August Conversation & Coffee - NEW LOCATION!
Topic: Raise More Money Now! Gifts from Retirement Savings
August 21st, 2019, 7:30 am - 9:00 am
Fifth Third Madisonville Operations Center Directions
Register by August 19th, 2019
TOPIC: Raise More Money Now! Gifts from Retirement Savings
Assets held in retirement accounts represent over 40%* of the value of all public U.S. companies! Not only is the value of the assets Americans hold in retirement plans almost unimaginably huge, but these assets can be among the most tax-efficient and therefore attractive sources of charitable gifts. They also raise tax issues that most other types of assets don’t.
This non-technical presentation will answer the question: “What are retirement plan assets?” We will then cover two areas of great interest to all fundraisers. First, the Qualified Charitable Distribution (some call it the IRA charitable rollover) is a thing of beauty. It provides current support to charity and is highly tax-efficient for the donor. Second, making charity the beneficiary of a retirement plan at the donor’s death is also a tax-efficient gift and an easy way to support charity.
You will leave this session prepared to raise more money right away!
*As of March June 30, 2017, Americans held $256.6 trillion in their retirement plans, of which $8.4 trillion were in IRAs and another $7.5 trillion in 401(k)s.
SPEAKER: Jeff Lydenberg, Vice President, Consulting, PG Calc
Jeff is a planned giving consultant to non-profits large and small in a variety of fields. He has been with PG Calc since 1999 and, in this role, he has advised planned giving programs on staffing and development of policies and procedures, trained boards and planned giving staff on planned gift design, advised charities, donors and professional advisors on complex gift design. He writes frequently on topics of interest to those working with deferred giving techniques. Prior to entering the field of planned giving, Jeff practiced law at Thompson, Hine and Flory in its Cincinnati office. Jeff’s planned giving career began at The Cleveland Clinic Foundation in 1995 where he was the Assistant Director of Planned Giving.
Jeff has a BA in American Studies from Kent State University and a JD from Case Western Reserve School of Law. He is the former programming chair for the Planned Giving Group of New England (PGGNE) and is currently a member of the Greater Cincinnati Planned Giving Council. From 2010 to 2013, he served on the Board of the National Association of Charitable Gift Planners serving as Board chair in 2013. He is currently a member of the Board of Trustees of the Lloyd Library in Cincinnati, OH.
WHEN: Wednesday, August 21, 2019
7:30 – 8:00 a.m. – Networking with the Speaker
8:00 – 9:00 a.m. – Program
Fifth Third Madisonville Operations Center**
5050 Kingsley Dr.
Cincinnati, OH 45227
**NOTE: You will enter through the Operations Center which is closer to I-71. Do not go to the office building that is closest to Duck Creek. See map.
Parking in available in the area surrounding the Madisonville Operations Center and in the nearby garage.
WHO: GCPGC members and guests
COST: Free for all attendees, thanks to our sponsor, The Fifth Third Foundation.
Bring a colleague or board member to learn what the GCPGC is about…
If you do not receive an email confirmation of RSVP, please call 513-554-3071 to confirm your RSVP and report that the automatic response mechanism did not work for your e-mail.
Members of the 2019 Conversation & Coffee Committee are Mindy Hammer of the Free Store Food Bank, Jeff Lydenberg of PG Calc and Conrad Theide of Cincinnati Public Radio. For more information on upcoming Conversations and Coffee programs, please visit the Greater Cincinnati Planned Giving Council website at http://www.gcpgc.org.
MARK YOUR CALENDAR: Conversation and Coffee is hosted at the Fifth Third Madisonville Operations Center and is always the 3rd Wednesday morning of each month.