Wednesday, January 6, 2021

Endowments, Foundations and Planned Giving in 2021: What is changing and what will stay the same?

Over the past four years, there have been significant changes to philanthropy under Federal tax law. Following the election and as we move into 2021, gift planners will be looking for more clarity around potential policy changes that will affect their donors. Join us for a presentation and discussion of the political landscape and the challenges and opportunities for charitable giving that we may expect going forward.

Handout

Speaker: Nina Cohen, Director of Endowment and Foundation Advisory, Glenmede Trust Company N.A.
Speaker Bio: Nina L Cohen is Director of Endowment and Foundation Advisory. Ms. Cohen and her team provide advisory and administrative services to foundations, endowments, and other not-for-profit organizations. In addition, she assists individuals, families, and organizations with charitable gift planning and the development of philanthropic strategies.

Prior to joining Glenmede, Ms. Cohen practiced law with a concentration in trust, estate charitable and business planning; complex estate and trust administration; elder law; and estate planning for parents of children with developmental disabilities. She also served as the Executive Director of a local community foundation.

Ms. Cohen received her J.D., cum laude, from the University of Pennsylvania and her undergraduate degree in social work, summa cum laude, from Temple University. Active in many community organizations, Ms. Cohen currently serves as a Board member of Samost Jewish Family & Children’s Services and Philanthropy Network of Greater Philadelphia, and is on the Board of Advisors of the Jewish Community Foundation of Southern New Jersey (past President).

Ms. Cohen frequently lectures on fiduciary responsibilities, best practices, strategic grant making, planned giving, leadership succession and legal issues for foundations and other not-for-profit organizations.

Speaker: Mark Hays, Director of Sustainable & Impact Investing
Speaker Bio: Mark Hays is Director of Sustainable & Impact Investing. In this role, he provides strategic leadership of Glenmede’s sustainable and impact investing efforts. Mark and his team are responsible for the development of new investment capabilities, the creation and delivery of innovative thought leadership, and the deepening of relationships with clients and industry partners.

Previously, Mr. Hays served as Vice President of Sustainable Investing for J.P. Morgan Asset Management. In this role, he developed an enhanced ESG integration framework and led its implementation for more than 25 investment teams, while helping to create and launch three sustainable investment strategies. Before this role, he served as Vice President of Impact Investments for Flat World Partners, where he oversaw a team responsible for sourcing, investment due diligence, impact analysis, and recommendation of opportunities for sustainable thematic portfolios representing over $1 billion in institutional capital. Mark started his career at Cambridge Associates.

Mr. Hays earned a Master of Business Administration from the London Business School and a Bachelor of Science degree in business from Wake Forest University.

Speaker: Richard Miller, Senior Relationship Manager and Wealth Advisor, Glenmede Trust Company N.A.
Speaker Bio: Richard Miller ("Dutch"), CFP, is a Wealth Advisor in Glenmede's Washington, D.C. office. In this role, he is responsible for providing thoughtful wealth management advice, solutions for fiduciary, charitable, financial, and wealth transfer planning, and trust and account administration. Mr. Miller partners with investment, tax and wealth planning colleagues to understand client goals, provide tailored guidance and ensure clients' wealth management objectives are fulfilled. Mr. Miller brings over 20 years of experience advising individual and families, and specializes in trust and estate planning, tax planning and trust administration.

Prior to joining Glenmede, Mr. Miller served as a Senior Relationship Manager at Northern Trust, where he provided trust administration and service, as well as financial planning to complex relationships. Previously, Mr. Miller was one of the founding members of the Northern Trust Company of Delaware, and has served as the Director of Development for a number of non-profits and educational organizations.

Mr. Miller earned a Bachelor of Arts degree in American history from Yale University and a Juris Doctor degree from Vanderbilt University. He is a CERTIFIED FINANCIAL PLANNER and a member of the Washington, D.C. and Montgomery County Estate Planning Councils, and STEP (Society of Trust and Estate Practitioners).

Speaker: Thomas Moore, Relationship Manager
Speaker Bio: Thomas Moore is a Relationship Manager based in Glenmede’s Philadelphia office. Mr. Moore provides comprehensive advisory and administrative services to endowments, foundations and other not-for-profit organizations. Mr. Moore leads clients toward accomplishing their philanthropic goals through his experience in administrative best practices as well as grants, foundation and board management.

Prior to joining Glenmede, Mr. Moore worked at the Merrill Lynch and U.S. Trust subsidiaries of Bank of America Corporation. He served as an Internal Trust Specialist with responsibility for educating clients on philanthropic and wealth transfer techniques. He also led a team of trust professionals responsible for the management of institutional nonprofit client accounts. Previously, Mr. Moore served as the Director of Philanthropic Services for the Berks County Community Foundation in Reading, PA.

Mr. Moore received a Master of Laws degree in Taxation from Villanova University School of Law and a Juris Doctor degree, magna cum laude, from the Dickinson School of Law. He earned his Bachelor of Arts degree, magna cum laude, in history and political science from Gettysburg College. Mr. Moore has been actively involved in a variety of charitable activities, most notably his service to the Gettysburg College Alumni Association and the world champion Reading Buccaneers Drum & Bugle Corps, where he was inducted into the Buccaneers Hall of Fame in 2015. He is also on the Board of Directors of the Delaware Valley Legacy Fund.