Legacy Financial Management Helps Charitable Groups Stay Financially Afloat In Uncertain Economic Times, New Tax Laws
Legacy Financial Management (LFM) is a full-service philanthropy management firm geared toward helping charitable organizations and family foundations. Its experienced staff, led by Paul Woldar, guides individuals through the process of setting up a not-for-profit entity, allowing them to take advantage of the tax benefits that are naturally given to such structures. By keeping fully abreast of the current tax laws and taking steps to shelter income or estate taxes, LFM can free that money that would have otherwise gone to the government toward your goal of philanthropy.
Mr. Woldar has more than 20 years experience on Wall Street in account management as a fixed income specialist. He uses his financial knowledge and background to help charitable groups retain as much funding as possible. In addition, Mr. Woldar is President of the Edwin & Shirley Woldar Foundation, a family foundation started by his parents.
Mr. Woldar is joined by Amy Warshaw, who has more than 10 years experience fundraising for the UJA Federation of New York. She is an active member of the Emerging Leaders and Philanthropists Strategic Council, sitting on both the executive board and on the board of trustees. Ms. Warshaw also involves herself in Israeli causes, as well as her campaigns to raise awareness about healthcare-related concerns in the U.S.
Besides offering financial guidance, LFM provides full accounting and reporting management, develops a public relations strategy while handling communication with all relevant parties on behalf of your foundation, and offers guidance to other professional support including legal, accounting and media.