River Bluff Community Foundation Hosts Professional Advisors
River Bluff Community Foundation held an educational luncheon for professional advisors on Tuesday, May 7. The event was part of an initiative to build lasting relationships in the community and connect generous donors with causes they care about to support nonprofits and address community needs.
More than 20 professional advisors, attorneys, bankers, River Bluff Community Foundation advisory board members and community leaders attended from the Clinton area and as far as DeWitt and Maquoketa. The luncheon was funded by a capacity building grant from the Iowa Council of Foundations.
“The presentation was incredibly interesting and fast-paced, and provided concrete information on strategies for managing assets and charitable giving,” said Carol Machael, a founder of the River Bluff Community Foundation. “The Community Foundation is committed to providing relevant continuing education to our area financial advisors, and we are already planning for next year's presentation.”
Event presenter Bill Gustoff, legal division president of Thompson & Associates, has extensive experience assisting businesses and individuals with their transactional, real estate and estate planning matters. He has helped clients minimize or eliminate taxes and administration expenses, meet their philanthropic goals, and plan for the passing of business and personal assets to future generations.
The River Bluff Community Foundation can help clients of professional advisors accomplish their charitable goals through a variety of giving options, including IRA rollovers, gifts of appreciated assets and legacy planning, all utilizing the generous Endow Iowa 25% state tax credit. Attendees also learned about how new tax laws impact charitable giving.
“Relationships with professional advisors are valuable tools to share the mission of the foundation with the community,” said Patti Hoffman, River Bluff Community Foundation philanthropy coordinator. “These relationships are building blocks used to create partnerships that build strong communities.”