The Community Foundation of the Ozarks has formally established the Professional Advisors Council. The Council, comprised of estate planning, financial and investment professionals, will assist Community Foundation of the Ozarks in increasing the focus on planned charitable giving, as well as provide leadership in promoting future charitable gifts to organizations and communities in the Missouri Ozarks.
The focus of the Council will be to encourage individuals to engage in estate and financial planning. It is the Community Foundation of the Ozarks’ belief that regular and consistent emphasis on planned charitable giving will result in significant future financial support for charitable causes in our communities. The Council will also sponsor professional development and donor education events.
To join the Professional Advisors Council, please complete this form and return it to Winter Kinne.
Click a link for more information:
Why Professional Advisors Work with Community Foundations?
CFO’s definition of professional advisor: an attorney, accountant, financial advisor, insurance agent, etc. who works with clients on tax and estate planning
It is a win-win-win for the client, professional advisor and community foundation.
- Funds established at a community foundation save money and often taxes for the client (because CF’s only have an annual administrative fee – no extra/hidden costs).
- If fund needs to be amended/changed, there is no cost to the client/donor.
- The relationship saves time, money and expertise for the professional advisor.
- Clients/donors can set up charitable funds tailored to their goals. Can include family, successors, etc.
- Help donors discern community needs if desired. Professional advisor may not be expert in this area.
- CFO has array of planned giving options. Can accept life estates, life insurance, charitable remainder trusts, charitable gift annuities, etc.
- Community foundations can only manage charitable funds, so we are not “competition” for advisors for individual accounts.
- For funds above $250,000, the financial institution/advisor can still manage the money, allowing the CFO/affiliate to manage the charitable activity therefore allowing each institution to do what it does best.
Continuing Education for Professional Advisors
Thursday, Nov. 8, 2018: Bryan Clontz
Bryan Clontz, Ph.D., CFP, CLU, ChFC, CAP, AEP, RICP and CBP, is a veteran of the community foundation world. He specializes in noncash asset receipt and liquidation, gift annuity reinsurance brokerage, gift annuity risk management consulting, emergency assistance funds and life insurance appraisals/audits. His seminar topics will cover “Creative Charitable Planning with Non-Cash Assets” and “Top 10 Charitable Trends Every Advisor Should Know in 2018.”
12–3:30 p.m., at Grey Rocks Event Center (505 E. Trafficway, Springfield)
Free to members of the CFO’s Professional Advisors Council; open to all professional advisors; lunch included
Anticipated Continuing Education Credits
- CLE: 3.6 hours
- CPE: 3.5 hours
- CFP: 3.5 hours
- CTFA: 3.75 hours
CFO Professional Advisors: Please send the name(s) of attendees firm, email and phone number to Winter Kinne at firstname.lastname@example.org
Non-PAC Attendees: Send information with a $50 check to Winter Kinne at P.O. Box 8960, Springfield, MO, 65801; or register online by selecting “Continuing Education Seminar: Bryan Clontz” from the gift-designation menu and select $50 as your payment amount.