Kitchen Table Philanthropy: 
Options for Generational Philanthropy

What: The Community Foundation of Louisville invites professional advisors to attend our Seventh Annual Advisor Seminar in May to hear from a national expert on the topic of:  "Kitchen Table Philanthropy:  Options for Generational Philanthropy." 

When: Thursday, May 13, 2010, from 8:00 to 11:30 am

Where: The seminar will be presented at The Olmsted, 3701 Frankfort Avenue on the Louisville campus of Masonic Homes of Kentucky. For directions and a map of the campus, click here. 

Continuing Education Credit:  Continuing legal education credits for this seminar will be sought as follows:

Kentucky CLE:  2.5 hours
Indiana CLE:  2.5 hours
Certified Financial Planner (CFP) credit:  3.0 hours
Kentucky Society of CPAs:  2.5 hours CPE

ABOUT THIS SEMINAR

Philanthropic clients are faced with a menu of options when deciding on the form their giving will take. Advisors who understand the importance of helping the client evaluate the legal structure, the administrative and management responsibilities, as well as the duration and cost of their choice, provide a valuable service to their clients. The myriad of legislative and statutory regulations surrounding the creation and administration of a philanthropic vehicle, and the specter of incurring penalties for an unintended violation of the rules can seem overwhelming to the uninitiated.

Kathyrn Miree will take you through the challenges of helping your client choose a philanthropic form and deal with the legislative issues. She’ll guide you through the advantages and disadvantages of seven practical options for family philanthropy, and help you craft a client conversation that will gather all the critical facts for making the best decision about a philanthropic form for your client. And if your client has chosen an inappropriate charitable giving vehicle, you will learn how to change gears to implement a new option that resolves the issues.

Seminar Topics:  This interactive seminar is designed to help advisors better understand:

• The challenges in choosing a philanthropic form
• Seven practical options for family philanthropy
  • Private foundations
  • Supporting Organizations
  • Donor Advised Funds
  • Charitable Lead Trusts
  • “Charitable” Revocable Trusts
  • Partnership with the Charity
  • “Kitchen Table” Philanthropy
• The Client Conversation – gathering the critical facts
  • Client’s personal goals
  • Size of philanthropic commitment
  • Duration of entity
• Other Determinants: assets used, cost of creation, role of family and self-dealing, and grantmaking support
• Changing gears when your client selects an inappropriate philanthropic form
  • Changing private foundation to other philanthropic form
  • Supporting organization may default to private foundation
  • Changing a donor advised fund to other philanthropic forms
  • Changing a charitable lead trust to other philanthropic forms
  • Changing the form or purpose of a permanent endowment with a family advisory committee

Our Guest Speaker:  

KATHRYN W. MIREE is President of Kathryn W. Miree & Associates, Inc., a consulting firm that works with boards and staff of nonprofits and foundations to develop administrative policies, structure, and planned giving programs. She received her undergraduate degree from Emory University and her law degree from The University of Alabama School of Law. She spent 15 years in various positions in the Trust Division of AmSouth Bank where she was the manager of the Personal Trust Department before joining Sterne, Agee & Leach, Inc. to start its trust company. She established Kathryn W. Miree & Associates, Inc. in 1997.

Ms. Miree is a past president of the National Committee on Planned Giving, a past president of the Alabama Planned Giving council, a past president of the Estate Planning Council of Birmingham, Inc. and a past member of the Board of the National Association of Estate Planners & Councils. She currently serves on the board of the United Way of Central Alabama, Inc., as a member of the Merrill Lynch National Attorney Advisory Board, and as the American College Wallace Chair/Chartered Advisor in Philanthropy Advisory Board.

Ms. Miree is a frequent lecturer, co-author of The Family Foundation Handbook with Jerry J. McCoy (CCH Publishers) and author of The Professional Advisor’s Guide to Planned Giving (CCH Publishers). She serves on the Editorial Advisory Boards of Planned Giving Today and Planned Giving Design Center.  Her clients include a variety of nonprofits and foundations across the country.


KATHRYN W. MIREE
PRESIDENT
KATHRYN W. MIREE & ASSOCIATES, INC.
P. O. Box 130846
Birmingham, Alabama 35213
205-939-0003
205-939-3781 (fax)
kwmiree@kathrynmireeandassociates.com
www.kathrynmireeandassociates.com

For More Details:  Contact Linda S. Speed, J.D., Vice President, Development & Stewardship for The Community Foundation of Louisville, at 502.585.4649 or lindas@CFLouisville.org.

Registration:  While there is no charge to attend the seminar, advance registration is required because seating is limited. To reserve your place, complete and submit the registration form at the top of this page. Your registration will be confirmed by email.