Promoting Philanthropy in Wales

The Community Foundation in Wales held a drinks reception at the Cardiff and County Club in association with Cheviot Asset Management to support professional advisors in Cardiff to offer philanthropy advice to their clients. Guests included Foundation President Sir Norman Lloyd-Edwards, speaker David Stevens, and partners from many solicitors and accountants in Cardiff and South Wales.

Alun Evans of Cheviot Asset Management said, “We are very proud to be associated with the Community Foundation in Wales. It is a marvellous conduit for philanthropy, allowing our clients to be as much, or as little, involved as they wish, and benefiting a range of charities and community groups in Wales. The Foundation is perfectly placed to act as trusted advisors to our clients, ensuring that their money remains in the Principality.” Antony Lewis, Chairman of the Community Foundation in Wales explained, “In this economic climate our work is more important than ever. Our clients want to know that their charitable giving is being directed in line with their wishes, following robust due diligence and monitoring protocols. They appreciate the Foundation’s role as a trusted advisor in providing services of philanthropy advice, grants management and Fund investment. They also want to know that, along with the community of philanthropists with which we work, their giving is making a lasting difference.”

In the past year, The Community Foundation in Wales has been responsible for distributing over £1.6 million of grants to communities in Wales, and its endowment has risen to over £5.5 million, thus ensuring future generations will stand to benefit from the goodwill of today’s philanthropists.