Written by: Anat Becker, JD

Dear Colleagues,

The gift planning field is ever changing. We regularly adapt to new laws, regulations and market conditions. These days we also have to consider a pandemic to which our legacy donors are particularly vulnerable both physically and financially.

How do we talk to our most loyal supporters in a sensitive way while conveying our philanthropic mission and good work? In addition to tact and a thorough understanding of our respective missions we also educate ourselves about pertinent changes in law, taxes and even our own organizational operations.

Please join us on June 4th for a presentation by Laura Solomon, Esq., who also penned an article below. Laura will address how the CARES Act affects charities specifically.

On June 18th Ronald Brown will talk about charitable gift annuities and their long history in Philly. CGAs, which offer fixed income for life, may be especially appealing to your donors now. But they may also pose a risk to your organizations, which back the annuities with their full faith and credit, considering sharp market fluctuations.

The Planned Giving Council of Greater Philadelphia will continue to provide resources as we navigate this new reality. Stay tuned for additional programs in the fall. We certainly hope to see you in person. But if we cannot, we will adapt.

Best wishes to you all.