Presented by Ron Brown on June 18, 12:00-1:00 pm
Join us for an eye-opening survey of gift planning in America, including important roles played by Philadelphia. Topics include:
- When did charitable bequests, trusts & annuities first appear in America? We begin at the beginning, with planned gifts by Mayflower Pilgrims, John Harvard, and other early colonists. That is the only way to understand what comes later.
- Philadelphia provided leadership in American gift planning in many ways. Ben Franklin invented “crowd funding” and other innovations for The Pennsylvania Hospital; Stephen Girard’s bequest changed national policy on charitable trusts; and Philadelphia actuary George Huggins introduced data-based decision-making into American philanthropy.
- A national class-action lawsuit threatened 1,900 U.S. nonprofits with triple damages over gift annuities. Why the Philanthropy Protection Act of 1995 remains important for gift planners.
- Tax reforms in 1969 and 1986 led to a great wave of life-income gifts but opened the door to self-dealing abuses. A new national association of charitable gift planners provided ethical standards, advanced professional training, and networking.
Registration is $15 for non-members of the Planned Giving Council of Greater Philadelphia: https://pgcgp.org/event-3585700
Gift Planning History 