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| Professional
Advisor News |
November 2009 |
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 Letter from the CEO
As 2009 draws to a close, there is both joy and concern that the Great Recession may be over only to be replaced by a “jobless” recovery. The belief that we may be at the end of the most severe economic recession that most of us have experienced in our lifetimes is gratifying. However, the prospect of a jobless recovery should concern all of us. |
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Feb. 21 - The Choices We Make with Our Money Can Change the World: Families, Money & Habits
Who is shaping the money habits and values of today’s families – especially our youth? Do current trends foreshadow future financial challenges for the adults of tomorrow? Why should we be concerned? How can we as family and friends help the next generation develop and maintain healthy money habits? Families, including young people ages 13 and above, are encouraged to participate together. |
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 Outsourcing the administration of Private Foundations
Opening a private foundation can be an exhilarating experience for the founders. Oftentimes, however, the work of administering a private foundation and adhering to strict government regulations falls to its staff or founding family members, and the initial excitement leads to unanticipated work. The community foundation is here to help. |
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Navigating Philanthropic Planning with Clients during Economic Uncertainty
By Karen Goodfriend, KK Wealth Advisors, LLC.
Think back a year ago and recall the great sense of uncertainty as we faced a crisis of confidence in the financial system, recession and the possibility of an economic depression. Since a worst case seemed imaginable, clients often turned their attention to how to protect themselves if an extreme economic scenario were to occur. Fortunately, our economy is now on a more positive path and it is easier for clients to plan for their future.
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 Take advantage of the IRA Charitable Rollover for 2009
The Pension Protection Act of 2006 (H.R. 4) provisionally allowed people aged 70½ to exclude from their income up to $100,000 per year in retirement plan assets if it was contributed directly to a qualifying charity. This provision was extended in 2008 by H.R.1424 for rollovers through the end of 2009. |
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 Important Dates for Year-End Giving
The end of the year is one of the busiest times for professional advisors meeting with their clients. As clients approach you for estate and tax planning advice at year’s end, know that the staff at Silicon Valley Community Foundation can help provide the information you need to be a more effective charitable giving resource for them. |
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