Your Life Priorities: Philanthropy

Share more than your wealth — share your compassion.

Philanthropy can be as empowering for the giver as it is for the recipient. Not only does it allow us to engage with others in meaningful, life-changing ways, it can serve as the impetus that propels our children to be more empathetic and selfless adults.

Make philanthropy a centerpiece of your wealth plan.

For some families, considerable wealth unlocks a unique opportunity to make an even greater charitable impact through a private foundation. While more complex to administer, foundations provide a tremendous means of focusing your charitable efforts as well as engaging the next generation in supporting mission driven institutions. Our Foundations & Endowments Specialty Practice offers consultative strategic guidance on all aspects of establishing and administering your family foundation.
Learn More >

Add structure to simple charitable giving.

More and more individuals and families are turning to structured giving vehicles to help them better manage their philanthropy. From simple donor advised funds (DAFs) to charitable lead trusts (CLTs) and charitable remainder trusts (CRTs), there are a wide range of available options.
Learn More >

Types of Structured Giving

Method Features
Donor Advised Funds (DAF) Low cost solution that allows donors to receive an immediate tax deduction, but make charitable contributions over time.
Charitable Lead Trusts (CLT) Irrevocable trust where current income benefits a qualifying charity while non charitable beneficiaries receive the remainder after a specified period.
Charitable Remainder Trusts (CRT) Irrevocable trust where current income benefits a non charitable beneficiary while the qualifying charity receives the remainder after a specified period.

Articles and resources that can help you on your journey.

A socially responsible investing strategy considers your beliefs and values along with your financial returns. Learn more about this strategy, and see if it is right for you.


Read Full Article >

Which one is right for you?


Listen to Podcast >

Want to explore other Life Priorities?

Back to Life Priorities Overview Page >


SunTrust Bank and its affiliates and the directors, officers, employees and agents of SunTrust Bank and its affiliates (collectively, "SunTrust") are not permitted to give legal or tax advice. Clients of SunTrust should consult with their legal and tax advisors prior to entering into any financial transaction.

Find an Advisor near you.

Use our Advisor Finder Tool.

Find a Branch or ATM


Wealth Management Resource Center

  • 4 Questions to Consider Before Financing a Boat or RV

    Understanding the process when purchasing a boat or RV is essential. Here are some key considerations.

  • 7 Tips to Live an Active Retirement

    Retirement can be whatever you want it to be, as long as you start off on the right foot. Consider the following tips to achieve a surprising (and fulfilling) retirement.

  • When Retirement Happens Unexpectedly

    Nobody likes to think of being forced to leave a career unexpectedly. For a variety of reasons, though, it’s a possibility that needs to be acknowledged and for which to plan.

  • Generating Liquidity from Your Illiquid Assets

    If a sizable portion of your personal wealth remains tied up in your business, you’re likely taking on additional risk and putting pressure on your family’s cash flow situation. Here are two strategies that could help you generate much-needed liquidity.

  • Is Inflation Plus 5% Still Achievable?

    Many organizations adopt a primary investment objective of inflation plus their annual spending rate as a metric. But adhering to a particular rate of return may present challenges going forward.

  • Contact Us

      To speak with a Private Wealth Management advisor.