New Donor Advised Fund for Financial Advisors

The National Philanthropic Trust, in partnership with Concord Equity Group Advisors, have launched a new donor advised fund offered exclusively to independent financial advisors, brokers, estate planners, accountants, trust officers, wealth managers and other professionals. The new program, the Independent Charitable Gift Fund, is also the first donor advised fund to invest in exchange-traded funds.

“Charitable giving is a fundamental element of financial planning and an important addition to the services offered through our wealth management infrastructure,” said Alan Gavornik, Co-Founder and Executive Managing Director of Concord Equity Group Advisors. “The Independent Charitable Gift Fund provides institutions, advisors, and investment representatives with the tools to do well by doing good through sophisticated, high-touch philanthropic services that will deepen their client relationships, while maximizing tax-efficient philanthropy.”

This is the first donor advised fund to invest in exchange-traded funds for low cost, diversified and efficient investment performance. In addition, the program can accept the widest variety of assets – appreciated securities, restricted stock, privately-held stock, real estate and more. The program also provides competitive compensation to advisors that improves their bottom line.

"Advisors will benefit from our expertise and experience," said Eileen Heisman, President & CEO, of NPT. "NPT will provide comprehensive support to help advisors effectively market the program to your existing clients, identify and cultivate prospects, and to attract new clients."

“NPT’s relationship with Concord Equity Group Advisors is truly a win-win,” said Heisman. “NPT has expanded its philanthropic reach to a greater number of individuals interested in making charitable gifts, while Concord has instantly acquired the technical, nonprofit, and operating knowledge necessary to get their program up and running in time for giving season. Our donor-advised fund platform empowers any financial services provider to offer an important and growing service to their clients almost immediately,” she added.

Advisors interested in obtaining more information about the program should contact Andrew Hastings, Vice President, National Philanthropic Trust toll-free at (888) 878-7900.

Charitable Gift Annuity Calculator

Calculate your payout from a charitable gift annuity for one or two lives with this simple charitable gift calculator from PGCalc.

Seen and Be Seen - Upcoming Conferences

Make your reservations now and chase away the winter blues by attending these conferences:

40th Annual Heckerling Institute on Estate Planning
January 9-13
Fountainbleu Hilton Resort
Miami Beach, FL
Sponsored by the University of Miami Law School
(305) 284-4762

2006 Mid-Winter Tax & Estate Planning Conference
January 15-22
St. Croix, U.S. Virgin Islands;
Sponsored by the National Law Foundation
(302) 656-4757

2006 Family Office Management Conference
January 30 - February 1
The Biltmore Hotel
Coral Gables, FL

How You Can Help The Victims of Asia Earthquake and Tsunamis

The following organizations have the proven expertise to mitigate the damage from this disaster in both the near and long term. All have a long-term presence in the region, and currently have emergency teams on the ground to provide needed relief assistance to victims:

Save the ChildrenAsia Earthquake/Tidal Wave Relief Fund
54 Wilton Road
Westport, CT 06880
(800) 728-3843

Mercy Corps
PO Box 2669
Portland, OR 97208
(800) 852-2100

Doctors Without Borders/Medecins Sans Frontieres
PO Box 2247
New York, NY 10116-2247
(888) 392-0392

Oxfam America
Attn: Donor Services Dept.: Asian Earthquake Fund
26 West Street
Boston, MA 02111-1206
(800) 77-OXFAM

The Asia Foundation
Give2Asia
465 California Street, 9th Floor
San Francisco, California 94104-1832
(415) 743-3336

Helping the Victims of the South Asia Earthquake and Tsunamis

According to the Wall Street Journal a multibillion-dollar disaster-recovery package is going to be needed for the countries worst affected by a tsunami that hit southern Asia from India to Thailand, killing thousands of people. While the World Bank, United Nations, and others will provide aid, Americans looking to make a charitable donation to help should contact the American Red Cross International Response Fund or the Asia Foundation. If we identify other names we will post them here.