Pooled Trusts Intensive

Wednesday, October 16, 2024

8:00 a.m. - 8:15 a.m.

Welcome and Announcements

8:15 a.m. - 9:45 a.m.

Lessons Learned: Protecting the Trust's Assets from Corporate Misconduct
Steve Dale and David Goldfarb
[Description Coming Soon]

9:45 a.m. - 10:00 a.m.

Break and Visit with Sponsors and Exhibitors
Sponsored by Special Needs Alliance 

10:00 a.m. - 11:30 a.m.

Administering Stand Alone Trusts: Differences and Similarities to the Pooled Trust and the Many Considerations in Between
Megan Brand, Bradley Frigon, and Peter Wall
Whether your organization is already administering stand alone trusts or you’re in the beginning stages of considering it, the presenters will cover the benefits, potential pitfalls and what to consider from administrative, legal, tax and investment perspectives. Through the use of case studies, an overview of discretionary distribution language, remainderperson considerations, and fiduciary liability will be provided as well as a review of case law.

11:30 a.m. - 12:00 p.m.

What It's Like To Be Regulated
Kerry Tedford-Coles
[Description Coming Soon]

12:00 p.m. - 1:15 p.m.

Sponsored by Life Enrichment Trust

1:15 p.m. - 2:05 p.m.

Breakout Session 1

  • Empowering Impact: Best Practices in Charitable Giving for Pooled Trusts
    Kevin Hayde
    Today, more than ever, pooled trust organizations play a vital role in efficiently managing charitable funds to create meaningful and lasting impact. This presentation will revisit/review The National Pooled Trust Standards Committee’s ‘Guidelines for Pooled Trusts’ as the guide for meeting the aspirational standards of:

    •    Aligning Mission and Vision with Charitable Fund utilization
    •    Transparency and Accountability
    •    Impact Measurement and Evaluation – defining success
    •    Collaboration and Partnerships
    •    Governance oversight of an organization’s charitable funds

    Through this presentation, attendees will gain insights into the critical role of pooled trust organizations in effective charitable fund management and leave equipped with actionable strategies to enhance their philanthropic impact. The goal is to improve the nature and quality of pooled trust program services for its constituents. Guidelines will be made available at the session.

  • SSA Special Initiatives
    Ben Belton (invited)
    [Description Coming Soon]

2:10 p.m. - 3:00 p.m.

Breakout Session 2

    • Compassion Fatigue
      Brenna Galvin and Teresa Whitton
      [Description Coming Soon]

    • Your Beneficiary Up and Left: What are the Liabilities and Responsibilities of the Trustee?  
      Karen Konvicka and Kristi Papez
      What happens when a beneficiary moves to another state?  This session will discuss continued distributions and transfers to other pooled trusts or stand-alone trusts, and the trustee’s duty to find a missing beneficiary.  We will also focus on protecting the trustee when exercising discretion to transfer to another pooled trust or accepting an account from another pooled trust.  The Uniform Trust Act, Uniform Decanting Act and Uniform Guardianship Act will serve as a basis for discussion.

3:00 p.m. - 3:20 p.m.

Break and Visit with Sponsors and Exhibitors
Sponsored by Special Needs Alliance

3:20 p.m. - 4:10 p.m.

Breakout Session 3

    • Sex, Drugs, and Rock n' Roll: Atypical Beneficiary Distribution Requests
      Megan Brand, Marco Chayet, and Peter Wall
      All trustees have "that" story - the discretionary distribution request that catches you and your team a bit off-guard.  This session will address how and from whom such requests are made, sole benefit impact, discretionary distribution language drafting and implications, beneficiary expectation setting, and distribution funding mechanisms. Music and gig-themed trivia and fact patterns abound - as well as a case law review and interactive case studies!

    • Charting the Course” Navigating Succession Planning
      Barb Helm and Kevin Hayde

      Succession planning is a critical aspect of organizational management that is often overlooked, particularly in not-for-profit (NFP) organizations. While NFPs are driven by altruistic motives rather than profit, they are still complex entities with missions, strategies, and operations that require effective leadership. This presentation will provide a working definition of succession planning while analyzing the components of the same:

      •    Preservation of Mission and Values
      •    Continuity of Leadership
      •    Capacity Building and Talent Development
      •    Stakeholder Confidence and Trust
      •    Adaptation to Changing Context

      Through this presentation, attendees will be shown examples of how both Arcare and Wispact, Inc. have organized their succession plans and the governance oversight of those plans.

4:15 p.m. - 5:15 p.m.

Call to Action/Legislative Update
Kerry Tedford-Coles, Roxanne Chang, and David Goldfarb
Staying current with legislative, regulatory and policy updates that impact people with disabilities is a necessity to properly support pooled trust beneficiaries. This session will review the most current legislative, regulatory and policy updates that trustees need to know. Session experts will also provide an overview of proposed changes along with what pooled trust administrators can do to help institute change.