As you embark on your personal philanthropic journey it is exciting to think about the many options you have for creating change. There are so many ways of finding what you want to support, and how to then implement that support. Some of the tools we cover below will seem familiar while others are new and reflect the dynamic world we are exploring.

The world of philanthropy is constantly evolving and adjusting to new challenges as well as the new opportunities offered by technology in particular. Consider the possibilities of AI, robotics and blockchain, for example. This is a key moment for you to think through and reflect upon which approaches best align with or fulfill your vision, and those that can accelerate change and direct resources not only to, but with, communities.

When weighing what form – or vehicle – would best realize their philanthropic vision and tactical steps, funders must consider the many implications of different vehicles for giving. As an early step in this process, you may want to ask yourself the following questions:

  • What impact do I want to have and how?
  • Will I be working solo, or with family members or other philanthropic partners?
  • How public do I want my giving to be?
  • What time horizon do I have in mind for my giving?
  • Will I have a close or hands-off relationship with grantees and communities?

As philanthropy continues to evolve and grow, you have an even more diverse menu of options when it comes to choosing tools and vehicles for giving. From traditional foundations to new forms of impact investing, donors today have more choices than ever before. However, with so many options available it can be challenging for you to navigate the landscape and choose the right vehicle for your giving.

It's important for donors to keep in mind that finding experts is just the first step. You should approach your interactions with experts with an open mind, listen actively to their insights and recommendations, and look for opportunities to collaborate with and learn from them.

Understanding the options available will allow you to make informed decisions about how to structure your philanthropy and achieve your desired impact.

Some of the options we will explore: 

  • Donor-advised funds
  • Direct giving
  • Private grantmaking foundations
  • Private operating foundations
  • Fiscal sponsorship/intermediary
  • Charitable trusts
  • Family offices

Read the full PDF from Rockefeller Philanthropy Advisors.