Director of Communications Reading time: 5 minutes
Every year, thousands of individuals and organisations consider embarking on a philanthropic project. But how do you go about structuring a philanthropic approach that is effective, sustainable and truly useful?
A philanthropic project is a voluntary, structured, non-profit initiative designed to support the general interest. It can take the form of a donation to a foundation, the creation of an endowment fund, or a donation to a body recognised as being in the public interest. This type of project differs from a one-off donation in that it has a long-term vision, clear governance and a measurable impact.
More and more philanthropists today want to build a personalised philanthropic project that is meaningful, aligned with their personal values and supported by rigorous expertise. At Mieux Donner, we support these initiatives by offering independent, data-driven support to direct resources towards the most effective causes.
It’s only human to want to get involved in a cause that moves us. However, a rigorous philanthropic approach sometimes requires us to use our feelings as a basis and then try to respond in the best possible way to real needs.
At Better Giving, we encourage an evidence-based approach. We help donors move from good intentions to a coherent philanthropic strategy based on :
This approach enables us to avoid bias and concentrate our sponsorship where it generates the most social value.
Structuring your action is essential if you are to move from a desire to a genuine philanthropic project. There are several options, depending on your commitment and your financial situation:
It is a flexible structure, suited to medium-sized assets or family projects, and offers tax advantages, particularly in terms of income tax or IFI (impôt sur la fortune immobilière) reductions.
More cumbersome to create, but with a strong legitimacy, it is ideal for large projects with a high level of funding and ambitious objectives.
Allows you to be hosted by an existing organisation (e.g. Fondation de France, Fondation pour la Recherche Médicale) while benefiting from expert support and the visibility of the host organisation.
Whatever your choice, Mieux Donner can help you structure your thinking and ask the right questions to create a solid, sustainable philanthropic project.
Building an effective philanthropic approach involves a number of key stages, often used in philanthropic consulting:
Players such as PhilanTech and the Fondation de France emphasise the importance of this structured method in guaranteeing sustainability and relevance.
A good philanthropic project often relies on an ecosystem of partners: philanthropic advisers, private banks, host foundations, legal experts and sponsorship experts.
Institutions such as Société Générale Private Banking or Louvre Banque Privée offer integrated management: legal structuring, donation strategy, tax optimisation, management of non-profit assets (e.g. property donated or made available).
But beyond the technical aspects, the most important thing is to unite people around your project, to ensure clarity and to maintain a high level of transparency.
Without measurement, there can be no progress. A high-impact philanthropic project must be accompanied by regular evaluation, with both quantitative and qualitative indicators.
At Mieux Donner, we work with partners such as GiveWell and Giving Green, who select the best performing organisations according to strict social utility criteria.
Evaluation also helps to :
A philanthropic project can also be part of a family transmission or intergenerational commitment. It then becomes an opportunity to share your convictions, involve your nearest and dearest, and even direct part of your assets towards the common good.
Today, more and more philanthropists are opting for partial or temporary donations of assets to non-profit organisations, or even committing their real estate assets with a view to making a long-term impact.
At Mieux Donner, we offer you:
– Free, independent and rigorous support
–A selection of associations with measurable impact, resulting from independent evaluations, as well as tailor-made opportunities
– A methodology based on social sciences, cost-benefit analysis and public interest
Whether you’re thinking of making a donation, creating an endowment fund, or simply reflecting on your philanthropic commitment, we can help you structure a coherent, effective action that is true to your personal values.
Making a donation is important. Structuring an enlightened philanthropic action means making a lasting difference to the world.