Generosity Family Office.

Attending to the Every Need of Our Families

The Generosity Institute Family Office is a primary funding vehicle for our university-affiliated centers of excellence and their studies on giving excellence in specific fields.  Sixty percent (60%) of professional team fees (not family assets) earned through the Generosity Family Office go to non-profit study and scholarship initiatives through these affiliated university and college initiatives.

What Is A Family Office?

A family office is a privately held enterprise that attends to the every financial and charitable need of a wealthy household through the use of trusted advisors in banking, tax, legal, and other matters.  Select family offices also make travel arrangements, manage property and household staff, nurture family through education and career initiatives, oversee health and medical affairs, and orchestrate philanthropy and succession planning.

The ultimate objective of the family office is to preserve and grow wealth for a family or group of families, enabling them to leave an impactful legacy for succeeding generations.

Types of Family Office

There are four primary types of family office:

·         Single-member family office

·         Multi-member family office

·         Corporate member family office

·         Hybrid member family office

Our Generosity Institute Family Office is a hybrid member family office. We are a for-profit entity operated through our parent company, Cannon & Caius LLC, and we donate a majority of our fees to non-profit institutions. Our parent company pays for all taxes for the Family Office.

The History of Family Offices

The John D. Rockefeller family is credited with creating the first family office to manage their wealth in the late 1800s.  Many of America’s wealthiest families followed suit in the decades after.  As a result, family offices are highly effective tools for wealth and charitable management today.

How Do Family Offices Preserve & Generate Wealth

Family offices, on behalf of and in coordination with their clients, often invest in private equity and venture capital opportunities, commercial and personal real estate, participate in hedge funds, and public-private partnerships that meet their family’s risk and return objectives.  The professional staff in these family offices are compensated based on a pre-approved fee schedule generated by their stewardship of the family office on behalf of the family or families.

The Generosity Family Office

Our family office is a hybrid, consisting of several affiliated families that benefit from the consolidation and centralization of our core services on their behalf. Our family membership and their activities are confidential at all times, and our discretion regarding their privacy and protection is absolute and non-negotiable.

Our services are organized around the core offerings: Family, Operational, and Strategic.

Family Services Include:

• Governance

Family Council

Family Meetings

Family Personal Tasks (Such as vacations, travel, leisure, health & medical care)

• Generational Values

Training & Education

Smooth Life

• Legacy

Legacy Protection

Succession Planning

Multi-Generational Matters

Operational Services Include:

•  Trust & Corporate Services

Trust & Corporate Administration and Oversight

Enterprise Excellence

• Wealth Management

Bill Paying

Accounting

Consolidated Reporting

• Legal & Compliance

Personal & Business Structures

Taxes, Agreements, Contracts, Mergers and Acquisitions

Labor, Employment & Dispute Resolution

Insurance & Risk Management

Strategic Services Include:

•  Tax & Estate Planning

Wills & Bequests

Enterprise Excellence

• Wealth Advisory

Asset Allocation & Investment Strategy

Special Assets

Personal & Intellectual Property

• Philanthropy

Strategic Generosity

Planned Giving

Philanthropic Investments & Gift Assurance

Public-Private-Philanthropic Partnerships