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Written by Nathan Harris – All characters are fictional; any resemblance to real persons is purely coincidental.
Chapter One – The Night the Money Came Home
A family table in Scottsdale
Each quarter the Whitmores convene a legacy supper.
James Whitmore, who scaled a nationwide logistics firm, presides. His daughter Caroline, newly minted CIO of Whitmore Family Partners, scrolls through dashboards. Her nephew Evan, a sophomore in social‑innovation studies, asks:
“Grandpa, why do our grants only go out? Couldn’t they ever come back and help someone else too?”
Caroline has been researching recoverable grants. James raises an eyebrow: “Sounds like a loan in tuxedo tails.” They book a meeting with long‑time wealth adviser Richard Bancroft of Bancroft‑Mercer Private Wealth.
Enter the adviser—and the AUM trap
Bancroft listens as Caroline proposes shifting $5 million into a recoverable‑grant pool inside the family’s donor‑advised fund (DAF). Then he pivots:
“Innovative, but you’d lose the upside our balanced portfolio delivers.”
Translation: Bancroft’s 0.70 % AUM fee would drop by $35 000 a year. Incentives mis‑aligned.
The big picture—why recoverable grants matter now
Bottom line: the infrastructure is ready; the capital is idle; families just need a playbook.
Recoverable‑grant pools in 90 seconds
- Grant dollars to a mission‑driven venture.
- Milestone met—revenue, refinancing, or impact KPI triggers repayment.
- Recycle principal into the next deal, compounding impact without new cash.
Five questions that expose adviser mis‑alignment
Bancroft answers poorly on three. Caroline starts interviewing specialist advisors.
Chapter Two – Building the Whitmore Pool
Data that changes minds
- Average recoverable‑grant repayment rate in CapShift COVID crisis facility: 82 %—capital now cycling into housing and mental‑health projects NCFP.
- Global Partnerships projects that every dollar recycled there will touch 7–9 households by 2030 Global Partnerships.
- For donors at Fidelity, each recycled grant dollar generates 4× more charitable deployments over a decade than a static endowment payout Fidelity Charitable.
- Compare that with a traditional 5 % foundation payout: principal never returns, and the impact curve is flat.
Chapter Three – From checkbook charity to catalytic coalition
With Immersion & iiCare Alliance on board, the Whitmores not only execute flawless documentation and impact tracking—they also tap an ecosystem of athletes, Fortune‑500 CEOs, and healthcare innovators who amplify the story to tens of millions. A single LinkedIn Live with a Super‑Bowl champion drives $600 000 of co‑funding into the pool.
James Whitmore lifts his glass:
“We just proved that philanthropy can be both generous and regenerative.”
Ready to write your own chapter?
Immersion’s Family‑Office Services pairs a Chartered Financial Analyst, an award‑winning CFO, and iiCare’s global influencer network to:
- Design vehicle, term sheets, and KPI dashboards
- Align (or replace) advisers whose incentives conflict with your mission
- Source and diligence high‑impact deals
- Broadcast your story to a global audience—turning private generosity into public inspiration
Start today:
- Book a discovery call: immersioninno.com/contact
- Email: Click Here
Turn your next grant into capital that never stops working—and a story the world can’t ignore.
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