An Exceptionally Generous Couple Who Needed a Plan

What we did

Over a year-long process of conversation and discovery, we recommended a list of five giving categories based on the McCormicks’ past giving and their wishes for the future direction of their philanthropy. Then, we brought out the scratch paper and helped them craft a mission statement to guide their strategy. Because the McCormicks worked with a team that included bookkeepers, financial advisors, and a household manager, we translated the completed giving plan into a highly visual, colorful poster that incorporated some of Ms. McCormick’s own artwork! The McCormicks pasted the visual reminder of their giving strategy to their fridge and shared it with the other professional advisors who helped to manage their wealth, ensuring everyone was on the same page about the McCormicks’ giving goals.

The Outcome

Today, the McCormicks are giving more of their inherited wealth away, but doing so in a way that is intentional and strategic. We have facilitated relationships between the McCormicks and leaders at organizations the couple supports in a substantial way. Those connections have allowed the McCormicks to gain a deeper understanding of the issues the organizations are addressing, and given them greater feelings of connection and joy in the organizations’ success,.

At Phīla, our commitment to creating effective, streamlined, and purpose-driven charitable solutions is not only a testament to our expertise but also a reflection of our dedication to ensuring our clients’ legacies leave a lasting, meaningful impact.