The Outer Banks Community Foundation invites you to the inaugural presentation in its new Great Giving Seminar Series. Download the flyer here.
“Sip and Learn: The Tax Advantages of Charitable Giving” will be presented by Pat Herman, Attorney at Law with Vandeventer Black LLP, and Lorelei Costa, Executive Director of the Community Foundation, on Thursday, November 5, 2015 at the Hilton Garden Inn in Kitty Hawk from 5:00 to 6:30 pm.
At this casual and friendly gathering, participants are invited to enjoy hors d’oeuvres, light beverages, and good company while learning more about the tax and community benefits of philanthropic giving.
Mr. Herman will discuss the basics of estate and gift planning, and will explain the financial advantages of bequests, charitable trusts, gifts of IRAs or other retirement assets, and other creative tools. He’ll offer particular advice for families on strategies for avoiding capital gains and estate taxes while protecting future heirs.
Ms. Costa will describe the Community Foundation’s unique offerings that can help individuals and families preserve their legacy, honor loved ones, enjoy maximum tax benefit, while helping the community. And she’ll share the stories of real people from the Outer Banks who have done just that.
Ms. Costa explained: “This is not a fundraiser… we won’t be passing a hat or making any hard sells! At this informal seminar, we simply hope to inform and inspire people who want to give back to any charitable cause on the Outer Banks.”
There is no cost to attend; however, RSVPs are kindly requested. Please call us at 252-261-8839 to let us know to expect you.
Pat Herman is senior tax attorney at Vandeventer Black, LLP, specializing in estate and tax planning, trusts, and nonprofit organizations. Licensed to practice in both North Carolina and Virginia, Pat divides his time between his firm’s Norfolk and Kitty Hawk offices. Pat serves on the board of the General Douglas MacArthur Foundation, represents numerous nonprofits in the Outer Banks and Tidewater areas, and received the Outer Banks Community Foundation’s 2015 Champion Award for his outstanding community contributions.
Lorelei Costa has served as the Executive Director of the Outer Banks Community Foundation since 2012. She graduated with highest honors from UNC Chapel Hill in 1999 and earned her certificate in nonprofit management from Duke University. Lorelei has 17 years’ experience in the philanthropic sector. She and her husband live in Southern Shores, where they both serve as volunteer firefighters with the Southern Shores Volunteer Fire Department.
The Outer Banks Community Foundation is a public charity that manages $13.5 million in 135 charitable funds for individuals and agencies, awards charitable grants to local nonprofits, administers 45 scholarship funds, and provides tailored services to help donors pursue their charitable interests. Since its inception in 1982, the Community Foundation has awarded more than $6.8 million in grants and scholarships to local nonprofits and students.