CASE STUDIES · Intergenerational giving
Education and Wellbeing Fund
Fourth generation philanthropists: The power of family giving
A family group who set up a ‘board’ style DAF have donated over £1 million to youth educational and mental health projects.
Fund type
Donor Advised Fund
Amount raised/granted
£1,129,111
Years
2015 to present
Background
Growing up surrounded by philanthropic giving inspired this large extended family group to come together to support causes close to their heart. The focus of their giving is on education and mental health programmes.
Problem
When setting up the DAF, the group needed support to help them decide how best to run the fund, how to work with charities and the best strategic approaches to have the biggest impact.
As a large and busy group, it was important to them that this was as simple and straightforward as possible. In 2015 they set up a Donor Advised Fund to act as their own foundation, with all 10 family members sitting as members on the ‘board.’
“We couldn’t have done this without Prism’s unique administrative channel and their broad knowledge and experience of the charitable sector. Their efficient and expert handling of our grantmaking has made the process seamless, allowing us to direct funds where they’re needed most with confidence and ease. Prism’s team brings both professionalism and a personal touch, which has been invaluable on our giving journey.”
–– DAF Client
Impact
Ten years later, they have granted over £1 million to 25 impactful education and mental health organisations and charitable causes.
They funded the partnership between PAJES and The Place To Be in 2018 to improve teacher training in mental health and support services for children. Grants in 2018 and 2022 allowed Gesher School to fund an outdoor classroom and redevelop their therapeutic rooms, improving learning for neurodiverse pupils. In 2019 and 2023, they provided funds for teachers to develop their skills and to strengthen learning in schools via the Holocaust Education Trust. In 2020, funds supported exhibitions and learning at the Imperial War Museum. In 2023, they funded Art Therapies for Children allowing them to offer 35 more schools access to their services.
“As the first term draws to an end, we wish to thank you for providing our 3 pupils with support from Shiri, your art therapist. The children look forward to her visits on a Friday, and we have seen from previous work Shiri has carried out with pupils here, how much they have benefited from her sessions. We are grateful for the invaluable support you provide to these new pupils, each experiencing different crises.”
–– School taking part in Art Therapies for Children
Image Credits
3x Art work imaged provided by Art Therapies for Children, images of school children provided by Gesher School.
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