Philanthropy

Philanthropists are understandably always looking to structure their support of the arts in tax-efficient ways.
Our team helps clients find appropriate ways of using their wealth philanthropically, reflecting their personal interests, goals and circumstances, and reducing taxes to a minimum. This can involve supporting an existing charity or,  in some cases, establishing a new one.

We assist clients in setting up US qualified, UK qualified and dual UK/US qualified charitable structures to support the arts all over the world. We have pioneered use of the dual US/UK structure to ensure tax efficient giving by US individuals resident in the UK. We also advise on their ongoing compliance and operation, including the best ways to involve other family members in the charity. Some of these charities conceive and manage their own projects, while others make grants to support existing organizations in their arts-based work.

Recent Work

  • We advise American Friends of the Shanghai Museum, a US friends organization formed to assist in soliciting donations of art and other property to support Chinese Museums.
  • We advise the Pierre and Maria-Gaetana Matisse Foundation, a US private foundation formed from the collections of the late Pierre Matisse and his wife Tana to support the arts.
  • Planning and coordinating the creation of a charitable organization for a noted art collector.