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A small consulting firm can provide tailor-made services.
The consultant can help the board find connections between what they want
to do and ways to help them do it.
National Center for Family Philanthropy "Resources for
Family Philanthropy: Finding the Best People, Advice and Support." 1999
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Why Use LKM
Because Your Time is Valuable
When LKM manages your foundation, the time you spend on your philanthropy
is more productive and satisfying. With LKM, you know:
- Your foundation is operating in full compliance with the law
- Your grants are being used in the way you intended to benefit the
issues you care about
- Your philanthropic investments are being evaluated and you know the
results of your giving
Because LKM Provides All You Need
- LKM offers a simple, complete management solution for private foundations.
We are your office and your staff, always available to answer questions,
staff the board of directors, respond to grantees, evaluate requests
and research issues.
Because with LKM You Gain
- Better Control of Overhead Costs: LKM
provides all you need for managing your foundation. Our annual fee qualifies
as a charitable administrative expense payable from within the minimum
annual distribution of the foundation if you so choose.
- Strengthened Grant-Making Impact: LKM's
experienced professionals help you craft your goals, develop relationships
with grantees and monitor the performance of each grant to be sure that
the foundation's dollars are being used with maximum impact.
- Reduced Legal Risk: LKM's clients have
no exposure to worker's compensation, unemployment or wrongful discharge
claims because the foundation has no employees.
- Assured Compliance with Regulatory Bodies: LKM prepares
all required Federal and State filings.
- Increased Privacy and Security: LKM assures compliance
with IRS rules for increased disclosure while maintaining clients’
privacy and security. LKM increases clients’ responsiveness to
grantseekers while shielding them from inappropriate requests for support.
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