In This Issue
New HIPPA Rules
The Philanthropy Collaborative
Tip of the Month

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Davenport & Barr

 

Watch our IRA Webinar!

 

Click below. 

 

IRA Part 1 

 IRA Part 2

 

 

 

Davenport & Barr is hosting a complimentary webinar on the 3rd Wednesday of April.  

 

Join Us! 

 

   April 17 at 1PM (ET) for a presentation entitled:

Maximize Philanthropic Revenue with Charitable Gift Annuities! 
 
 

Click here to register via email. 

 

Space is limited so sign up today!

 

 

 

 

Attend our session on

 

"Building a Culture of Philanthropy"

 at

 

LeadingAge Massachusetts Annual Conference and Exhibitionon

 

 May 9, 2013

at

Holiday Inn Boxborough MA.

 

 

MARCH AFR 

 

The IRS Applicable Federal Rate (AFR) for March 2013 is 1.4%.
 

It is the first time 

in several months that the 
AFR, also known as the Discount Rate, has gotten above 1.2%. 
 
While slightly higher than we have seen recently, the prevailing low rate still means a reduced tax deduction for life-income gifts, but a larger flow of tax free income.
 
For More Information 
Contact:
 

 

Meet the Team! 

Karen Davenport
Karen Davenport
President
Davenport & Barr
Mike Davenport
Mike Davenport
Founder
Davenport & Barr

 

Anastacia Barr

Director of Client Communications

Davenport & Barr


Archive

 

Click Here to read our past newsletter issues

  
 Beyond Philanthropy 

Vol.2, Issue 7

March 2013

                     

   

A Note to our Readers:

As of March 2013, Beyond Philanthropy will be published quarterly.  Look for our next edition in June 2013.  In the meantime, watch for updates on our Free Webinar Series and other newsworthy updates in your email!

 

   

The Quick and Dirty on Charitable Gift Annuities

By Karen Davenport


Wouldn't it be wonderful if there were a way people could support the mission of their favorite charities while receiving tax benefits and steady income for life? What's more, contemplate the satisfaction of your charity creating a continuous and significant stream of philanthropic income?

 

Charitable Gift Annuities are simply a home-run for all parties involved. An individual transfers assets to a charity and in return, the charity promises to pay a fixed annuity to one or two annuitants for life. It is the promised income that makes the gift so attractive to donors. It is the anticipated gift after the annuitants' lifetime that makes the gift so attractive to charities.

 

Gift annuities have actually been around for over 150 year and are among the most popular planned gifts in America. While bequests form the largest segment of planned gifts in terms of volume, charitable gift annuities continue to gain in popularity, particularly with interest rates still at an all time low!


   

Learn more about Charitable Gift Annuities!

 

Join us for a FREE Webinar:

Maximize Philanthropic Revenue with Charitable Gift Annuities!

 

 Wednesday, April 17, 2013

At 1PM (EST)

 

Join us for a complimentary 30-minute webinar that describes how charitable gift annuities work and what your organization needs to do to start or expand your program. We'll explain the benefits to both donor and charity! What's more we will provide you with a quick assessment tool to determine your organization's "readiness" to move forward.

 

  
Space is limited! Click here to send an email and reserve your spot today. 

 

 

  

 

 

 

 
  

 

New HIPAA Rules -- Good News for Patients and Fundraising!
By Mike Davenport
 
In late January, the Department of Health and Human Services (HHS) published its
modifications to the HIPPA Privacy Rule. The changes in the final rulemaking provide
the public with increased protection and control of personal health information. 
Individual rights are expanded in important ways.  
 
For example, patients can ask for a copy of their electronic medical record in 
an electronic form.  When individuals pay by cash they can instruct their provider 
not to share information about their treatment with their health plan provider.  
The final rule sets new limits on how information is used and disclosed for marketing 
and fundraising purposes. The new modifications offer clarity regarding the impact 
of the Opt Out Provision and the Notice of Privacy Practices, as well as changes that 
allow fundraisers better ways to communicate with patients.
 
Effective March 26, 2013, health care providers and their institutionally related
foundations have access not only to demographic information,
 health insurance status and dates of service for fundraising -- but also the use and disclosure of the following:
 
●Department of Service Information
●Treating Physician Information
●Clinical Outcome Information
 
We can thank the Association for Healthcare Philanthropy for their steadfast efforts with
HHS and the Office of Civil Rights (OCR) for helping to ensure that these modifications
became a reality!  For more information on the revised HIPAA Click Here
 
  
 
 

 

 

 

Want to Kick-start Your Planned Giving Program?

 

B™

Join our

BEN™ Philanthropy Collaborative!

 

The program cost has been slashed in HALF, to allow for more organizations to join us!

 

CLICK HERE

to learn more!

 

 

 

 

 

 

 

 

 


 

MARCH...

Is a great month totake some time to review your donor database. Now -- before any spring mailings or special event promotions --  is a great time to assess the accuracy of the contact information associated with your most important constituents. 

 

As a development office, you can't possibly know about every divorce, marriage, death or potential address change that has occurred. Ask others in the organization and/or community to review and update for changes that might easily cause a mailing list to become outdated. 

 

What action, if any, do you want your members to take? Add a "Find out more" link to additional information that you may have hosted on your website