Our commitment to your nonprofit organization is to help you maximize its positive impact on the world, a mission that aligns with our goals at The August Wealth Management Group. Our specialized team analyzes your current spending and investment policies to identify the most effective methods of funding and governing your institution. We provide suggestions and necessary adjustments to achieve an optimal spending rate and balance between preserving assets and funding projected obligations.
Nonprofit Organizations
Making Connections
We assist your organization in establishing connections with the wider philanthropic community, enabling you to build effective partnerships with donors and other nonprofits that share common interests and philosophical objectives.
Raising Money
Our consultative services on fundraising, combined with specialized services, aim to assist your organization in building effective relationships with major donors.
Streamline Operations
We provide assistance in helping your staff understand the industry, evaluate operations, and enhance productivity, resulting in streamlined operations.
Donor-Advised Funds (DAF)
Donor advised funds allow a charity, such as a university or hospital, the opportunity to offer a DAF to its donor base without the cost of setting up and administering the program itself.
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We offer charities three different options for grant administration:
Closed Universe
Under this option, grants from a DAF account must be paid to a program associated with the account’s participating charity.
Open Architecture
Under this option, grants from a DAF account may be made to any qualifying organization. There is no requirement that any grant be made from the account to the participating charity.
50-50
Under the third option, a grant to an organization other than the participating charity will trigger an automatic grant in the same amount to said participating charity. Simply, half of the account ultimately must be payable to the participating charity while half is paid to another qualifying organization.
Picture-Perfect Client
While having ample financial resources is undoubtedly important for the flexibility and success of your financial plan, it is not the sole determinant of our potential for a fruitful partnership. At The August Wealth Management Group, we actively seek out clients and prospects who possess qualities such as ambition, drive, consistency, and open-mindedness. Whether your wealth is newly acquired or has been accumulated over multiple generations, we are committed to assessing your unique circumstances and providing customized solutions to protect and grow your assets, regardless of your demographic. Here are just a few of the groups that we serve.
