In episode eight of Mission + Markets, Heather Shanahan talks to Kate Averett Anderson, senior content manager at Blackbaud. They explore various aspects of AI technology trends and its applications in nonprofit organizations. The discussion covers:
- AI capabilities in nonprofits, including donor communication and grant writing.
- Donor prospecting and revenue optimization with AI.
- Emphasis on AI as a tool to enhance human efforts, not replace them.
- Trustworthy AI principles for responsible usage.
- Protecting donor privacy and maintaining transparency.
Subscribe to Mission + Markets for more insights for nonprofits and mission-focused organizations.
Under the Investment Advisers Act of 1940, this podcast is defined as an advertisement and includes an uncompensated testimonial by a CAPTRUST client. Please be advised that clients’ experiences as described in the podcast do not necessarily represent the experience of other clients.
Resources:
Last Episode: Episode 7: A Deep Dive Into Community Foundations
Blackbaud’s Social Good Startup Program and Our Generative AI Cohort
Episode 56
In this month’s episode of Revamping Retirement, Jennifer Doss talks with Kimberly Plessinger and David McEntee from Kimley-Horn. They discuss the company’s financial wellness initiatives, including benefits and retirement plans.
Kimley-Horn places a strong emphasis on financial wellness, especially for its younger employees, providing educational resources and support to help employees understand the importance of saving for retirement and making informed financial decisions.
The discussion then shifts to focus on the company’s transition to 3(38) discretionary services for retirement plan management. This transition helped reduce fees for plan participants while maintaining a collaborative relationship with CAPTRUST.
In Minute with Mike, Mike Webb covers the two-year delay in the implementation of the new mandatory Roth age-50 catch-up rule under SECURE Act 2.0.
Subscribe to Revamping Retirement for more episodes with insights for plan sponsors.
Under the Investment Advisers Act of 1940, this podcast is defined as an advertisement and includes an uncompensated testimonial by a CAPTRUST client. Please be advised that clients’ experiences as described in the podcast do not necessarily represent the experience of other clients.
Resources:
Last month’s episode: Participant First with SUNY
Cultivating Financial Independence | VESTED Magazine
In episode seven of Mission + Markets, Heather Shanahan talks community foundations with CAPTRUST financial advisors Bill Altavilla and Matt Doyle, plus special guest Jim McCallum. Jim is the advisor to the Chief Financial Officer for the Sacramento Region Community Foundation, having previously served as CFO since 2005. He has an extensive background in estate planning, tax, securities, planned giving, and insurance.
They discuss a range of topics, including:
- fundraising strategies
- donor engagement
- investment management
- community impact
Subscribe to Mission + Markets for more insights for nonprofits and mission-focused organizations.
Resources:
Last Episode: Episode 6: Heather Shanahan talks tax with CPA Kristen Hoyle
Episode 55
In episode 55 of Revamping Retirement, Jennifer Doss and Scott Matheson are joined by Michael Consorte, director of university-wide benefits for SUNY. Michael shares his expertise in retirement program management, participant engagement, and adapting offerings to meet participant needs.
Michael emphasizes the importance of adopting a participant-centric approach. He discusses three main participant groups—those who are risk-averse, those who want to manage their investments, and those who want to make their own choices but lack expertise—and how SUNY tailors its benefits to address the needs of each group.
Later, Mike Webb covers the importance of a plan document.
Subscribe to Revamping Retirement for more episodes with insights for plan sponsors.
Under the Investment Advisers Act of 1940, this podcast is defined as an advertisement and includes an uncompensated testimonial by a CAPTRUST client. Please be advised that clients’ experiences as described in the podcast do not necessarily represent the experience of other clients.
Resources:
Last month’s episode: Mid-Year Check-In and Market Update
Retirement Benefits that Suit a Diverse Workforce
Leveling the Retirement Savings Playing Field
Episode 54
This month, Jennifer Doss and Dawn McPherson look back on the first half of the year, including a mid-year market update with CAPTRUST’s Kevin Fieldman, director of investment research.
Listen to learn more about market volatility, inflation, and some SECURE 2.0 provisions that are affecting plan sponsors now and in the near future.
Later, Mike Webb breaks down the enhanced tax credit for small businesses, a new provision in SECURE 2.0.
Subscribe to Revamping Retirement for more episodes with insights for plan sponsors.
Resources:
Last month’s episode: “How America Saves,” with Vanguard
July 2023 Market Update with CIO Mike Vogelzang
In this episode of Mission + Markets, Heather Shanahan talks with Kristen Hoyle, CPA and audit partner at Thomas, Judy & Tucker P.A. Kristen’s work focuses on supporting nonprofit organizations with tax-related services.
Heather and Kristen cover an array of topics, including:
- Varying tax statuses of nonprofits, foundations, and endowments
- When your organization needs an audit
- How to properly prepare a 990
Subscribe to Mission + Markets for more insights for nonprofits and mission-focused organizations.
Additional Resources:
Last Episode: Episode 5: Grant Trends and Best Practices with Ruth Peebles
Honoring Donor Intent | Endowment and Foundations
In this episode of Mission + Markets, Heather Shanahan talks with Ruth Peebles, president and founder of nonprofit consulting firm The INS Group. The two discuss best practices and trends for grants, including:
- Measuring impact when writing a grant
- Setting guidelines on grant reporting
- Telling your organization’s story
Subscribe to Mission + Markets for more insights for nonprofits and mission-focused organizations.
Additional Resources
The INS Group – Innovative Nonprofit Solutions Since 1999
Last Episode: Episode 4: Building a Succession Plan with God’s Love We Deliver
Episode 53
This month, Jennifer Doss and Scott Matheson are joined by David Stinnett, principal of strategic retirement consulting at Vanguard. Stinnett breaks down the 22nd annual “How America Saves” report, which covers trends in retirement plan design and participant behavior, including the use of financial advice programs, savings rates, and more.
Later, Mike Webb covers Roth catch-up contributions in his SECURE 2.0 series of this month’s Minute with Mike.
Subscribe to Revamping Retirement for more episodes with insights for plan sponsors.
Resources:
How America Saves (vanguard.com)
Episode 52
This month, Katie Gatti Tassin of Morning Brew’s Money with Katie show joins CAPTRUST’s Jennifer Doss and Scott Matheson on Revamping Retirement. Tassin is known for her financial expertise focused on the millennial generation and covering topics from long-term savings and 401(k) contributions to personal finance goals and salary negotiations.
With Jennifer and Scott, she discusses what millennials are most worried about when it comes to finance, and why saving for retirement should be a bigger priority.
Later, Mike Webb talks about the mandate of automatic enrollment in retirement plans in this month’s Minute with Mike.
Resources
Millennial Money with Katie | Spending, investing, and taxes
Is the Old Approach to Retirement Broken? A Millennial Guide to Financial Planning | The Money with Katie Show
This month, Heather Shanahan sits down with Karen Pearl and David Ludwigson of God’s Love We Deliver (GLWD). GLWD is a nonprofit organization based in New York City that provides medically tailored meals, plus nutrition counseling, to individuals living with severe and chronic illnesses. Founded in 1985, GLWD delivers these meals free of charge to clients’ homes throughout the five boroughs of New York City and parts of New Jersey.
Karen shares her experience as CEO and discusses her decision to retire, with practical advice for other nonprofit leaders to engage board members in succession planning. David, GLWD’s current CEO, discusses the transition process and how it set him up for success. Listen to what they learned about board involvement, organization-wide transparency, and how to achieve a (mostly) peaceful transition.
Subscribe to Mission + Markets for more insights for nonprofits and mission-focused organizations.
Under the Investment Advisers Act of 1940, this podcast is defined as an advertisement and includes an uncompensated testimonial by a CAPTRUST client. Please be advised that clients’ experiences as described in the podcast do not necessarily represent the experience of other clients.
Additional Resources