Helping Others Give
CWCF Advisor Seminar
4 June 2014
www.cwcfoundation.ca
Today’s Objectives
› To help your clients access philanthropic
giving
› To increase your client’s understanding of our
Com...
Today’s Agenda
› Introductions John Morris
› Philanthropy Background: Randall Howard
– Role of Community Foundations
– Wha...
Growth in Personal Wealth
Sources: Investor Economics, StatsCan
Affluent households
1995 2012
910
billion
9.4
trillion
Net...
Growth in personal wealth (High Net Worth)
$1.7 trillion to $3.4 trillion
Transfer of wealth:
Growth in giving
i n v e s t i n g i n c o m m u n i t y
WHAT
is a community foundation?
people connected by geography…
and to each other
communitycommunity
foundationfoundation
a platform for growth
a platform for building community
foundationfoundationcommunitycommunity
We are a tax-exempt public charity created by and for
the people of Centre Wellington.
Our mission is to
strengthen our co...
Endowment building &
Personalized service
Endowment building &
Personalized service
feature
one
› Identify charitable giving options
› Customize giving approaches t...
local grantmaking expertise
Local grantmaking expertisefeature
two
Making a difference where it is needed most
Arts & culture
Children & youth
Educati...
community
leadership
› Act as a community catalyst
› Build endowments to ensure grants are always
available to support the community
› Support ...
Local grantmaking expertiseLocal grantmaking expertise
Endowment building & Personalized serviceEndowment building & Perso...
1921 First Canadian community foundation
established in Winnipeg, Manitoba
today More than 191 community foundations acros...
Our Numbers: Funds
Asset base about $250,000 in seven funds:
– Community Fund (greatest needs)
– Cedarcliff Fund (arts & c...
Our Numbers: Granting
www.cwcfoundation.ca
0
5000
10000
15000
20000
25000
30000
2010 2011 2012 2013
CWCF Granting ($)
› 20...
Involved Community Leaders
• Board: Randall Howard (Chair), Nancy Wood (Secretary), Jean
Prichard (Treasurer), Michael Cha...
www.cwcfoundation.ca
Donor Scenarios
Jean Prichard
Charitable Instruments
› Outright Gifts
Give cash, stocks, real estate or other assets
› Appreciated Securities
Eliminate ...
Charitable Instruments
› Life Insurance
Designate a community foundation to
receive a portion or all proceeds from policy
...
Benefits During Earnings Phase
› Bonus or retiring allowance
› Large gain in stock portfolio
› Other taxable windfalls
› M...
Benefits During Retirement Phase
› RRIF withdrawals
› Large capital gains on sale of property e.g.
cottage
= tax savings a...
We Are Here For You
› 1 888 713 4083
› info@cwcfoundation.ca
› PO Box 436, Fergus ON N1M 3E2
“We make a living by what we ...
Upcoming SlideShare
Loading in …5
×

CWCF Professional Advisors Event 4 June 2014

316 views

Published on

Slides from an event by Centre Wellington Community Foundation for local Professional Advisors to assist their clients. The event was held on 4 June, 2014 at Elora Centre for the Arts.

Published in: Self Improvement
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
316
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

CWCF Professional Advisors Event 4 June 2014

  1. 1. Helping Others Give CWCF Advisor Seminar 4 June 2014 www.cwcfoundation.ca
  2. 2. Today’s Objectives › To help your clients access philanthropic giving › To increase your client’s understanding of our Community Foundation and the services we can provide › To strengthen our relationships with advisors serving our community www.cwcfoundation.ca
  3. 3. Today’s Agenda › Introductions John Morris › Philanthropy Background: Randall Howard – Role of Community Foundations – What is CWCF › Donor Scenarios Jean Prichard › Open discussion All › Wine and networking www.cwcfoundation.ca
  4. 4. Growth in Personal Wealth Sources: Investor Economics, StatsCan Affluent households 1995 2012 910 billion 9.4 trillion Net worth of $500K+, not including primary residence
  5. 5. Growth in personal wealth (High Net Worth) $1.7 trillion to $3.4 trillion Transfer of wealth:
  6. 6. Growth in giving i n v e s t i n g i n c o m m u n i t y
  7. 7. WHAT is a community foundation?
  8. 8. people connected by geography… and to each other communitycommunity
  9. 9. foundationfoundation a platform for growth
  10. 10. a platform for building community foundationfoundationcommunitycommunity
  11. 11. We are a tax-exempt public charity created by and for the people of Centre Wellington. Our mission is to strengthen our community by helping donors achieve their giving goals and by helping non-profits find resources to support their important work.
  12. 12. Endowment building & Personalized service
  13. 13. Endowment building & Personalized service feature one › Identify charitable giving options › Customize giving approaches to match personal interests and tax planning needs › Facilitate complex forms of giving › Share knowledge on community priorities › Offer grantmaking expertise and administrative services › Offer involvement in recommending uses of a gift › Help people create personal legacies via named funds › Provide the option to give anonymously Creating solutions that fit every situation
  14. 14. local grantmaking expertise
  15. 15. Local grantmaking expertisefeature two Making a difference where it is needed most Arts & culture Children & youth Education Environment Health Social services Sports & recreation Seniors › Gather information and track local agencies and programs › Direct grants and resources to appropriate areas › Local organization with local staff and board members › Knowledge of community issues, opportunities, and resources › Monitor all community needs…
  16. 16. community leadership
  17. 17. › Act as a community catalyst › Build endowments to ensure grants are always available to support the community › Support high impact opportunities › Are governed by leaders with strong ties to our community › Foster development of new organizations and programs › Re-direct funds as community needs change Community leadershipfeature three Our business is building community
  18. 18. Local grantmaking expertiseLocal grantmaking expertise Endowment building & Personalized serviceEndowment building & Personalized service Community leadershipCommunity leadership
  19. 19. 1921 First Canadian community foundation established in Winnipeg, Manitoba today More than 191 community foundations across Canada › Serving citizens across the country › More than $3.5 billion in assets › More than $176 million in local grants each year › And growing! 2009 [Centre Wellington Community Foundation established by Harry Panjer from discussions in Cultural Affairs Committee foundation facts A Brief History of a Movement
  20. 20. Our Numbers: Funds Asset base about $250,000 in seven funds: – Community Fund (greatest needs) – Cedarcliff Fund (arts & culture) – Elma & David Jack Youth Recreation Fund – Elora Green Space Fund – Kath Hammond Literacy Fund – Middlebrook Social Innovation Fund – Community Leadership Fund (CWCF sustainability) www.cwcfoundation.ca
  21. 21. Our Numbers: Granting www.cwcfoundation.ca 0 5000 10000 15000 20000 25000 30000 2010 2011 2012 2013 CWCF Granting ($) › 2013 grants: $25 965 › Cumulative: $60 000 › 40 diverse grants
  22. 22. Involved Community Leaders • Board: Randall Howard (Chair), Nancy Wood (Secretary), Jean Prichard (Treasurer), Michael Chapman, Toni Ellis, Brent Hallman, John Kissick, John Morris, Alan Riddell, Bronwynne Wilton • Advisors: Doug Jack, Cindy Lindsay • Asset Development: John Morris • Communications: Brent Hallman, Curt Hammond, Lauren Hallman, Sam Clouthier • Granting: Bronwynne Wilton, John Morris • Vital Signs: Toni Ellis, Jason Thompson, Carolyn Skimson, Lauren Hallman www.cwcfoundation.ca
  23. 23. www.cwcfoundation.ca Donor Scenarios Jean Prichard
  24. 24. Charitable Instruments › Outright Gifts Give cash, stocks, real estate or other assets › Appreciated Securities Eliminate capital gains tax by giving to a community foundation › Bequests Designate a portion of an estate www.cwcfoundation.ca
  25. 25. Charitable Instruments › Life Insurance Designate a community foundation to receive a portion or all proceeds from policy › Charitable Remainder Trust Trust pays beneficiary for life and then assets transfer to community foundation www.cwcfoundation.ca
  26. 26. Benefits During Earnings Phase › Bonus or retiring allowance › Large gain in stock portfolio › Other taxable windfalls › Monthly split giving = tax savings and money flowing to community www.cwcfoundation.ca
  27. 27. Benefits During Retirement Phase › RRIF withdrawals › Large capital gains on sale of property e.g. cottage = tax savings and money flowing to community www.cwcfoundation.ca
  28. 28. We Are Here For You › 1 888 713 4083 › info@cwcfoundation.ca › PO Box 436, Fergus ON N1M 3E2 “We make a living by what we get. We make a life by what we give” Winston Churchill www.cwcfoundation.ca

×