Foundations & Endowments

Overview

NH_scene.jpgFor generations, foundations, endowments and charitable trusts have sought our guidance and experience to help them accomplish their philanthropic mission. Hemenway Trust Company helps foundations develop and implement sound investment strategies and together with Hemenway & Barnes LLP, provides other key advisory services such as:

Financial Oversight

  • Investment management
  • Tax planning
  • Tax return preparation

Governance and Compliance

  • Formation, application for exemption and state and IRS compliance oversight
  • Advice regarding roles, responsibilities of directors and trustees
  • Gift structuring

Organization and Planning

  • Needs assessment and strategic planning to develop philanthropic focus areas
  • Research and reporting on specific areas of client interest
  • Continuity planning for family philanthropy
  • Guidance on charitable giving trends

Operations

  • Grants management
  • Meeting planning and facilitation
  • Training
  • Staffing – administrative support, professional development and, executive search
  • Communications

Many of Hemenway Trust Company’s professionals serve as directors and trustees of charitable organizations. This gives us valuable insight and deep understanding of the issues faced by our nonprofit clients.