How we can support you and your clients
We work with a variety of HNW advisors, accountants, legal advisors and wealth managers to assist you to manage your client's philanthropy and enhance your relationship with them. Below we highlight the specific advantages of you and your clients working with The Good Works Company, but it may also be useful to read about the services we offer our clients.
← Look at how we support individuals with their philanthropic needs
We can satisfy their philanthropic needs
We appreciate that trying to manage your client's charitable giving can take up a lot of time: from processing payments to their chosen charities to chasing the charities themselves for confirmation so you can put their charitable giving against their tax at the end of the financial year. Instead you can work with your client to determine their charitable budget to maximise tax efficiency and donate this to The Good Works Company, where we will protect this in a Donor Advised Fund for free. Your client can then instruct us to donate to charitable activities at their leisure, even after the end of the tax year. The Good Works Company is a registered charity, meaning a receipt from us will ensure you have all you need for your client's tax purposes, and we can handle the rest. We can work with your clients to develop their philanthropy strategy, undertake due diligence and proactively research charities and projects which might appeal, and even contact the charity to process donations, anonymously if your wish. We also support our clients to donate internationally, whilst still getting full UK tax relief. You can relax knowing that your clients are getting expert philanthropic support and the highest level of care, whilst giving you everything you need for their tax purposes.
We can manage their existing Trusts and Foundations
If your client has an existing Trust or Foundation, or would like to set one up, creating and managing it can be a lot of work. Liaising with the Charity Commission and writing a constitution as well as the running of a Trust can be complex and time-consuming. Between reading and reviewing hundreds of applications, selecting the best ones to take to your client, being approached by charities for funding and requesting receipts for donations and an impact report the time can quickly add up. Instead, simply let The Good Works Company manage that for you, saving you time whilst improving your client's experience of their charitable giving.
We can provide opportunities for you and your clients to meet outside of the office and deepen your relationship
The Good Works Company is based upon building strong relationships with our clients, and we can help you strengthen your relationships too. From providing opportunities to join your clients on project visits, keeping you up to date about their charitable giving, inviting you and your client to events and briefings, we provide ways to get you both out of the office and talking about something you both have in common: supporting good causes. We also have a number of innovative ways to engage clients in our work, including involving their family in their philanthropy, Trusts for their children to take their first steps on their philanthropic journeys and next generational philanthropy, bringing a like-minded next generation together to discuss philanthropy and support projects through both funding and volunteering. Why not make your work easier and improve your client's experiences, and your relationship with them?
We make it easier to leave a charitable Legacy
From personal experience, we know that one of the few moments of solace after losing a loved one is fulfilling their charitable wishes as Executor of their Will. However, this can be fraught with complications, difficult for the Executor to find the right causes and it can be difficult and time-consuming to gather the receipts together for inheritance tax purposes. By your client simply naming The Good Works Company as the charitable beneficiary in their Will, their estate will receive the reduced inheritance tax rate and we will work with your clients, and their executors following their passing, to make their legacy as impactful and easy as possible. The gift is held in a Trust, giving you everything you need to process the rest of their estate, and gives their Executors the time and support they need to fulfil their loved ones wishes.
The Good Works Company can help you give your clients a more enjoyable experience of charitable giving
To find out about how else we can support you and your clients, please contact us.