Esteemed financial advisor Juan Ros recently addressed The Financial Executives Networking Group, sharing his wisdom on aligning charitable giving within business exit strategies. Ros, well-versed in financial management and philanthropy, shed light on the symbiosis of financial objectives and charitable inclinations.
Ros’s presentation pivoted around integrating philanthropy into business exit plans. Discussions encompassed various facets – the role of such giving within business exit plans, motivations fostering charitable activities, shifting trends in philanthropy, and hurdles encountered across diverse business entities – all converging under the umbrella of strategic charitable giving.
Key Points:
- Ros emphasized the preeminence of individual donors, with a two-third donation pie share. The driving forces behind donations, he suggested, revolved around personal ethos, cause-specific interests and the perceived organizational necessities.
- Quoting various giving strategies – Charitable Remainder Trusts, Charitable Lead Trusts, and Donor Advised Funds – Ros asserted their malleability, tax advantages and their role in furthering philanthropic objectives.
- Charitable inclinations of business owners took center stage, with Ros highlighting their keenness towards philanthropy. He navigated through the obstacles these owners typically encounter en route their philanthropic pursuits, suggesting solutions via structured plans.
- Ros dissected the challenges of timing, asset donation, and entity structure in the context of charitable giving, providing strategic insights for different business entity types to maximize their charitable output.
The FENG members in attendance engaged with questions revolving around the tax implications of charitable giving, feasibility of suggested strategies, and the influence of business structures on philanthropic initiatives. Ros adeptly responded, clarifying the confluence of finance and philanthropy.
The crux of Ros’s presentation underscored the need for strategic charitable giving in business exit strategies. CFOs, Controllers, and Treasurers stand to gain from these insights, amalgamating business objectives with philanthropic aspirations, thereby enhancing their legacy, optimizing tax benefits and contributing substantively to societal upliftment.
Juan Ros’s thought leadership provides an invaluable beacon for finance professionals striving to enhance their philanthropic initiatives strategically. His insights are a call to action for senior finance executives to effectively navigate financial planning complexities whilst positively impacting through charitable contributions.
We encourage our readers to view the comprehensive presentation below for a better understanding of strategic charitable giving within the business landscape.
About Juan Ros
Juan Ros, CFP®, CSPG, AEP®, CEPA® is a Partner with Forum Financial Management, LP, an independent financial planning and investment management firm with offices nationwide and over $8 billion in assets under management. Prior to launching his financial advisory practice, Juan held various senior fundraising positions at the Ronald Reagan Presidential Foundation, Occidental College, and the ALS Association, helping to raise millions of dollars in current and deferred gifts.
Juan works closely with legacy-minded families and business owners to enhance, protect and help transfer their wealth, particularly when charitable planning is involved.
Juan serves on the board of the National Association of Estate Planners and Councils. He is an active member of the Financial Planning Association, the Central Arizona Estate Planning Council, the Exit Planning Institute, and the Arizona Charitable Gift Planners. He is past president of the Conejo Valley Estate Planning Council and the Southern California Council of Charitable Gift Planners.
Juan is a CERTIFIED FINANCIAL PLANNER™ professional. He holds the Certified Specialist in Planned Giving designation, the Accredited Estate Planner® designation, the Certified Exit Planning Advisor® designation, and the Certified Value Growth Advisor® designation. Juan earned his MBA with an emphasis in Financial Planning from California Lutheran University in Thousand Oaks, California. He holds a Bachelor of Arts degree from The Pennsylvania State University in State College, Pennsylvania.
A father of two, Juan resides in Phoenix, Arizona, with his wife Stacy and dog Sasha.
Contact Information:
(805) 409-3240
direct e-mail: jros@forumfinancial.com
Web: www.forumfinancial.com
LinkedIn: www.linkedin.com/in/juanros/
