November 8, 2019 – Council Meeting @ Maggiano’s Restaurant
Nov 8 @ 11:30 am – 1:00 pm

Blended Gifts: Accomplishing Strategic Philanthropic Goals!

November 8, 2019

Cathy R. Sheffield, CAP, CFRE, CSPG, FCEP

More and more donors/clients seek options in establishing meaningful gifts, both in size and effect. The idea of asking donors to make a “blended gift” is an emerging trend in the world of philanthropy. With the growing popularity of blended gifts as a gifting strategy, those who work with the charitably inclined, including fundraisers and advisors, need to be prepared for when their clients request assistance exploring blended gifts as a way to achieve their personal and financial planning goals while still leaving a legacy. This presentation will include case studies to demonstrate how blended giving can enhance donor goals, while not detracting or derailing retirement and financial plans.

Cathy is the Founder and President of ThinkGiving. She is a fundraising executive with 25-years experience, specializing in major gifts and gift planning in healthcare and higher education for organizations such as Baylor Scott & White Health, Texas Health Resources, Cook Children’s Health System, and Texas Christian University. She is President of ThinkGiving, a planned giving firm based in Fort Worth, TX. Cathy is also a Vice President with Thompson & Associates, a values-based estate planning firm based in Nashville, TN. Cathy serves as a member of the board of directors for the American Council on Charitable Gift Annuities, is a past-chair of the National Association of Charitable Gift Planners (CGP) and served as the 2015 Chair of the National Conference on Philanthropic Planning. Cathy is a member of the “Rollover Rangers” formally named the Charitable IRA Initiative. Cathy is a member of the American Institute for Philanthropic Studies faculty which administers the Certified Specialist in Planned Giving designation program. In 2015, Cathy was honored by the Fort Worth Metro Chapter of the Association of Fundraising Professionals with The Ben Franklin Award for the Outstanding Professional Fundraising Executive. Cathy received her MBA from Texas Christian University and a Bachelor of Science from North Dakota State University. Cathy is a Certified Fundraising Executive (CFRE), Chartered Advisor in Philanthropy (CAP®), Certified Specialist in Planned Giving (CSPG), and a Fellow in Charitable Estate Planning (FCEP).

December 4, 2019 – Council Meeting @ Maggiano’s Restaurant
Dec 4 @ 11:30 am – 1:00 pm

The Pinnacle of Capitalism

Speaker: Bill Spitz, Founder, Diversified Trust

December 4, 2019

Beginning in the early 1970’s, there was an evolutionary change in the prevailing view as to the role of corporations in our economy and society. The new ethic was captured in a statement by the Nobel Prize winning economist Milton Friedman who wrote: “The social responsibility of business is to increase its profits.” Building on that view, economist Michael Jensen argued in a series of articles that management compensation should be more closely tied to the return earned by a company’s shareholders leading to the widespread use of stock options and other forms of equity based incentive plans. And, this focus on stock performance contributed to the proliferation of stock buybacks, activist investors, compensation consultants, proxy voting advisory firms, and many other features of contemporary capital markets. The net result of all of this is what some call the “financialization” of our economy in which everything seems to revolve around trading pieces of paper. To be fair, I believe corporate performance has improved by virtue of increased focus and accountability on the part of managements and boards of directors. And, most executives would vigorously dispute the notion that they are focused on the return on their stock to the detriment of other objectives.

Bill Spitz

Program Sponsor: Diversified Trust