Philanthropy

Philanthropy is an integral part of the legacy many families want to leave through their family office. There are as many approaches and specific priorities as there are family offices — but there are also common themes, such as a focus on community, alignment with family values and an increased focus on governance.

Cayley Tull leads the Tullman Family Office’s innovative community ventures, which aim to address systemic issues through hands-on, philanthropic approaches like JumpHire (workforce development) and Let Music Fill My World (music education access). These ventures reflect the family’s broader mission to unlock human potential and create scalable solutions that promote economic and social well-being.

How to demystify the often-confusing world of charitable giving and help families match their values with the right philanthropic tools. David Torre offers a practical guide for anyone who wants to make a difference but isn’t sure how to start.

The family office plays a role in many families’ philanthropic endeavors. We asked several family members how their family office is involved in their charitable efforts, and we got family office experts to weigh in on how to think about the relationship between the family office and the family’s philanthropy.

John Michael (JM) Elder, president of the Wellspring Family Group, discusses how governance and wealth education within the family office help his family focus on their true passion: philanthropy.