John Bussel at the 2015 JFNA Investment Institute

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In what is expected to be the greatest wealth transfer in U.S. history, researchers estimate that $59 trillion will be passed down between generations over the next half-century, with $6.3 trillion gifted to charity.1 And, according to recent trends, small, family-based foundations will drive a large portion of that philanthropic giving.2

John Bussel, Principal and Regional Director at Hewins Financial Advisors, a national, CPA-based financial advisory firm, addressed this topic as a featured panelist for The Jewish Federations of North America (JFNA)’s 2015 Investment Institute, hosted at the Diplomat Resort & Spa in Hollywood, Fla. from February 8-11.

Over 450 stakeholders from Jewish federations and foundations — representing more than $20 billion in assets under management (AUM) — joined for presentations focused on trends in Jewish philanthropy, endowment management and socially responsible investing (SRI), among other topics.

Bussel, who is President of the Miami-based Shepard Broad Foundation, as well as an experienced consultant for private and family-based foundations, discussed the role these groups have in propelling charitable initiatives at the local level and serving as a resource for larger foundations with similar objectives.

“Small foundation funding is an essential driver of effective philanthropy, as a resource of risk capital to fund new ideas and a source of deep knowledge and understanding for larger funders,” says Bussel.

Since 2001, the JFNA Investment Institute has offered Jewish federation and foundation leaders, trustee members, financial service providers and endowment professionals the opportunity to learn best practices in investment and endowment management.
For more information, please visit the JFNA’s main website.

 

Hewins Financial Advisors, LLC d/b/a Wipfli Hewins Investment Advisors, LLC (“Hewins”) is an investment advisor registered with the U.S. Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Hewins is a proud affiliate of Wipfli LLP. Information pertaining to Hewins’ advisory operations, services and fees is set forth in Hewins’ current Form ADV Part 2A brochure, copies of which are available upon request at no cost or at www.adviserinfo.sec.gov. The views expressed by the author are the author’s alone and do not necessarily represent the views of Hewins or its affiliates. The information contained in any third-party resource cited herein is not owned or controlled by Hewins, and Hewins does not guarantee the accuracy or reliability of any information that may be found in such resources. Links to any third-party resource are provided as a courtesy for reference only and are not intended to be, and do not act as, an endorsement by Hewins of the third party or any of its content or use of its content. The standard information provided in this blog is for general purposes only and should not be construed as, or used as a substitute for, financial, investment or other professional advice. If you have questions regarding your financial situation, you should consult your financial planner, investment advisor, attorney or other professional. Hewins does not provide tax, accounting or legal services.
OneBite Editorial Staff
OneBite Editorial Staff

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John Bussel at the 2015 JFNA Investment Institute

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