Plan to Give: Live Webinar Series
As we maneuver through this post-COVID “new normal,” the NCF team appreciates the complexities you have to manage. We are here as a backstop as you help your generous clients leverage our tax laws to creatively support their favorite causes. Using a case study approach, attendees will learn to identify opportunities that empower their clients to achieve their philanthropic goals through tax-leveraged use of asset-based gifts of both real estate and ownership in closely held business entities.
You can expect to increase your knowledge and better understand the myriad technical issues to navigate when advising clients on how to successfully position and complete asset-based gifts. We will cover income tax deduction rules, unrelated business taxable income (UBTI), unrelated debt financed income, assignment of income issues, self-dealing prohibitions, private benefit prohibitions, and excess business holding (EBH) rules. We will also cover the world of faith-driven impact investments, giving you a more complete understanding of how that mechanism can be a strategic investment and giving strategy for your clientele.
Attendees will learn:
- How to capture multiple tax savings when gifting business interests to charity including S-Corps, C-Corps, LLCs and partnerships.
- Strategies for maximizing charitable giving as part of a larger business succession plan, while minimizing transaction challenges such as UBTI, EBH, and controlling vs. non-controlling interests.
- The difference between using a Private Foundation and Donor-Advised Fund for (family or corporate) grantmaking and philanthropy.
- How gifting income-generating assets or business interests can be used to fund charitable endeavors optimizing charitable goals, business goals, and transition planning even long before a sale is contemplated.
- How to target persona for impact investing, best practices and ways to invest for impact.
Tuesday, May 19th 2020
12:00 pm – 2:00 pm CT
Two 50-minute talks including Case Study Application and Q&A
CFP and CPE Credit available
To attend the webinar, please REGISTER HERE
- 12:00 am to 12:05 am Welcome & Introduction
- 12:05 am to 12:55 pm – Charitable Gift Planning
- 1:00 pm to 1:50pm – Faith Based Impact Investing
Hosted by NCF Heartland & Rocky Mountains with presenters:
- Daniel Hicks, JD, VP-Gift Planning Attorney at National Christian Foundation
- Michael R. Greenlee, JD, Due Diligence Attorney at National Christian Foundation
- Aimee Minnich – Chief Impact Officer, Impact Foundation
For more information please contact Matt Farmer: firstname.lastname@example.org
To attend the webinar, please REGISTER HERE
About our Presenters:
Daniel Hicks, JD – VP Gift Planning, NCF
Daniel K. Hicks serves as a charitable gift and estate planning attorney with the National Christian Foundation (NCF). He works with generous families and business owners to create giving strategies for minimizing income and estate tax liabilities to better impact charitable causes.
Prior to joining NCF in early 2019, Daniel was a partner with Ingersoll & Hicks, PLLC in the Winston-Salem, North Carolina and Greenville, South Carolina offices and prior to that, an estate planning attorney with Nexsen Pruet in its North and South Carolina offices. His principal areas of practice are Estate Planning, Tax, Charitable Planning and Tax-Exempt Organizations.
He is a member of the North Carolina and South Carolina Bars and is a member of the Estate Planning & Fiduciary Law Section of the North Carolina Bar and the Estate Planning Section of the South Carolina Bar. He received his B.A. and M.A. degrees from Bob Jones University and his Juris Doctor from the University of North Carolina at Chapel Hill School of Law in 1997. He is a frequent speaker on stewardship, estate planning and complex charitable planning techniques.
Aimee Minnich – Chief Impact Officer and General Counsel, Impact Foundation
Impact Foundation provides a streamlined way to fund transformational businesses, make loans to charity, and grow the amount families have to give away.
Prior to founding Impact Foundation, she served as President and General Counsel for the National Christian Foundation, Heartland, where she designed and implemented the foundation’s Missional Investing Program to allow the investment of donor-advised funds in social impact companies. A recovering attorney, Aimee also serves as an Entrepreneur in Residence at Miami University’s John W. Altman Center for Entrepreneurship and as a Trustee with Praxis Mutual Funds.
Aimee earned a Juris Doctor from the University of Kansas School of Law with honors and a BA in Philosophy, summa cum laude, from Rockhurst University. In addition to “The Profitable Charity,” she’s published a boring law article and a study of the metaphysics of salvation. Aimee and her husband Marshall live with their three adorable and high-energy kids and sweet old dog in Kansas City.
Michael R. Greenlee, JD – Due Diligence Attorney, NCF
Since August 2018, Mike Greenlee has served as a Due Diligence Attorney in the Complex Gift Solutions Group at National Christian Foundation. From 1996 until joining National Christian Foundation, Mr. Greenlee served as legal counsel to various emerging growth technology companies during his tenure at Morris Manning & Martin, LLP and two law firms that he founded. Prior to his legal career, Mr. Greenlee served in various roles in the engineering, regulatory and procurement organizations of BellSouth. Mr. Greenlee holds a Bachelor of Civil Engineering from the Georgia Institute of Technology and a Juris Doctor from Georgia State University College of Law. Mr. Greenlee is a member of the State Bar of Georgia and is a licensed patent attorney before the United States Patent and Trademark Office.
The following is a representative list of Mr. Greenlee’s clients who he has led from their early development stage to a sale event: (1) Discrete Wireless until its sale to Francisco Partners; (2) Abaco Mobile until its sale to Capgemini, (3) Easy Solutions until its sale to Cyxtera; (4) RCMS until its sale to American Reprographics Corporation; (5) Modulo Security until its sale to SAI Global Compliance; (6) IdentityStream until its sale to DigitalPersona; and (7) Listen360 until its sale to EverCommerce.