Helping Your Kids Without Ruining Your Life (or Theirs)

How wealthy families help their children financially is a complex topic, as well as a deeply personal one. More families than ever are working through it.

  • There are more than three times as many households with a net worth in excess of $5m compared to 15 years ago (adjusted for inflation).
  • Families are smaller, meaning individual children are ending up with larger proportions of family wealth.

Helping your kids without ruining your life (or theirs): Ten issues to consider when passing wealth to the next generation is a report that seeks to shed light on a topic that is rarely discussed in the open.

Preparing for the Next Market Crisis: A Checklist for Non-Profit Investment Committees

No-one in the investment community knows when the next big market correction is coming, but every investor needs to be ready for it. This checklist can’t completely immunise non-profit investors against all the pain of a market crash, but it can help ensure they are as well prepared as possible.

Executive Share Schemes - Maximising the Opportunity

By Sabil Chowdhury - Adviser & Partner at Koda Capital

An employee share scheme is often the single most important source of wealth generation for an executive over their working life, and such schemes come in different forms with different potential outcomes. For an executive to fully maximise the opportunity for this wealth creation tool, they must start by having the right structures and the right overlays in place.

Despite the fact that employee share schemes are often the most significant source of wealth generation the vast bulk of the executives we speak with at Koda Capital have found it difficult to cut through the inherent complexity of employee share schemes and maximise the opportunity for wealth generation these schemes represent. The aim of this paper is to:

  1. Help executives be aware of and understand the complexity that is often embedded within employee share schemes
  2. Provide an overview of how these schemes work in practice
  3. Assist executives to maximise the opportunity by using the right structuring, tax and investment strategies

Investing for Non-Profits: 10 Investment Lessons for NFPs 10 years on from the GFC

The 15th of September 2018 marked the 10th anniversary of the collapse of US investment bank Lehman Brothers and the onset of the Global Financial Crisis (GFC). Many trustees, directors and investment committee members of charities, foundations and non-profits are still haunted by the episode. As advisers to these investment fiduciaries, we are often asked what the lessons were for non-profit investors. This paper examines the Top 10.

A Snapshot of Australian Giving

A Snapshot of Australian Giving is written for the benefit of donors and fundraisers. It is based on Koda’s analysis of the latest giving data from a variety of sources. As well as presenting the data, the report features insights and observations based on Koda’s direct experience with clients and the broader giving community.

Koda Capital Impact Investing Advisory Service

Koda is proud to offer clients the opportunity to build portfolios that reflect not just their financial objectives, but their values and their desire to invest in social and environmental change. We are excited to bring a pioneering impact investment advisory service to our clients. Impact investing for private, non-profit & philanthropic investors explains what impact investing is, what investors can expect from Koda in the way of advice and service and how Koda helps investors build impact into their portfolios.

Seizing The Opportunity - A Fresh Perspective

By Sean Abbott - Adviser & Partner at Koda Capital

Having recently completed interviews with a new set of business entrepreneurs, ‘Seizing the Opportunity – A Fresh Perspective’ is an extension of Koda’s original white paper on wealth management after liquidity events. Our new research both confirms our first set of findings and introduces new insights into the challenges faced as individuals and families look ahead following the sale of a business.

To get a copy of this paper please email or with your request.

Top 10 Mistakes of the Australian Non-Profit Investor...And How To Avoid Them

This paper is dedicated to helping non-profit trustees, directors and committee members spot and avoid potential mistakes and common pitfalls.

Investing for Non-Profits: An Effective Investment Policy Statement

Investing reserves on behalf of a foundation, charity or non-profit organisation is a tremendous privilege, and one that comes with significant responsibility. It requires a fiduciary mindset, a willingness to thoroughly address all aspects of stewardship, and a robust investment governance framework. It also requires the organisation to understand how its reserve assets serve its mission, and requires sound processes and a carefully considered investment plan. An effective investment policy statement fortifies these requirements by drawing them together into a single cohesive document.

This paper is an extract from Koda’s ‘The Investment Policy Statement Handbook’ and explores the key issues and benefits for non-profit organisations in preparing, implementing, maintaining and complying with an effective investment policy statement.

The 2015 Koda Capital Australian Giving Review

An exploration of Australian giving, designed to help those interested in philanthropy understand the giving landscape. The review sets out ideas to provoke discussion about how giving can be encouraged in Australia.

The 2016 Koda Capital Giving Snapshot

The 2016 Koda Capital Australian Giving Snapshot is an analysis of the latest annual giving statistics released by the Australian Taxation Office (ATO). 

Highlights of the Snapshot include:
  • Giving grew 11.7% (year over year) to $2.6 billion 
  • Increased donations into Public & Private Ancillary Funds contributed significantly to the growth in giving
  • Australian women gave more of their income to charity and a higher portion of women gave compared to their male counterparts
  • High income earners are significantly more charitable than commonly thought
  • 102,751 fewer tax-deductible gifts were made than the year prior

Preparing for the Future - Do or die for non-profit boards

Life for non-profits is changing rapidly, and in many ways dramatically. Non-profit boards face a future that looks nothing like the past - one in which they must deal with changes in government policy, increased regulation and accountability, rising costs, higher funder expectations, the need to prove impact, systemic change, tougher competition and the impact of digital innovation.

At Koda, in our work with non-profit boards we have observed a growing appreciation of the need for change. Many of the responses we have seen suggest boards are looking for guidance in relation to how they should move forward. This paper frames the strategic agenda facing non-profit boards, sets out possible solutions to key issues and offers practical steps by which those solutions can be implemented by a forward-thinking board.

Strategic Philanthropy - The Chan Zuckerberg Initiative

In December 2015, Facebook founder Mark Zuckerberg and his wife Dr Priscilla Chan announced their intention to pledge 99% of their Facebook shares – then valued at A$62 billion - to a new philanthropic vehicle known as The Chan Zuckerberg Initiative. 

Koda believes the Initiative is a game changer with the potential to completely revise the way we think about philanthropy, charity and how to create social impact, thanks to its big picture approach and refusal to be bound by conventional wisdom.

In this article, first published in the 2016 Leadership issue of Generosity Magazine under the title ‘Why the Chan Zuckerberg Initiative is a sign of the philanthropic times', we explain why.

Ensuring Your Plans For Your Super Become A Reality

If you are one of the growing number of Australians with self-managed superannuation funds, it is important for you to have a sound understanding of the benefits associated with them. Who is entitled to what, both during your retirement and after your death, varies greatly from situations where assets are held directly.

This critical part of estate planning should be considered sooner rather than later. Where you fail to plan, your superannuation benefits could end up with unintended individuals, family disputes and result in inefficient and adverse taxation implications.

Strategic Philanthropy - Leadership Insights

In August 2015, Christopher G. Oechsli, President and CEO of The Atlantic Philanthropies visited Australia to discuss the foundation’s work. Atlantic, a limited-life foundation that will make its final grants by the end of 2016 and will close its doors by 2020, has so far distributed A$10 billion, including A$590 million in Australia. Atlantic’s visit also allowed Chris Oechsli to discuss founding chairman Chuck Feeney’s philosophy and practice of Giving While Living with a significant number of prominent Australians.

The collective insights of the philanthropic, academic, non-profit and business leaders Koda and Atlantic brought together were extraordinarily valuable. This paper distils and disseminates the philanthropic wisdom those present shared at a series of private events, for the benefit of a wider audience.

Seizing the Opportunity: Wealth Management After Liquidity Events

By Sean Abbott - Partner and Adviser at Koda Capital

The purpose of this paper is to present Koda’s research and observations into the common concerns shared by business owners following the sale of their business, and the critical role of specialised advice in addressing these concerns and providing the peace of mind to enter their next phase of life.

To get a copy of this paper please email or with your request. 

Investing for Non-Profits

Essential questions for board and investment committee members.