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Global Conference 2011 | Channeling Philanthropic Dollars Into Effective Action

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Panel Detail:

Wednesday, May 4, 2011
11:00 AM - 12:15 PM

Channeling Philanthropic Dollars Into Effective Action


Speakers:

Donna Karan, Founder, Urban Zen and Donna Karan Intl.

Lynda Resnick, Vice Chairman, Roll Global

Kim Wright-Violich, President, Schwab Charitable

Moderator:

Timothy Lappen, Founder and Chairman, Family Office Group, Jeffer Mangels Butler & Mitchell LLP

It's a tale of two recoveries: Many leading philanthropists have not only weathered the storm, but some are even in a position to increase their allocations. But the need is greater than ever as the aftermath of the recession drags on. With federal, state and local budgets being slashed, philanthropists are stepping into the gap. Their funding can make all the difference in maintaining critical services that address a range of issues, from education and housing to hunger and health. But are charities and foundations now facing unrealistic expectations that they can replace the safety net? When so many needs - both international and domestic - are crying out to be met, how do you narrow down your focus and find the cause that really speaks to you? Is there a way to leverage your professional expertise to make your philanthropy more effective? What approaches really assure donors of accountability and outcomes? How much personal involvement is practical, and how much depends on building the right team of experts to execute your vision? What are the legal, personal and practical challenges of formalizing philanthropic giving? How will pending changes in tax law impact future contributions?


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