Creating a private charity

Private charities allow high net worth individuals to provide flexibility and control over their charitable donations whilst also engaging their families in philanthropy, enabling the family to leave a legacy and provide benefits to society as a whole.

This fact sheet provides insight into creating a private charity alongside the benefits for both the charity and the family. We cover:

• What a private charity is
• How to register
• Structures of charitable organisations
• Timings and costs to consider
• The advantages of creating a private charity
• The financial benefits for both the charity and the individual.

For support setting up a private charity and advice on how you can capitalise on the tax advantages, contact Simon Hosier or Richard Kleiner today.