- Posts by Julia Satti Cosentino
PartnerJulia Satti Cosentino is a partner in Nutter's Private Client Department and co-chair of the Nonprofit and Social Impact practice group. She is experienced in complex estate planning, tax planning, probate and trust ...
Foundations are effective vehicles for families who want to make a collective philanthropic impact now and for generations to come. Traditionally, foundations have achieved this impact solely through strategic grantmaking. A growing number of foundations are looking for ways to go further, however. These foundations seek strategies that will allow them to deploy their investment portfolios – in addition to grantmaking – to advance their charitable missions without hurting the value of their endowments long-term. One such strategy, using “mission-related investments” or MRIs, is trending in the press and at sector conferences, but most foundation directors and trustees have yet to jump on its bandwagon. New guidance from the IRS may change that.
In this philanthropic blog, the experienced attorneys in Nutter's Private Client and Nonprofit and Social Impact groups offer news and insights for individuals, couples and multi-generational families who are looking to convey wealth (and its responsibilities) to children and grandchildren, make a philanthropic impact in the community and prepare for the life events we all can face.
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Editor in Chief, Co-Chair, Nonprofit and Social Impact practice group
Chair, Tax Department and Co-Chair, Nonprofit and Social Impact practice group
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