic intentions.

Research & recommendations

Together we’ll develop a philanthropic strategy with you, identifying organisations and causes that align with your goals.

Start to Finish Managed Services

As part of our ongoing service, we will regularly appraise your philanthropic activities and adjust your strategy accordingly.

Frequently Asked Questions

What does a philanthropy advisor do?

A philanthropic advisor listens to donors’ charitable interests and priorities, collaborates to document and define an approach that meets their needs, and helps shape and clarify their ideas. This guidance assists individuals in transitioning from being generally charitable individuals to becoming intentional givers, translating aspirations into meaningful action.

What is the difference between a charity and philanthropy?

Charity offers immediate assistance to individuals in need, while philanthropy aims to address underlying issues and create lasting societal impact over time.

What should philanthropists look for in an advisor?

Philanthropists should seek a financial advisor who understands their charitable goals, offers tailored strategies aligned with their mission, and possesses expertise in philanthropic planning and ethical investing.

What benefits are there to philanthropy?

Giving back through charitable donations provides a sense of purpose and accomplishment, enhances personal values, and allows you to make a meaningful impact on individuals, groups, or communities. Additionally, your generosity can potentially reduce your tax liability.

Can Philanthropy reduce my Inheritance Tax (IHT) bill?

If you leave at least 10% of your estate to charity in your will, the rate of IHT on the rest of your estate may be reduced from 40% to 36%. This is known as the reduced rate of IHT.

Please note

This communication is not investment advice. The value of investments and income from them is not guaranteed, can fall, and you may get back less than you invested. Your capital is therefore always at risk. Past performance is not a guide to future performance. If you invest in currencies other than your own, fluctuations in currency value will mean that the value of your investment will move independently of the underlying asset.

The Financial Conduct Authority does not regulate income tax planning, will writing, trusts or inheritance tax planning.Tax treatment depends upon individual circumstances and is based on current UK tax legislation, that is subject to change at any time.