A local service organization comes to you and would like to collaborate on a much needed community project. A group of concerned citizens decides an animal shelter is needed. A dedicated person wants to raise money to pay them to deliver services to seniors in your community. They all want to set up a pass-through fund with to handle charitable contributions. We’ve all been there. When should you do this? What are the legal responsibilities for the community foundation when these types of funds are established? How do you handle the financial side?
Phil Purcell, Vice President, Planned Giving and Endowment Stewardship, Ball State University Foundation
Phil Purcell currently serves as Vice-President for Planned Giving and Endowment Stewardship at the Ball State University Foundation. Formerly, he served as Director of Gift Planning for the Central Indiana Community Foundation, Director of Development for St. Vincent Hospital Foundation, and Director of Planned Giving and Development Counsel for Rose-Hulman Institute of Technology. Phil is an attorney and member of the American and Indiana State Bar Associations. Phil also serves as a volunteer on the Tax Exempt Organization Advisory Council for the Internal Revenue Service. He teaches courses as adjunct faculty for the Indiana University School of Law and Indiana University Center on Philanthropy and Fundraising School. Phil has served as a member of the board of directors for the Partnership for Philanthropic Planning, Association of Fundraising Professionals Indiana Chapter, and the Central Indiana Land Trust Advisory Board.
Phil received his B.A. degree from Wabash College in 1981 and his J.D. and M.P.A. degrees from Indiana University in 1985.
The Tri-State Community Foundation Webinar Series is made possible through an agreement between The Council of Michigan Foundations, Philanthropy Ohio and Indiana Philanthropy Alliance. The webinars will be designed for (but not exclusive to) community foundations.
This webinar is hosted by Indiana Philanthropy Alliance and was originally published July 2015.
CMF Members: $35.00