Many families arrive at philanthropy organically, whether it is through a cause that matters to one family member or a relationship with a particular organisation. Gradually a pattern of giving grows that has no governing framework around it. Without clear structure, philanthropic activity can become inconsistent and difficult to evaluate.
Lockmore Capital works with families to put a more considered framework in place, at whatever stage they have reached.
Defining Philanthropic Purpose
Facilitating the process through which a family articulates what they are trying to achieve through giving, resulting in a documented purpose that guides decision-making consistently over time.
Structures and Governance
Collaborating with advisers to identify the most appropriate structure for the family's giving, such as donor-advised funds, charitable foundations or organised grantmaking, and ensuring the governance around that structure is properly established from the outset.
Family Participation and Continuity
Helping families think through how philanthropic governance evolves across generations and how responsibility should be introduced to younger family members. We also determine how programmes are maintained with consistency as the leadership of them passes over time.
Oversight and Evaluation
Lockmore Capital provides independent oversight of philanthropic programmes, assessing whether giving is operating in line with the stated purpose and whether the organisations receiving support are being evaluated appropriately. We deliver regular reports detailing whether the programme continues to reflect the current priorities of the family.
Philanthropy within the broader framework
Lockmore Capital does not treat philanthropy as an activity disconnected from the rest of a family's wealth. Capital committed to giving affects allocation decisions. Philanthropic governance intersects with succession planning. The structures through which families give need to be legally and tax-efficiently integrated with how wealth is held overall, and Lockmore Capital ensures that connection is properly maintained.
Examples of Lockmore Capital's Charitable Partners
