RT Journal Article
SR Electronic
T1 Choosing a Trustee For Your Planned Gift Program
JF The Journal of Wealth Management
FD Institutional Investor Journals
SP 38
OP 41
DO 10.3905/jwm.1999.320357
VO 2
IS 2
A1 Elizabeth L. Mathieu
YR 1999
UL https://pm-research.com/content/2/2/38.abstract
AB This article focuses on issues surrounding charitable activities, and more specifically on the selection of a trustee. The author starts with the argument that donor satisfaction, or lack thereof, with the professional trustees of planned gift programs can have a significant impact of future charitable giving activity. Therefore, choosing a trustee who understands the technical aspects of such gifts, how to manage the assets in such gifts for long-term benefit of donors and the charity, and as importantly, how to work with and relate to a specific donor base in structuring and administering such gifts over time, are keys to a successful program. This article assist families, family offices, and development professionals in developing an approach to choosing and monitoring professional trustees of planned gift programs, by providing a series of questions which can be included in a n request for proposal (RFP) or in an annual review of current trustees.