This month, CAPTRUST Senior Director of Endowments and Foundations Heather Shanahan talks with Anthony Marcozzi, associate director of relationship management at Ethic. 

Marcozzi explains Ethic’s approach to working with endowments and foundations, highlighting the importance of understanding an organization’s mission and values.  

He and Shanahan also discuss the challenges and opportunities in the impact investing space, like:

Subscribe to Mission + Markets for more insights for nonprofits and mission-focused organizations. 

Resources: 

Last Episode: Markets, with CAPTRUST’s Andy Marino | Nonprofits 

Ethic 

Episode 59

This month, CAPTRUST’s Jennifer Doss and Audrey Wheat are joined by Neal Ringquist, executive vice president and chief revenue officer for the Retirement Clearinghouse.

In this discussion on auto-portability, Neal emphasizes the advantages and benefits of auto-portability for both the participant and the plan sponsor.

These benefits include:

In Minute with Mike, Mike Webb talks about retirement plan eligibility for part-time employees.

Subscribe to Revamping Retirement for more episodes with insights for plan sponsors.

Resources:

Last Month’s Episode: Episode 58: SECURE 2.0 and More with Dr. Nari Rhee

In episode 10 of Mission + Markets, Heather Shanahan and Andy Marino cover the financial landscape of the past year and how it might affect nonprofits, endowments, and foundations.  

The conversation examines the Federal Reserve’s efforts to reduce inflation. Marino also addresses the historical association of the inverted yield curve with recessions and the recent normalization of longer-term interest rates. He recommends that nonprofits set realistic expectations and maintain a long-term perspective.  

Subscribe to Mission + Markets for more insights for nonprofits and mission-focused organizations.  

Resources: 

Last Episode: Episode 9: DEI in Planned Giving with GivingDocs 

OCIO for Nonprofits | CAPTRUST 

Market Update | October 2023 | Investment Management 

Episode 58

This month, CAPTRUST’s Jennifer Doss and Matt Patrick are joined by Dr. Nari Rhee, director of the Retirement Security Program at the UC Berkeley Labor Center. 
 
In this conversation, which focuses on labor and retirement issues, Dr. Rhee emphasizes the challenges faced by low and middle-income workers in the U.S. retirement system, particularly in the private sector. The discussion touches on topics such as the inadequacy of Social Security for low-wage workers, barriers in defined contribution plans, and the impact of job characteristics on retirement benefits.  

In Minute with Mike, Mike Webb covers the different types of services fiduciaries can provide under ERISA. 

Subscribe to Revamping Retirement for more episodes with insights for plan sponsors.  

Resources: 

Last Month’s Episode: Episode 57: Student Loans with Candidly | Retirement Plan (captrust.com) 

Public Pensions Support Race, Class, and Gender Equity in California – UC Berkeley Labor Center 

Breaking Down SECURE 2.0 

In episode nine of Mission + Markets, Heather Shanahan and Jade Bristol, chief development officer at GivingDocs, discuss DEI efforts in planned giving and estate planning. GivingDocs is an online estate planning platform designed to help nonprofits improve their planned giving initiatives.

The conversation addresses diversity, equity, and inclusion (DEI) within planned giving and estate planning. Jade discusses the organization’s mission to enhance planned giving efforts for nonprofits, and the history of inequity in philanthropy.

Jade and Heather emphasize the importance of authentic conversations, cultural awareness, and empathy when working with diverse donors in the realm of planned giving. Their discussion underscores the crucial mission of nonprofits to make a positive impact through thoughtful and respectful engagement with donors.

Subscribe to Mission + Markets for more insights for nonprofits and mission-focused organizations.

Resources

Last Episode: Episode 8: Trends in AI with Blackbaud

Resources and Insights – GivingDocs.com

Episode 3: Board Development with YWCA of Greater Charleston

Episode 57

In this month’s episode of Revamping Retirement, Jennifer Doss and Dawn McPherson sit down with Amber Moulder and James Sheridan from Candidly. Candidly is a financial wellness platform focused on addressing student loan debt, emergency savings, retirement, and more.

This episode covers the restart of student loan payments, SECURE 2.0 and its impact on student loans, plus the demographics of Americans facing the most student debt.

In Minute with Mike, Mike Webb explains SECURE 2.0’s implications for required minimum distributions.

Subscribe to Revamping Retirement for more episodes with insights for plan sponsors.

Resources:

Holistic Financial Wellness with Kimley-Horn

Millennials and Retirement with Katie Gatti Tassin

Breaking Down SECURE 2.0

In episode eight of Mission + Markets, Heather Shanahan talks to Kate Averett Anderson, senior content manager at Blackbaud. They explore various aspects of AI technology trends and its applications in nonprofit organizations. The discussion covers:

Subscribe to Mission + Markets for more insights for nonprofits and mission-focused organizations.

Under the Investment Advisers Act of 1940, this podcast is defined as an advertisement and includes an uncompensated testimonial by a CAPTRUST client. Please be advised that clients’ experiences as described in the podcast do not necessarily represent the experience of other clients.

Resources:

Last Episode: Episode 7: A Deep Dive Into Community Foundations

Blackbaud’s Social Good Startup Program and Our Generative AI Cohort

Episode 56

In this month’s episode of Revamping Retirement, Jennifer Doss talks with Kimberly Plessinger and David McEntee from Kimley-Horn. They discuss the company’s financial wellness initiatives, including benefits and retirement plans.

Kimley-Horn places a strong emphasis on financial wellness, especially for its younger employees,  providing educational resources and support to help employees understand the importance of saving for retirement and making informed financial decisions.

The discussion then shifts to focus on the company’s transition to 3(38) discretionary services for retirement plan management. This transition helped reduce fees for plan participants while maintaining a collaborative relationship with CAPTRUST.

In Minute with Mike, Mike Webb covers the two-year delay in the implementation of the new mandatory Roth age-50 catch-up rule under SECURE Act 2.0. 

Subscribe to Revamping Retirement for more episodes with insights for plan sponsors.

Under the Investment Advisers Act of 1940, this podcast is defined as an advertisement and includes an uncompensated testimonial by a CAPTRUST client. Please be advised that clients’ experiences as described in the podcast do not necessarily represent the experience of other clients.

Resources:

Last month’s episode: Participant First with SUNY

CAPTRUST’s Financial Wellness Solution for Plan Sponsors

Cultivating Financial Independence | VESTED Magazine

In episode seven of Mission + Markets, Heather Shanahan talks community foundations with CAPTRUST financial advisors Bill Altavilla and Matt Doyle, plus special guest Jim McCallum. Jim is the advisor to the Chief Financial Officer for the Sacramento Region Community Foundation, having previously served as CFO since 2005. He has an extensive background in estate planning, tax, securities, planned giving, and insurance.

They discuss a range of topics, including:

Subscribe to Mission + Markets for more insights for nonprofits and mission-focused organizations.

Resources:

Last Episode: Episode 6: Heather Shanahan talks tax with CPA Kristen Hoyle

Episode 55

In episode 55 of Revamping Retirement, Jennifer Doss and Scott Matheson are joined by Michael Consorte, director of university-wide benefits for SUNY. Michael shares his expertise in retirement program management, participant engagement, and adapting offerings to meet participant needs.

Michael emphasizes the importance of adopting a participant-centric approach. He discusses three main participant groups—those who are risk-averse, those who want to manage their investments, and those who want to make their own choices but lack expertise—and how SUNY tailors its benefits to address the needs of each group.

Later, Mike Webb covers the importance of a plan document.

Subscribe to Revamping Retirement for more episodes with insights for plan sponsors.

Under the Investment Advisers Act of 1940, this podcast is defined as an advertisement and includes an uncompensated testimonial by a CAPTRUST client. Please be advised that clients’ experiences as described in the podcast do not necessarily represent the experience of other clients.

Resources:

Last month’s episode: Mid-Year Check-In and Market Update

Retirement Benefits that Suit a Diverse Workforce

Leveling the Retirement Savings Playing Field