FAQ

Whom does InterAct for Change serve?

InterAct for Change works with anyone who is interested in making a real impact through active giving, including:

  • Individuals and families seeking to discover and activate their charitable vision for positive impact.

  • Corporate and private foundations benefiting from a strategic, advisory and administrative partner for their grantmaking, program design, administration, and evaluation.

  • Families desiring to implement strategies and techniques to engage the next generation in philanthropy.

  • Entrepreneurs and emerging philanthropists looking for a skills-based, hands-on approach to funding and solving complex social and human problems.

  • Individuals and nonprofits Individuals and nonprofits seeking a public charity as a philanthropic partner for their health focused restricted funds.

What is a Donor-Advised Philanthropic Fund?

A Donor-Advised Philanthropic Fund a tax-exempt vehicle for people who wish to control their charitable giving decisions over time without the formality of a private foundation.

How do I know what kind of philanthropy is right for me?

InterAct for Change Advisors work closely with you to uncover your passions for giving, as well any financial goals you may want to achieve through philanthropy. We help you design just the right solution so that you engage in a form of philanthropy that is meaningful and rewarding for you.

What is venture philanthropy and social entrepreneurship?

Both venture philanthropy and social entrepreneurship have been around for several years, but have become more popular in recent years, especially in some parts of the country. (In fact, some foundations have practiced venture philanthropy for decades.) While definitions vary, venture philanthropy typically is characterized by the giving of time, business skills, and money over a sustained period to achieve systemic change and measurable results. Social entrepreneurship usually involves helping nonprofits develop profit-generating activities.

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