Special Needs Financial Services: Poised for Growth | SNFSi’s Pooled Special Needs Trust Report 2020

SNFSi’s Pooled Special Needs Trust Report 2020: Poised for Growth is now available and includes detailed information about this industry and opportunity. Request a Copy The Special Needs Financial Services InstituteTM (SNFSiTM) was formed in 2020 to increase the availability and use of financial products and solutions by people with disabilities, estimated at 13% of …

This Market for Financial Services is Hiding in Plain Sight

Disability impacts 1:7 Americans* (that is 42 million people) directly and touches many more lives indirectly. More than likely, advisors with a mature book have clients affected by special needs who wish to do as much life and financial planning as possible (perhaps even more so now), and a frustratingly small, and often prohibitively expensive, …

What is a Pooled Special Needs Trust?

There are two financial products in existence today that are designed to provide specific benefits for people with disabilities. One is the ABLE Account, which is designed for saving and spending on disability-related expenses. The other is a special needs trust, which is designed to allow people to have and use financial assets (money) for …

Alliance of Pooled Trusts (APT)

Leaders of the Pooled Special Needs Trust industry from across the country have come together to create a new membership enterprise, the Alliance of Pooled Trusts (APT), announcing its formation at the 2020 Stetson Special Needs Planning and Trust Conference. Congratulations on this achievement! The Special Needs Financial Services Institute (SNFSi) is extremely supportive of …

COVID-19 and Trusts, Foundations, Endowments, and Program Related Investments

March 19, 2020 | We were not fully prepared for this; not one of us had a COVID-19 toolkit in our desks. On the investment front though, some are better prepared than others. Financial professionals are expected to be able to manage investment volatility. Schooled (and ideally, experienced) in dealing with rapidly-changing markets, it is …

Seats at the Table Mean Better Returns

Quantitative data about the results delivered by women in C-suite and executive leadership has been accumulating for some time. Nevertheless, they resist. One of the ways of resisting is to ask for data, for proof of what we as women leaders bring to the table. Here’s proof.

Getting Past the Chicken-and-Egg Cycle of Nonprofit Strategic Planning Skepticism

There is a lot of room for improvement in the usual nonprofit strategic planning process; so much so that current approaches can create fiduciary and organizational risk. Root causes are not hard to find. To start, many organizations see these plans as a box to check, something to pull together every few years, toss on …

Massachusetts’s Nonprofit Boardrooms: Is It Time Yet?

Over the past 10 years there has been virtually no positive change in the composition of the C-Suites of the largest MA nonprofits, leaving incredible talent and opportunity on the table. The details are here, in The Boston Club's 2019 biennial Census of Nonprofit Board CEO's and Boards. Intentional Nonprofit Board Service, authored by Lisa …

Improve Your Nonprofit Board for Maximum Impact

First published in Mass Nonprofit News Expert Advice , March 13, 2019. Maximizing board effectiveness is absolutely essential to nonprofit success, but hoping that your board will operate as a highly effective executive team won't make it happen. Highly effective boards add tremendous value to the organizations they govern and grow. They can spot opportunities …

Be a Great Steward of Financial Sustainability

First Published as "Make Your Nonprofit Financially Sustainable" in NonProfitPRO on December 6, 2018. You know that delivering on your organization’s mission over time requires financial resources. The alternative is not pretty—no money, no mission, as it is said. As a board member, one of the most important components of your governance role is to …