Appointment of an independent professional trustee, as required for recognition as a public trust
Compass Trusts
The professional solution for managing philanthropic trusts
Public endowments with social purposes
A service by Keshet, serving as a professional public benefit trustee and ensuring careful planning and optimal long term management of philanthropic activity at the trustee table. Compass Trusts operates alongside the family and with its involvement, in coordination with the professional advisors supporting it, in order to preserve the founding values and vision and to ensure sustained social impact. The service is delivered as an independent professional partner, without commercial interests and not for profit, acting solely for the benefit of the public and the social sector.
The Challenge
Many families in Israel invest significant resources in planning the transfer of wealth across generations. Some establish private trusts or structure their estates in order to ensure continuity, stability and long term impact. At times, philanthropic giving remains generous yet informal, without a structured framework that enables it to become a lasting legacy. Similar to intergenerational financial planning, thoughtful philanthropic planning ensures that impact continues over time and remains relevant in a changing environment. The management of philanthropic trusts is complex and requires professional expertise and deep familiarity with the social sector. A professional trustee bears fiduciary responsibility for the management, preservation and development of the endowment’s assets and for ensuring the fulfillment of its social objectives over time.
Why a Philanthropic Trust
A philanthropic trust, also referred to as a public charitable trust, is a legal structure that enables assets to be dedicated to social purposes while preserving family legacy and long term involvement. The trust safeguards and manages the principal and enables philanthropic distributions from the returns over many years, including after the founder’s lifetime and, if desired, with heirs serving as trustees. These structures provide a disciplined framework that connects today’s philanthropic intent with tomorrow’s evolving social needs. When properly structured and professionally managed, philanthropic trusts may benefit from tailored governance and tax frameworks, supporting meaningful and sustained impact while aligning with the family’s vision and objectives.
Our Solution
Compass Trusts
A professional trustee acting for the public benefit
Compass Trusts serves as a professional public benefit trustee within philanthropic trust structures and acts as a dedicated partner with specialized expertise in philanthropy. At the trustee table, Compass Trusts brings the knowledge, institutional experience and trust that Keshet has built within Israel’s social sector, including the ability to identify emerging trends, recognize leading organizations and determine where consistent giving can generate meaningful impact over time. Compass Trusts safeguards the public purpose of the trust, supports its continued relevance in a changing environment and ensures that the founders’ vision is translated into sustained social impact. As a non profit professional partner seated at the trustee table, Compass Trusts acts solely for the benefit of the public and the social sector.
Our Advantages
- Proven experience in philanthropy and the social sector
- A professional and supervised non profit body without commercial interests
- Long term institutional continuity independent of any specific individual
- Preservation of family values and defined objectives
- Tailored services aligned with the needs of the trust
- Professional management of grants and investments
- Eligibility for tax benefits available to public institutions
- Established relationships with banks and investment institutions
Tailored Solutions for Philanthropic Trust Management
We offer customized solutions for managing philanthropic trusts according to the founder’s choice
Compass Trusts
Compass Trusts, a subsidiary company by Keshet- Donor Advised Fund, provides professional, reliable and efficient services for philanthropic trusts with social purposes, combining the experience, systems and credibility that Keshet has built within the social and philanthropic ecosystem.
Chair:
Tali Yaron Eldar, Adv.Professional Director:
Amira AharonovitzExternal Auditor:
Eyal Biran, CPALegal Counsel:
Meitar Law Firm
Our team is here
to help you build a smart and effective philanthropic strategy