Donating Closely Held Assets to Donor Advised Funds: What Every Advisor Needs to Know

Date: Wednesday, March 7, 2018
Time: 11:45am - 1:00pm
Location: Riverside Country Club, Provo
Speaker: Nathan Daley JD, Fidelity Charitable

 

Speaker Topic

Our speaker for March will discuss various important aspects of helping clients make gifts of closely held assets to causes they care about.  Specifically, Mr. Daley will discuss the use of Donor Advised Funds (DAFs) and the benefits and potential pitfalls associated with this form of charitable giving.  Don't miss out on this fantastic opportunity to learn from a real expert in this area of estate planning.

As a reminder, our March event will be held at Riverside Country Club again.  We hope to see you all there!

 

Speaker Information

Nathan Daley is Vice President of the Complex Asset Group at Fidelity Charitable®, an independent public charity that has helped donors support more than 190,000 nonprofit organizations with nearly $19 billion in grants since its inception in 1991. The mission of Fidelity Charitable® is to further the American tradition of philanthropy by providing programs that make charitable giving simple and effective. Mr. Daley assumed his current position in 2014. In this role he works directly with donors, their advisors, and corporate and business lawyers to facilitate the charitable contribution of non‐publicly traded assets to achieve the most favorable tax treatment with the greatest charitable impact. 

Prior to joining Fidelity Charitable, Mr. Daley was a corporate and securities attorney at the law firm of Kelly Hart & Hallman in Fort Worth, TX. His practice focused on representing public and private companies, private equity funds and business owners in connection with mergers and acquisitions, public and private offerings of debt and equity securities, entity formation, joint ventures, corporate governance matters, and drafting and negotiating complex commercial agreements. Before that he was a litigation attorney at Thompson & Knight in Dallas. Mr. Daley was also a consultant at Quorum Business Solutions, also in Dallas.

Mr. Daley received a bachelor of business administration degree in finance from the Business Honors Program at The University of Texas at Austin and a juris doctorate, summa cum laude, from Texas Tech University School of Law. He is admitted to practice law in the State of Texas and is a Fellow of the Texas Bar Foundation.

About Fidelity Charitable
Fidelity Charitable allows donors to establish a dedicated donor‐advised fund to support their favorite charities in the short‐term as well as create a systematic plan for longer term philanthropic goals. Established in 1991, Fidelity Charitable launched the first national donor‐advised fund program and continues to offer innovative solutions to both donors and their advisors. Since its inception, Fidelity Charitable investment options have generated more than $3.6 billion [1] in philanthropic capital available for charitable purposes. For more information, visit: www.fidelitycharitable.org.

[1] Based on cumulative contributions since inception minus cumulative grants since inception, subtracted from current assets as of December 31, 2014. 

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