21 Sep Continuing Education Credits for Professional Advisors Breakfast
On Friday, October 21st at 8AM, Professional Advisors are invited to join the Community Foundation of Grant County for a free breakfast and 3 hours of Continuing Education Credits with speaker, David Bennett, President Community Foundation Research and Training Institute.
“Federal tax laws regarding charitable giving have changed dramatically in the last few years – and more changes are on the horizon,” said David Bennett, President Community Foundation Research and Training Institute. “In this seminar, we will review recent changes in federal tax law, as well as tax-smart options for your clients. Topics to be covered include federal income and estate taxes, Qualified Charitable Distributions, tax implications of noncash gifts, gifts with income, and retained life estates.”
“Philanthropy should be fun, it should be simple and flexible, it should offer tax benefits and professional management with public accountability and transparency,” said Dawn Brown, President and CEO. “Which is what we offer to your clients. Some of the greatest opportunities to make charitable gifts arise when making major business, personal, and financial decisions. Let us help.”
“Strong community foundations help build strong communities which is what we all want,” said Shelly Jones, Development Manager. “We know our Professional Advisors care about their clients and helping them meet their financial and charitable goals. At this breakfast we will learn more about the ways we can partner with advisors to help them build stronger relationships with clients and connect across generations.”
Many professional advisors who attend a tax seminar offered by the Community Foundation Research and Training Institute (CFRTI) wish to use their attendance towards their profession’s continuing education requirements. We believe the seminar does qualify, subject to the items noted below.
Those attending the seminar should receive a course certificate with the following information:
• Name of participant
• Program name
• Date of program
• Hours of attendance
• Completion date
• Subjects covered
• The number of continuing education hours
• Signature of program provider
These certificates should not be distributed until the program is completed. Participants will be responsible for submitted proof of attendance based on the reporting requirements of their profession.
The seminars offered by CFRTI are considered to be group study for accountants. Group study is defined as education received through real-time interaction with an instructor. Participation may be in a classroom, conference room setting, telephonic, or by using the internet. Courses that qualify in the CPA minimum hour requirement must be formally organized, primarily instructional and contribute directly to professional competence in the practice of public accountancy.
For attorneys attending the seminar, the course is considered traditional education of a non-legal subject. Generally, traditional courses have faculty in the room. For traditional presentation methods, the course must provide a discussion leader or two-way communication, a classroom setting away from attorneys’ offices, an opportunity to ask questions, and attendance must be monitored at the attendance site.
Attorneys are responsible for self-reporting their attendance. To be considered timely, such proof of attendance must be received no later than 30 days after the course,
Other Professional Advisors
Continuing education requirements vary by profession. Financial planners, investment advisors and real estate agents may be eligible for continuing education credits for attending the course. Participants in attendance from those fields should check with their regulatory organization’s requirements to ensure that this course is eligible for credit.
Learn more about the Community Foundation of Grant County by visiting GiveToGrant.org. RSVP before October 7th by calling 765-662-0065 or emailing RSVP@GiveToGrant.org.
About the Community Foundation of Grant County, Indiana, Inc:
The Community Foundation of Grant County, Indiana, Inc. is an advocate for local philanthropy and is dedicated to improving the lives of people in the Grant County area. An effective steward of the community’s charitable resources since 1984, the Foundation works with donors to establish charitable funds and supports nonprofit organizations through a variety of grantmaking efforts. The Community Foundation connects people, resources, and causes to promote sustainable impact for the betterment of Grant County. Currently the Community Foundation holds over 400 charitable funds that support a variety of charities and charitable causes in Grant County. For more information, please visit www.GiveToGrant.org or call 765-662-0065.
About David Bennett:
From 1995 to 2018, David served as the Executive Director of the Community Foundation of Greater Fort Wayne. During that time, assets grew from $30 million to $150 million, and annual grantmaking from $1 million to $10 million. David twice served as the chair of the Community Foundation Committee of the Indiana Philanthropy Alliance.
David earned his Bachelor’s degree in Economics from Williams College, and Masters in Public Affairs from Princeton University. David is the past president of the Fort Wayne Rotary Club and has been recognized as a Paul Harris Fellow. He currently serves as the President of the Fort Wayne Quest Club.