Today, we sit down with Kent Weimer, our newly elected Chair of the CGP Board of Directors to hear his thoughts on CGP and the upcoming year. Kent has been actively involved in CGP for almost 20 years including 3 years on the board and leadership roles at the Chicago Council of Planned Giving and Charitable Gift Planners of Dallas, where he is a past president. We are excited for the upcoming year and to be led by such a great leader with more than 40 years of experience in the gift planning industry.
Following in Their Footsteps
A career in fundraising was not in my initial career plans. Instead, a wonderful opportunity to serve my alma mater became available at a time in my life when I not only needed a job, but a meaningful calling. I was a fundraiser because I believed in my alma mater; from then on, any role I took on had to be one in which I was fully dedicated – I don’t know anything other than 100%.
Nor did my mentors. Each one “walked the talk,” and patiently and joyfully guided my steps. My dedication to continuing their legacy was 100%, too. Like they had for me, I made time for every colleague and student – sharing my experiences, sharing materials when possible and appropriate, offering feedback, providing references and recommendations, and encouraging professional development opportunities. To see their careers flourish has been their gift that I will forever cherish.
The good news in the latest Gift Planner Profile survey is that only 5% of the 637 nonprofit respondents report that new planned gift commitments are decreasing at their organization over the past three years. What separates the 65% who say commitments have increased from the 30% who say commitments are flat?
The rules prohibiting self-dealing are contained in Internal Revenue Code Section 4941. They are broad and complex and, unfortunately, they are often counter-intuitive. Being able to recognize when a self-dealing issue may be present is an essential skill for all planned giving professionals. You can help your donors and your organization avoid tax penalties by studying up on disqualified people and prohibited transactions. Jeffrey Davine's presentation at NCPP 2016, “Dealing with the Self-Dealing Rules,” addressed this very issue.
Find out how well you know the self-dealing rules.
At the 2016 National Conference on Philanthropic Planning (NCPP), attendees learned many valuable techniques and skills in handling interactions with potential and current donors to their organizations. One session offered was “Pivoting - The Secret to Successfully Handling Difficult Donor Conversations” presented by Anne T. Melvin, Director of Training and Education, Harvard University. The following is a brief snapshot of that session.