The Gift & Estate Planning Professionals (GEPP) Group

Embed Size (px)

DESCRIPTION

This session was held 16 June 2014. Find a recording of the session here: https://vimeo.com/98361379. Join Past Rotary International Director Frank Goldberg, CPA, for an introduction to Rotary’s Gift & Estate Planning Professionals (GEPP) group. The webinar will include a brief history of the program, a review of available materials and a discussion of useful ways to promote and utilize the network. The GEPP Group is comprised of Estate Planning Attorneys, CPAs and Financial Planners willing to help promote gifts to the Endowment Fund (formerly the Permanent Fund). This ‘corps’ will serve as a resource to accurately share information with Rotarians and others who may be interested in giving options such as charitable gift annuities and remainder trusts, estate gifts or Donor Advised Fund accounts.

Text of The Gift & Estate Planning Professionals (GEPP) Group

  • 1. Gift and Estate Planning Professionals | 1 The Gift and Estate Planning Professionals Group Frank Goldberg, Past RI Director Karena Bierman, Director of Gift Planning Peter Doetschman, Senior Planned Giving Officer Nancy Hoffman, Planned Giving Officer

2. HOW TO PARTICIPATE TODAY Open and close your panel View, select, and test your audio Submit text questions 3. Gift and Estate Planning Professionals | 3 Frank N. Goldberg (Rotary Club of Omaha-Suburban) Director, Rotary International, 2005-07 RI Treasurer, 2006-07 Endowment/Major Gift Advisor, 2014-16 Chair, RI Finance Committee, 2007-10 Certified Public Accountant, member of the AICPA and NSCPA 4. Gift and Estate Planning Professionals | 4 Your Planned Giving Team 5. Gift and Estate Planning Professionals | 5 Poll Question What is your Rotary role? _I am a member of the GEPP Group _I am thinking of joining the GEPP Group _I am a District or Zone leader _I am not a Rotarian 6. Gift and Estate Planning Professionals | 6 What is the GEPP Group? A fellowship of reputable professionals supporting the long-term health of the Foundation. You have the technical expertise to help Rotarians achieve their financial and charitable goals. Rotary will identify you as a volunteer resource and give you the tools you will need to assist Rotarians who are considering a gift to Rotarys Endowment. 7. Gift and Estate Planning Professionals | 7 Expectations Allow Rotary to share your name as a resource Abide by the GEPP code of conduct Understand Rotarys gift acceptance policy Keep donor information confidential Know your Zone Team members who are here to help you 8. Gift and Estate Planning Professionals | 8 Best Practices Learn about Rotarys Endowment Know about Endowment naming opportunities Understand Donor Recognition Bequest Society Major Donor/ Arch C. Klumph Society Be able to identify your Planned Giving Officer Review the menu of gift planning options 9. Gift and Estate Planning Professionals | 9 Opportunities Share the benefits of giving through Rotary with charitably minded Rotarians Make presentations and distribute promotional materials Encourage qualified professionals to join the GEPP Group Consider making your own estate or life income gift Identify planned giving prospects for staff 10. Gift and Estate Planning Professionals | 10 Rotary Resources to Support Your Efforts GEPP Membership Guide Emphasis on Planned Giving A monthly e-newsletter Staff provide technical assistance with any gift to Rotary www.rotary.org/plannedgiving 11. Gift and Estate Planning Professionals | 11 Overview of Rotarys Endowment Fund 12. Gift and Estate Planning Professionals | 12 Rotarians May Designate How Spendable Earnings Will Be Used General supportWorld Fund Support projects in a particular area of focus Support Foundation projects and your district SHARE 13. Gift and Estate Planning Professionals | 13 Endowment Fund Statistics Goal: $1 Billion by 2017 As of 31 March 2014: Net Assets: $328.0 M Expectancies: $559.5 M Total $887.5 M 14. Gift and Estate Planning Professionals | 14 The Power of Endowment Giving 15. Gift and Estate Planning Professionals | 15 Bequests 16. Gift and Estate Planning Professionals | 16 How Can I Best Help Promote Rotarys Endowment? Help others include a gift to Rotary in their estate plan (Bequest Society) Most important source of Endowment gifts Anyone can do it No geographical limitations Dont forget beneficiary designations Encourage Rotarians to be recognized by the district 17. Gift and Estate Planning Professionals | 17 Poll question What is your professional designation? _Accountant _Attorney _Financial Planner _Fundraiser _Insurance Agent _Other 18. Gift and Estate Planning Professionals | 18 Additional Planned Giving Options in the U.S. 19. Gift and Estate Planning Professionals | 19 Life Income Agreements All Life Income Agreements offer: - tax benefits - lifetime payments - Major Donor and Arch C. Klumph Society recognition - the ability to maximize appreciated assets Charitable Remainder Trusts Charitable Gift Annuities 20. Gift and Estate Planning Professionals | 20 Donor Advised Fund 21. Gift and Estate Planning Professionals | 21 Named Funds 22. Gift and Estate Planning Professionals | 22 Naming Opportunities $25,000: Support World Fund or SHARE or Peace Centers $100,000: Support an Area of Focus $250,000: Support Area of Focus projects from a district $500,000: Establish an Endowed Rotary World Peace Fellowship $1,000,000: Work with TRF to meet your philanthropic goals 23. Gift and Estate Planning Professionals | 23 Recognition 24. Gift and Estate Planning Professionals | 24 Benefactor and Bequest Society Recognition Gifts that are funded after the donors death A Benefactor is an individual that has made a provision in their estate plan, or made an outright gift of $1,000 to Rotarys Endowment Fund. A Bequest Society member is an individual or couple that has made a provision in their estate plan to gift a minimum $10,000 to The Rotary Foundation. 25. Gift and Estate Planning Professionals | 25 Thank you for your support! As of 31 March 2014 there are: Approximately 92,400 Benefactor commitments Approximately 9,875 Bequest Society commitments (The total number of Rotarians worldwide exceeds 1.2 million) 26. Gift and Estate Planning Professionals | 26 Major Donor Recognition Major Donor Arch Klumph Society $10,000 to $24,999 Level One $25,000 to $49,999 Level Two $50,000 to $99,999 Level Three $100,000 to $249,999 Level Four $250,000 to $499,999 Trustees Circle $500,000 to $999,999 Chairs Circle $1 Million + Foundation Circle 27. Gift and Estate Planning Professionals | 27 Takeaway GEPP Group Stats: 400 members (goal is 500 by July 2014) 12 countries 28. Gift and Estate Planning Professionals | 28 Planned Giving Website www.rotary.org/plannedgiving 29. Gift and Estate Planning Professionals | 29 Questions? 30. Gift and Estate Planning Professionals | 30 Your Planned Giving Team Karena J. Bierman, JD Director of Gift Planning Peter Doetschman, Zones 25-26, 29-31 Senior Planned Giving Officer Nancy Hoffman, Zones 21B, 27-28, 32-24 Planned Giving Officer Plannedgiving@rotary.org +1-847-866-3100