For advisors
Paramount Impact is a 501(c)(3) public charity. Attorneys, tax advisors, financial advisors and family enterprise advisors introduce clients to us when a fund, project or gift needs a charitable home. We don't replace your relationship with your client.
Most families come to us with an attorney, a tax advisor, a financial advisor and often someone who already helps with the family business. We work with all of them from the start, and we don't save them for the end.
We're a public charity that can hold a donor-advised fund, sponsor a project, or help an existing foundation with grantmaking and reporting. The legal, tax, investment and family work stays with you. When you're part of the conversation about the gift, it's easier to finish and less likely to stall.
We don't pay referral fees, finder's fees or commissions, and we don't charge a fee on the balance held in a fund. Our fees are listed below and on the Fees page, and we'll go over them in our first conversation.
You stay the family's lawyer. We'll read the documents you draft, share sample bequest or beneficiary language if it helps, and fit a testamentary fund or charitable remainder trust to what you've already written. We won't swap in our forms for yours.
The return is yours. We provide gift acknowledgments, the donee portion of Form 8283 when we're the donee, and a clear record of what we received and when. If a client is thinking about a qualified charitable distribution, we'll make sure they know a QCD can't go to a donor-advised fund.
We handle gifts of securities and cash, and gifts timed to a sale or other liquidity event, all the time. We work with the custodian and with you. We copy you on material correspondence unless you ask us not to. We won't take over the investment relationship.
Some families already have someone who helps with the business, governance and the next generation. Giving fits naturally into that work. We'll join those meetings when the family asks, and we'll keep the fund or project in line with what the group has already decided.
You set the pace. Some advisors like a short call with us first. Others bring the family in once they know what they need, whether that's a fund, a project, a gift of stock, a bequest or help for a foundation that already exists.
We'll follow whatever communication preferences you set. By default we copy the referring advisor on material correspondence. If you'd like something different, just tell us. Documentation for your files comes as part of the work, including acknowledgments, transfer confirmations, Form 8283 donee parts and a 501(c)(3) letter.
Our fees are posted on one page: Ways to Give.
We'll talk when it suits you and work with both you and the family.
