Apr 22 2010 1:00PM

KEYNOTE ~ The Ten Multipliers

What keeps the most successful entrepreneurs focused, growing, and ahead of the game, while others struggle with the economy, commoditization, and regulatory and policy changes in their industries? In this presentation, coach Dan Sullivan will share ten "multiplier" strategies developed over 35 years of working with top entrepreneurs that are responsible for the extraordinary success of the entrepreneurs in his Strategic Coach Program. These directives will give you a distinct advantage in the marketplace and help you see how to harness the best of what you've accomplished so far to multiply your progress towards your goals, turning obstacles to opportunities along the way.

Apr 22 2010 2:50PM

Donor Advised Funds: Your Back-Stage Pass

This panel discussion will offer recent developments in the charitable sector, including legislative and regulatory developments impacting donor advised funds (DAFs) and supporting organizations. Participants will study key considerations relied on by advisors when guiding clients on charitable giving vehicle selection including tax deductibility, donor control, family participation, succession planning, anonymity and relationship management. In this interactive session, participants will also go behind the scenes of a leading DAF program to take a deep, yet practical dive, through case studies, focused on DAF policies and procedures related to non-traditional asset donations, investment management programs, and common grant-making guidelines. Case studies will, among other things, highlight donations of C- and S-Corp stock and diligence procedures applicable to DAFs; the role of the sponsoring organization’s Board and its fiduciary responsibility; and grant making strategies which can be achieved through a DAF, i.e., scholarship programs, memorial giving, missionary grants, memberships, and international grants. Case studies will also be instructive on how to avoid making legally binding pledges which cannot be “paid” with a DAF grant as well as grants which may confer a more than incidental benefit.

Apr 22 2010 2:50PM

Leadership in Philanthropic Advising, The AIP Member Survey

In 2009, AiP conducted the first annual survey of its membership, which includes many leaders in the field of philanthropic advising. Survey results highlight the roles philanthropic advisors take on, how success is measured, and how advisors develop their professional skills. After the first public presentation of the these survey results, their implications for the future of philanthropic advising and of AiP will be discussed, along with plans for the 2010 survey. Speaker Dr. Thomas Backer and his nonprofit Human Interaction Research Institute have partnered with AiP on this project.

Apr 22 2010 4:00PM

Engaging The Next Generation of Givers

Recent research about an unprecedented "transfer of wealth” has sparked an ongoing conversation about preparing and engaging the next generation in stewarding philanthropic dollars. Today, multiple generations are involved in family philanthropy and learning to work together as decision makers. This conversation can often be challenging because different experiences and world views shape how families engage in their philanthropy. However, with open communication, multiple platforms for conversation, and a solid plan, consensus can be found. In this session, we’ll explore strategies for connecting with up and coming generations, encouraging multi-generational conversation and engaging a family in giving as a whole.

Apr 22 2010 4:00PM

The L3C and Catalytic Philanthropy

Foundations earn their tax benefits when they serve the public by distributing at least five percent of their assets to social programs every year -- or by making socially beneficial "program-related investments" of five percent or more of their assets every year. Program-related investments are those that further a foundation's mission and wouldn't have been made if profit were the sole reason to invest. And therein lies the L3C opportunity. The "low-profit limited liability company," or L3C, is a new, hybrid business form which can leverage foundations' program-related investments to access trillions of dollars of market-driven capital for ventures with modest financial prospects, but the possibility of major social impact.

Apr 22 2010 6:30PM

Giving Circles 100X

After dinner and with dessert we will learn how one woman in Cincinnati wanted to make a bigger impact with her charitable giving. She dreamed of what might happen if many women, at least 100, each gave $1000 joining together to make one large gift to a worthy cause in her local community. Her dream became a reality and now over 200 women are joining together to make a transformational difference. Her idea has been duplicated in 13 different cities and in less than 10 years over $10M has been awarded to non profits within their respective local communities!

Apr 22 2010 7:30PM

Family & Philanthropy: The Best Laid Plans May Have Unintended Consequences

“Meet” the McAllister Family as they discuss plans for their new found wealth. Featuring a DVD presentation: “The Big Payday”, a Living Case Study written, directed and produced by Shaking the Tree Foundation, shakingthetree.org. Waights and his brother have just sold their family business for a substantial amount of money. He and his wife, Martha, have spent months planning with their financial advisors. But at the family meeting, Waights, Martha and their children discover that they have very different ideas of managing the fortune including their visions for the family foundation. Followed by an interactive discussion with moderators Maryann Fernandez and Phil Cubeta that will cover these issues: • How can family philanthropy be a positive force in a family’s life? • Inheritance and the next generation’s participation in the family philanthropy:working with or against each other •Who is your client? •What are your responsibilities as an advisor? •Handling challenging family dynamics in the planning process: what you need to ask

Apr 23 2010 8:15AM

KEYNOTE ~ Estate Planning under the 2010 EGTRRA Regime

Although nobody really expected it to happen, Congress failed to act on an extension or revision of the Economic Growth and Tax Reconciliation Act of 2001. The result is no estate or generation-skipping taxes for 2010, and a modified gift tax and capital gains tax structure. How long will it last? Will Congress act in 2010 to change the law and, if so, will it be retroactive? How are professional advisors and their clients to plan under the current the transfer tax system? This session will look at the current status of the tax law, prospects for changes to it, and options for planning in the current mess.

Apr 23 2010 10:15AM

Back to Basics: How Best to Give?

It has been famously remarked that if one honors the law and enjoys sausage one should not watch either being made.” Is this also true about philanthropy? Should we concentrate on the good we try to accomplish without regard to the means we use to achieve it or the motives that animate us? Or is there a close connection between philanthropic ends and means, such that good deeds are in fact better when we proceed mindful of the whys and wherefores of our efforts? Our discussion will take us back to these basic questions about effective philanthropy. Using Maimonides’ brief but time-honored “ladder of giving” as a mirror in which to examine our own giving practices, we shall consider a variety of ways and means of giving, and discuss what makes some better (or worse), and why. (Maimonides’ text will be distributed and read at the session.)

Apr 23 2010 10:15AM

Creative Charitable Planning with Non-Cash Assets

Having a thorough understanding of charitable planning techniques is critical when assisting affluent donors/clients with charitable giving and tax planning. How would you help a client who wants to donate a painting, horse or beach house to charity? Non-cash assets such as real estate, closely held stock, collectibles, etc., are estimated to be a $40-60 trillion market. Yet non-cash assets represent less than 2% of all charitable gifts. Bryan Clontz will cover how to potentially maximize your clients’ deductions through untapped assets such as real estate, privately held C corporations, S corporations, LLCs, limited partnerships and other unique assets. This highly interactive session will employ case studies to illuminate the key points for both non-profit and for-profit professionals.

Apr 23 2010 12:30PM

Grassroots Giving: Why Small, Local, and Immediate is Better than Big, Comprehensive and Collaborative

The buzzwords in philanthropy today – collaboration, partnership, consortium, leverage – all suggest that a small donor, making modest grants to nonprofits, can do little to make a difference. In fact, some of the most effective programs are run by small, all-but-invisible grassroots groups, for whom smaller grants can be a lifeline. But it takes work to find them, especially when the larger philanthropy associations are not inclined to be helpful. This presentation aims to tackle that problem head-on.

Apr 23 2010 12:30PM

Philanthropic Travel Panel

Learn how to plan to travel for an on-site visit with your donor's charity, to see first-hand, the affects their donations have made and to have a hands-on, active participation in their philanthropy.

Apr 23 2010 1:45PM

Transformational Philanthropy: Entrepreneurs and Nonprofits

Drawing upon her 25+ years of experience working in philanthropy, Ms. Dietlin will be sharing a practical guide for how nonprofit leaders and entrepreneurs can develop a meaningful and effective way to work together in order to solve the challenges facing us in the 21st century. Participants will learn insights into the decision making patterns, expectations, and philanthropic behaviors of entrepreneurs, as well as strategies for educating and engaging entrepreneurs in the life of nonprofit organizations as well as the overall philanthropic world.

Apr 23 2010 1:45PM

Unique Opportunities for Charitable Estate Planning in the Current Environment: Donor's Perspectives Real Life Case Study

Turmoil in financial markets in 2008 created lot of uncertainties amongst both charities as well as donors. Valuation depleted as much as 50 % of the portfolios and several income generating real estate bearly broke even. Advisors engaged in charitable estate planning found it extremely challenging to stimulate emotions of committed donors to facilitate the giving process. Legacy planning group initiated a research study to understand the psychology, and emotional challenges of its clients, and also developed the financial freedom model to integrate both donor's financial capacity as well as some unique tax, legal and insurance strategies that allowed donors and gift givers to self direct their giving and make profound community impact. Through its proprietary 3 bucket approach, it simplified decision making abilities of clients to realign their financial capital and engage their 3 generations to express their gratitude. This process shifted the paradigm from guilt driven philanthropy to an Empowerment model of JOY of giving.

Apr 23 2010 3:30PM

KEYNOTE ~ When Writing Checks isn't Enough - Helping your Wealthy Clients Gain Clarity about Their Philosophy of Philanthropy

Many of your existing high net worth clients want their life to count for something more - something lasting. More than just giving money, more than seeing their name on buildings. They want to see their money align with their deepest passions, making a leveraged impact and enhanced by their greatest abilities. However helping them get clarity in this area require different skills and analytical tools than many Philanthropy Advisors have been trained in. For clients approach retirement this session will equip you to help in developing a clear definition of their passions, mission statement, and philanthropy philosophy and the desired metrics for results. Lloyd Reeb has invested the past decade taking these individuals on this exciting adventure and will share his learnings, tools and skills with us.

Apr 24 2010 8:15AM

KEYNOTE ~ Lessons from the Bishop Estate Scandal

Professor Roth will tell the story of Bishop Estate, a 501(c)(3) charitable trust established 125 years ago by the last descendant of Hawaii's first king, Kamehameha the Great. The New York Times has called Bishop Estate "a feudal empire so vast that it could never be assembled in the modern world," and the Wall Street Journal has estimated it to be "the nation's wealthiest charity." In 1997 Roth and four elders from the native Hawaiian community publicly called for an investigation of the five Bishop Estate trustees and the five state Supreme Court justices who had appointed those trustees. Within days the state attorney general began a probe that resulted in civil lawsuits, criminal indictments, unprecedented actions by the IRS, death threats, a judge crying in open court, attempted suicide by a trustee, and the suicide of a Bishop Estate lawyer. Eventually all five trustees resigned in disgrace, all but one of the justices agreed to stop selecting trustees, and two justices resigned. The story was reported extensively by worldwide media including a detailed story by CBS's 60 Minutes. Professor Roth and senior federal district court judge Samuel P. King co-authored a bestselling book about the controversy, BROKEN TRUST, that the Hawaii Book Publishers Association named Book of the Year. Roth and King are giving all royalties to charity. Although the facts of this story are unique, its many legal and ethical issues are ones that are commonly encountered in the nonprofit sector.

Apr 24 2010 10:15AM

KEYNOTE ~ Creative Grantmaking: Lessons Learned from the Principles that Operate in the Market Economy

In our social economy it is possible to waste millions of dollars even if it is well managed by reputable people with noble intentions and administered by credentialed professionals. By contrast it is nearly impossible to find support for innovative approaches that have been authored by untutored, indigenous social entrepreneurs, even with a proven record of success.