Older black couple look ahead

Foundation & Endowment Services

Many of our clients have philanthropic inclinations, giving significantly of their time and their wealth. Some use trusts and estate planning techniques to achieve their giving objectives, while others form private foundations to support their charitable objectives during their lifetimes. Many of our clients also participate on the boards of not-for-profit organizations with substantial endowment funds.

In alignment with our client’s participation with charitable organizations, Perkins Coie Trust Company also delivers services to private foundations and endowment funds. These services include:

  • Investment management – support in development of investment policy and spending strategy, portfolio construction and performance monitoring
  • Administrative support – custodial and recordkeeping services, gift and grant processing, and coordination with accountants on tax returns and audits
  • Legal services – donor gifting strategies, board governance and legal compliance counseling, and assistance with IRS rulings

Baby Boomers & Next Generation Wealth

45 %

Affluent Baby Boomers

Don’t consider it important to pass wealth to the next generation

33 %

Affluent Baby Boomers

Prefer to leave money to charity

“2012 Insights on Wealth and Worth,” US Trust survey

Worth Knowing

Seventy-six percent of wealthy Generation X clients are satisfied with their financial professional. Fifty-four percent of millennials are likely to move their assets if their provider lacks the digital tools they desire.

Source: Cerulli Associates

Cash Flow Planning

Retired couple in their early 70s living off of income from social security, teacher’s pension and sizeable IRA account…