Contents
Choosing the right chartered advisor in philanthropy can be a daunting task. There are many factors to consider and it is important to find someone who you can trust to help you navigate the philanthropic landscape. This blog post will explore some of the key factors to consider when choosing a chartered advisor in philanthropy.
Checkout this video:
Introduction
A chartered advisor in philanthropy® (CAP®) is a credentialed professional who possesses the experience, knowledge and commitment to help you achieve your charitable giving goals. CAPs work with individuals, families and businesses to design personalized philanthropic plans that align with their values and passions.
The CAP designation is awarded by The Chartered Advisor in Philanthropy® Foundation, an international nonprofit organization dedicated to providing education and resources that help people give more effectively.
What is a Chartered Advisor in Philanthropy®?
A Chartered Advisor in Philanthropy® (CAP®) is a credentialed professional who advises individual, family and corporate donors on charitable giving. CAPs are trained in philanthropic planning, which takes into account both financial and personal goals to create a comprehensive giving plan.
The CAP designation is awarded by the National Association of Charitable Gift Planners (NCGP) and is recognized by the IRS as a professional designation for tax purposes. CAPs must meet rigorous educational and experience requirements and adhere to a strict code of ethics.
There are approximately 1,200 CAPs nationwide who work with donors to help them achieve their charitable giving goals.
How to find the right Chartered Advisor in Philanthropy®
There are many factors to consider when choosing a Chartered Advisor in Philanthropy® (CAP®), and it is important to find someone who is a good fit for you and your philanthropic goals. Here are some tips on how to find the right CAP® for you:
1. Determine your philanthropic goals.Before you begin your search, it is important to have a clear understanding of your philanthropic goals. This will help you narrow your focus and choose a CAP® that is best suited to help you achieve your objectives.
2. Do your research.Once you know what you are looking for, take some time to research potential candidates. Ask for referrals from trusted friends, family, or financial advisors, and look for CAP®s who have experience with the type of philanthropy you are interested in pursuing.
3. Interview candidates.After you have narrowed down your list of potential CAP®s, set up meetings or phone calls to interview each one. This is an important step in getting to know each candidate and determining whether they are the right fit for you.
4. Make your decision.After interviewing multiple candidates, it is time to make a decision and choose the CAP® that is right for you. Be sure to communicate your expectations and objectives clearly so that everyone is on the same page from the start.
Conclusion
There are many things to consider when choosing a chartered advisor in philanthropy, but ultimately it comes down to finding someone you trust and who shares your values. The best way to find such an advisor is to ask around for recommendations, and then interview several candidates to find the best fit.
