At Hemlock Financial Group one of the ways we help clients achieve their goals of both minimizing their tax liability is implementing a Charitable Holding Company strategy. This strategy allows our clients to meet their philanthropic goals while minimizing their tax liability. 

In recent years the Charitable Holding Company Structure has contributed to a change in the philanthropic landscape after Mark Zukerberg was reported by the New York times, in 2015, to be managing his philanthropic giving through a more flexible LLC. In addition to the flexibility provided by the LLC our clients are also able to create a partnership with the causes they care about most. 

Additionally, our group will support clients setting up a charitable holding company that allows them to both minimize their tax liability, give to the charity of their choice with ongoing support while maximizing the value of the assets for the charity and our clients. The flexibility of the LLC allows our clients to contribute either cash or other assets including equity in their business depending on how they would like to support their charity and what is most advantageous to minimizing their financial liability and meeting their financial goals. 

If a Charitable Holding Company might be a good fit to support your financial and philanthropic goals please contact us for a consultation.