Nutter McClennen & Fish LLP
155 Seaport Boulevard
Boston MA 02110
On December 20, 2017, Congress passed the most extensive package of reforms to the United States income tax system since the overhaul of the tax code in 1986. The breadth and magnitude of the final version of the tax reform bill, generally referred to as the Tax Cuts and Jobs Act, will impact almost all taxpayers (whether individuals, businesses, trusts or estates). The law contains significant new provisions, some of which represent major changes to the current U.S. tax system, such as the international tax provisions, the new deduction for pass-through income, and the 21% corporate rate. Although tax rates generally have decreased, taxpayers may lose the benefits of certain deductions and credits that are being eliminated or materially limited. It is essential that taxpayers – and their advisors – account for these changes in their immediate and long-term tax planning (which is further complicated by the fact that many of the changes will automatically expire at the end of 2025).
In this session, Elizabeth Norman and Andrew M. Golden, both attorneys at Nutter McClennen & Fish LLP, will discuss the income and wealth transfer tax changes introduced by the Tax Cuts and Jobs Act and how to incorporate these reforms into current and future tax planning.
Elizabeth M. Norman, a partner in Nutter’s Tax Department, advises private investment funds and public and private companies on a broad range of tax issues involved in mergers, acquisitions and restructurings. Clients frequently turn to Elizabeth for counsel on real estate taxation issues, including the tax-efficient structuring of real property investments, and she represents lenders and borrowers in a variety of financing transactions. Clients rely on Elizabeth’s extensive experience in domestic and international corporate restructurings and U.S. and cross-border tax issues. Specializing in strategic guidance for tax-exempt and non-U.S. investors, she represents private equity funds and investors in fund formations and secondary sales of fund interests. Elizabeth is also an active member of the Boston Bar Association. She serves as director and vice president of governance for the Massachusetts National Organization for Women and previously served as a director of the Boys & Girls Club of Middlesex County.
Andrew M. Golden is an associate in Nutter's Private Client Department. Andrew’s practice ranges from relatively straightforward estate planning for young families to more sophisticated plans, with a focus on minimizing estate, gift and generation-skipping transfer taxes. Andrew advises personal representatives and trustees in the areas of estate and trust administration, including the preparation of estate tax returns. He also assists private foundations with grantmaking and compliance issues.
Monday, April 30, 2018
3:00 to 4:30 PM
United Way of Massachusetts Bay and Merrimack Valley
51 Sleeper Street
Boston, MA 02210
How do you know if you have a donor who could make that visionary gift for your institution? Once the conversation begins to unfold and progress, how do you prepare your organization for what this new reality will be? And, then, what’s the new donor relations order? It is a new reality. Join Beth Kramer, Associate Dean at Harvard Graduate School of Design, and Michael Voligny, Vice Dean of Development Strategy and Special Projects at the Harvard Chan School of Public Health, for an honest conversation about what a visionary gift means for your institution.
Beth Kramer joined the External Relations team at the Harvard Graduate School of Design (GSD) in February 2011 and became the Associate Dean for Development and Alumni Relations in September 2012. She is responsible for leading the GSD’s capital campaign and building a new philanthropic model for the School. Prior to the GSD, Beth served as Assistant Dean for Development at the Harvard Kennedy School and oversaw the School’s Major Gifts team. Before traveling across the river to Harvard University, Beth was engaged in major gift leadership roles at Northeastern University, Brandeis University, Hebrew College and New England Conservatory of Music. Each of these institutions were at critical strategic growth stages in their development programs and these opportunities provided ripe environments to test new ideas, foster innovation and nurture and mentor many talented early career professionals. Beth is a former board member of Women In Development and the Needham Education Foundation. A native of Youngstown, Ohio, she received her BA in Public Administration and Political Science from Ohio Northern University and pursued additional studies in the Administration Management program at Harvard Extension School. Beth and her family reside in Needham, Massachusetts.
Michael Voligny is vice dean for development strategy and special projects at the Harvard T. H. Chan School of Public Health. Before assuming this position, he served as vice dean for the Office of External Relations, associate vice dean for advancement and director for international giving at the School, focused on building relationships both domestically and internationally and helped to advance the mission of School. At Harvard since 1989, Mr. Voligny worked for the University Development Office where he was assistant director of East Asia operations and at the Graduate School of Design where he oversaw fundraising activities. Mr. Voligny is a graduate of Washington University (St. Louis, Missouri) where he earned his bachelor’s degree in architecture and archaeology, and his master’s degree in architectural history.
Monday, February 5, 2018
3:00 pm - 4:30 pm
George McCully, founder and CEO, Catalogue for Philanthropy
A Possible New Paradigm for 21st Century Philanthropy: Transformation of the Governing Model?
Nutter, McClennen & Fish, LLP
155 Seaport Boulevard, Boston
be sure to rsvp, building management requires pre-registration
Everyone in philanthropy knows that changes are accelerating all around us, powered by computers and the Internet. Few, however, have connected the dots to discern any coherent structural and strategic pattern.
George McCully is one of our senior members - founder and CEO of the Catalogue for Philanthropy, Trustee of Boston's Ellis L. Phillips Foundation, co-founder and Trustee of the Community Foundation for MetroWest. Professional philanthropy is however his second career; his training was in Renaissance history, which he taught for nearly 20 years.
In 1998 George published two articles in Foundation News asking whether philanthropy was entering a classic "paradigm shift" - i.e., a complete transformation of the 20th-century governing model of our field - its economics, demographics of wealth, vocabulary, conceptualization, rhetoric, infrastructure, and modes of operation.
Developments since then have confirmed his analysis, which he summarized in his 2008 book, Philanthropy Reconsidered, and has since described in numberous papers and articles as it has unfolded. To adapt the Catalogue to emerging innovations, he has also created various practical internet-based instruments for its mission of "donor education, to increase charitable giving." In 2011 the Catalogue launched an innovative prototype donor education system, the "Philanthropic Directory", which in 2016 was awarded the first U. S. patent for the field of philanthropy.
George has studied possible strategic directions our field might be taking, and he now believes the outlines of a New Paradigm are discernible, which will affect how all of us operate. His BPART talk will describe the current paradigm-shift, comparing the Old Paradigm of the 20th century with the emerging New Paradigm for this century, including what he considers possibly the outcomes of this historic transformation.
Monday, October 16
Voluntourism: Opportunities and Challenges for Philanthropic Travel
100 Federal St., 10th fl Boston
Dominique Callimanopulos will be speaking to BPART about the opportunities and challenges of voluntourism, a surging trend in today’s travel marketplace.
Dominique is the Founder and CEO of the Boston-based Elevate Destinations, a philanthropic travel company directed towards social and environmental good. With a background in Anthropology (Wesleyan BA) and a Masters in Psychology (M.Ed), Dominique worked with many international non-profits prior to founding Elevate Destinations in 2005.
Elevate Destinations is a leader in pioneering donor travel for A-list non-profit organizations as well as private trips for families and individuals seeking to engage with community and conservation initiatives abroad. Last year, Elevate Destinations received the Gold World Responsible Tourism Award for its innovative Buy A Trip, Give A Trip program, which sponsors local trips for youth to get to see the same sites enjoyed by tourists.
Dominique is also an advisor to The Ocean Foundation and a Board member of Asilia Giving, which funds community and conservation projects in East Africa. She travels broadly, but considers Kenya a second home.
BPART is pleased to present our upcoming November program in partnership with the Social Innovation Forum.
Monday, November 6, 2017
3:00 pm to 4:30 pm
The Social Innovation Forum
1 Congress Street, Suite 113
Boston, MA 02114
Helping Clients Climb the “Philanthropic Curve”
Why are some givers content doing good work, while others make life more challenging by remaining restless in their pursuit of better? In this session, we'll explore initial findings in qualitative research behind the gap between these two types of givers. This research, driven by Patrica Annino and Gerry Donnellan, is built around the “Philanthropic Curve” identified by The Philanthropic Initiative. The purpose of this effort is to help advisors to wealth families identify traits, attributes or practices that might help them nudge their clients into a more vigorous scramble up the steep slope of “the curve”.
Jim Coutre works with family offices and families on the issues that matter most at the end of the day. His work is rooted in his time as Partner at The Philanthropic Initiative, which helps ultra-high net worth families develop a focus and strategy for their values-and-interests-based giving. In addition to his philanthropic advising work, Jim led TPI’s efforts to research and advance the interactions between professional advisors and their clients around philanthropy. Jim currently serves as faculty for the Family Firm Institute's certificate programs, teaching their advanced class in philanthropy.
Directions to the Social Innovation Forum (SIF)
When you arrive, please check in with security and take an elevator to the 11th floor. Walk straight and SIF is located in the office on the left labeled Next Mile Project.
Public Transit Directions:
Orange and Green Line: Get off at the Haymarket Square Station. The entrance to the building is on the corner of Congress and New Chardon.
Blue Line: Get off at Bowdoin Station, and walk down New Chardon St. to the entrance on the corner of New Chardon and Congress. Alternatively, at the Government Center Station switch to the Green Line heading towards Lechmere Station. Get off at the Haymarket Square Station. The entrance to the building is on the corner of Congress and New Chardon.
Red Line: Get off at the Park Street Station and take the Green Line heading towards Lechmere Station. Get off at the Haymarket Square Station. The entrance to the building is on the corner of Congress and New Chardon.
SIF’s new office at One Congress Street is on the top floor of the Government Center Garage. If you are using navigation, the entrances to the garage are located at 50 Sudbury Street, Boston MA 02115 and on New Chardon Street. If you are driving, we recommend the Spot Hero App which usually finds the best price for parking near our office. The Government Center Garage usually has a substantial discount using Spot Hero.
Alternatively, if you are planning on stopping by the Boston Public Market while you are in the neighborhood, the Boston Public Market parking lot offers validated parking with purchase from a vendor for $1 per hour for three hours. Our offices are located diagonally from the market.
Monday, September 25
3:00 - 4:30 pm
at Nutter, McClennen & Fish
155 Seaport Blvd., 5th floor, Boston
The New Donor Engagement Reality:
Shifting Strategies in Today’s Social Impact Culture
Ann-Marie Harrington will lead a discussion on the changing behaviors and expectations of donors in the new work-life-community paradigm. She will describe research behind the emergence of today's social impact culture and what it means for online donor engagement and donor satisfaction. Ann-Marie will dig into the drivers for creating authentic social engagement in a marketplace where everything has changed about how messages resonate with donors. She will also touch on demographic trends in online giving with a focus on the growing popularity of donor-advised funds, and well as the extreme demands on philanthropy professionals for relevant content to reach their audiences.
Ann-Marie Harrington is a partner in Embolden. Founded in 1998, Embolden has built a track record as a leading digital communications and marketing firm specializing in high-growth sectors, such as financial services, philanthropy, and health care. Embolden's client base has included more than 100 community foundations. Ann-Marie also serves as executive vice presidents for DFX Social Impact at Indianapolis-based RenPSG, which offers technology-enabled business services and supports nearly $17 billion in assets.
Ann-Marie has served on a variety of boards and is currently on the Board of the Rhode Island Foundation. She earned both a degree in business administration from Bryant University and a Master of Social Work degree from Rhode Island College.
Be Part of BPART Annual Networking Gathering
Monday, May 15, 2017
3:00 pm to 4:30 pm
Nutter McClennen & Fish LLP
155 Seaport Blvd., 5th floor
Boston MA 02110
Harvard’s Social Enterprise Initiative – Making a Difference
Matt Segneri serves as the Director of the Social Enterprise Initiative (SEI) at Harvard Business School, whose mission is to educate, support, and inspire leaders across all sectors to solve society’s toughest challenges and make a difference in the world. Matt will lead a discussion about the importance of tri-sector athletes and cross-sector collaboration. He will also highlight how programming at SEI connects MBAs to the public and social sectors, spotlight new and interesting gifts to organizations like Bloomberg Harvard City Leadership Initiative and the Knight-Hennessy Scholars, and address other important trends and areas for opportunity.
Prior to joining HBS, Matt served as a senior leader on the Government Innovation team at Bloomberg Philanthropies, where he led initiatives to promote public sector innovation and spread ideas among cities. He co-led the inaugural Mayors Challenge, a $9 million prize competition to inspire American cities to develop bold solutions to common challenges. He also developed and oversaw initiatives on cross-sector collaboration, evidence-based government, and innovation teams in governments around the world. Previously, Matt served as a senior advisor to Boston Mayor Thomas M. Menino. He joined the Mayor’s Office as an HBS Leadership Fellow and focused on innovation and entrepreneurship, service and civic engagement, and safety and security. He also worked in the Special Advisor Program at the Federal Bureau of Investigation and led projects at Monitor Group for clients across the private, public, and social sectors.
Monday, April 24th 3:00 - 4:30 pm
Location: Bank of America 225 Franklin Street, 5th floor, Boston
bring photo id for entry into the building
A Discussion of the 2016 U. S. Trust Study of High Net Worth Philanthropy
Join David Ratcliffe and your BPART colleagues for a discussion of the recently published U.S. Trust Study of High Net Worth Philanthropy. The study examines giving and volunteering trends, behaviors, attitudes and priorities among wealthy American households. Since 2006, this study has been written and researched in partnership with the Indiana University Lilly Family School of Philanthropy. This research series is the most comprehensive and longest running of its kind, and an important barometer for wealthy donors’ charitable engagement and perspectives. The latest study once again offers valuable insights that help inform the strategies of nonprofit professionals, wealthy donors and charitable advisors alike.
David Ratcliffe, Managing Director and National Philanthropic Solutions Sales Executive
The Philanthropic Solutions group within U.S. Trust delivers experience and comprehensive services to help clients build and sustain their philanthropic missions and goals. David oversees a team of philanthropic specialists who deliver experience in nonprofit endowment management, including Outsourced Chief Investment Officer (OCIO), planned giving administration and management, individual private client philanthropic strategies and grants management.
David earned his BA degree from Wake Forest University. He holds the Certified Trust and Financial Advisor (American Banking Association) and Chartered Advisor in Philanthropy® (American College) designations. His post-graduate work includes the Wharton School of Business and Harvard Business School. In addition, he received his Trust Certification from the Florida Trust School, University of South Florida.
Monday, January 9th 3:00 - 4:30 pm
Associated Grant Makers 133 Federal Street Suite 802 Boston
Understanding Donor Motivations in an Ever-Changing Philanthropic Landscape
Kevin Bolduc, VP Assessment and Advisory Services at Center for Effective Philanthropy
As we know, giving is personal and offering philanthropic advice to donors is tailored. Giving through a community foundation may be the right fit for many donors, but understanding which donors is not always easy. Community foundations can play a powerful role in working alongside other advisors in helping a donor achieve their goals, so a professional advisor’s knowledge of various chartable vehicles, such as community foundations, is often a key component of creating satisfied donors – and helping donors create impact through their giving.
Kevin will discuss what their research suggests about community foundation donors’ motivations, satisfaction, and likelihood of future giving. Specific learning objectives include:
B Corporations: A CEO Panel
Mike Brady, CEO of Greyston Bakery
Eric Hudson, CEO of Preserve
Matthew Patsky, CEO of Trillium Asset Management
moderated by Deborah Leipziger, Senior Fellow in Social Innovation at the Lewis Institute at Babson College
Ben Forman, MassINC
BPART Season Kick-Off Event
Keeping it in the Family Foundation: Developing Strategies for Sustaining Multigenerational Family Philanthropy
Jamie Forbes, Founder, Forbes Lagacy Advisors
David Vaughn - Partner, North Bridge Advisory Group
Be a part of BPART Happy Hour
Donor Advised Funds and Private Foundations
More than money: How to deploy all your capital for social impact
Christen Graham, President, Giving Strong, Inc.
Mission Statements for High Impact Philanthropy
Christine Kendall, Founding Partner, SmarterGive
Danielle Oristian York is the Director at 21/64.
BPART's 8th Annual Luncheon: Sustainable Food Markets and Agriculture
Elizabeth Morningstar, CEO of the Boston Public Market
Christine James, Director of Programs, John Merck Fund
Jon Olino, co-founder of b.good.
Understanding Your Fiduciary Risks and
Stephen Campisi, Director of Institutional Thought Leadership at U.S. Trust.
Income and Estate Tax Planning for Year
Jonathan R. Fishburn, Nutter McClennen & Fish LLP
Paul Shoemaker, Founding President of Social Venture Partners International
Philanthropy is Being Transformed—What Donors and Philanthropic Advisors
A Paradigm Shift in Philanthropic Giving: The Davlin Philanthropic Fund and its creation of Sustainable Giving
Bill Davlin of the Davlin Philanthropic Fund
Fundamentals of Charitable Board Service
Karley Ausiello, Vice President of Volunteer Engagement for United Way of Massachusetts Bay and Merrimack Valley
Women and Philanthropy: In Boston and Beyond
Inequality Matters: The Growing Wealth Gap and What It Means for our Economy, Health, Democracy and Culture
Chuck Collins is a writer, policy researcher, storyteller
Passing the Torch: Next Generation Philanthropy
Root Cause’s Social Innovation Forum
Carolyn Shaughnessy and Susan Musinsky
New Data on Charitable Giving, Philanthropy's Paradigm-Shift, and the Significance of Philanthropic Advising
George McCully, CEO, Catalogue for Philanthropy and Author of Philanthropy Reconsidered (2008)
Choosing and Preparing your Grantmaking Successors
Mary Phillips and Amy Shorey, GMA Foundations
Be a Part of BPART/ Networking
Making Charitable Gifts of Complex Assest
Ryan Boland, Vice President of Complex Assets, Fidelity Charitable Corp. Ryan Boland, VP of the Complex Asset Group at Fidelity® Charitable
Family and Wealth Sustainability: Integrating Family Virtues with Wealth Planning for a Lasting Leagacy
Thomas C. Rogerson, Wilmington Trust
How Do You Change Your Foundation's Focus?
Andrew Kendall, Executive Director, Henry P. Kendall Foundation
Building the Capacity to Grow: How Philanthropy Can Help Nonprofits Get Big Results
Marjorie Ringrose and Sandy Lipson of Social Venture Partners
Increasing Client/Donor Receptivity from The Right Side of the Table
Todd Fithian, Managing Partner, The Legacy Companies
Beyond Grants: Using Program Related Investments to Make an Impact
Deepening Trust in Client Relationships
Monday June 19
"Be a part of BPART" Happy Hour
5:00 p.m. to 7:00 p.m.
283 Summer Street
Join BPART colleagues for a fun and informal evening of networking at Papagayo Mexican Kitchen and Tequila Bar. After another year of successful programs, we look forward to taking some time to get to know each other better! Hors d'oeuvres will be provided by Pathstone Federal Street and Nutter, and there will be a cash bar. Please note the later 5:00 p.m. start time.
To RSVP, please email firstname.lastname@example.org. We look forward to seeing you soon!
Monday, March 12, 2018 3:00 p.m. to 4:30 p.m.
Takeaways from the Tax Cuts and Jobs Act
Elizabeth M. Norman and Andrew M. Golden, Nutter McClennen & Fish
hosted by Nutter
155 Seaport Blvd., Boston
Monday, April 30, 2018
3:00 p.m. to 4:30 p.m.
Beth Kramer, Harvard Graduate School of Design, and Michael Voligny, Harvard Chan School of Public Health
location: The United Way, 51 Sleep Street, Boston