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Liquidity Events and Charitable GivingLiquidity Events and Charitable Giving

The role of blended gifts.

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* Due to Robert’s untimely passing, this article was posthumously finished by his brother, Timothy.

Despite recent market volatility exacerbated by the pandemic, inflation fears and the war in Ukraine, the S&P 500 was still trading in May 2022 at more than four times its value in early 2009, at the depth of the Great Recession. Between 2011 and 2022, average home prices in the United States nearly doubled.1 Rarely in U.S. history have so many individuals owned so much highly appreciated property.

A large percentage of those assets are owned by those approaching retirement age in numbers that have never been seen in U.S. history. Some 55 million Americans are now age 65 or older,2 and over 10,000 more are reaching that milestone each day.3

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About the Authors

Robert F. Sharpe, Jr

CEO, Encore

Robert F. Sharpe, Jr. is CEO of Encore in Memphis, Tenn. He is a nationally recognized pioneer, leader and authority in the field of philanthropy. During more than 35 years serving America’s nonprofit community, he has consulted nationally with educational, health, social service, arts and religious organizations and institutions in the planning and implementation of their major, planned gift and endowment development efforts. A graduate of Vanderbilt University and Cornell Law School, he served as a development officer for a liberal arts college prior to practicing law with a major law firm specializing in taxation and estate planning.

Robert is chairman of the philanthropy editorial board of Trusts & Estates magazine and co-author of the National Association of Charitable Gift Planners (CGP) Model Standards of Gift Valuation. He has served on the board of Giving USA and on strategic task forces for the CGP. Among other publications, his remarks have been featured in The Wall Street Journal, The New York Times, Newsweek, Forbes, Smart Money, The Chronicle of Philanthropy and Kiplinger’s.

He is a frequent speaker at gatherings across the country including Planned Giving Councils in New York, Washington, Chicago, and Los Angeles, the National Association of Charitable Gift Planners national conference, the Association of Fundraising Professionals (AFP) National Conference, and the American Bankers Association Wealth Management and Trust Conference.

 

Timothy Sharpe

Principal Consultant, TS Philanthropy LLC

Timothy Sharpe is principal consultant of TS Philanthropy LLC in Red Hook, N.Y.