Working collaboratively, private client advisors and not-for-profit development officers can achieve superior results. But often, they don’t speak the same language, which ends up being problematic for the client/donor.

Understanding the financial tools of philanthropic planning and the motivating desire of donors to move from success to significance will enable professionals on both sides of the table to be successful and impactful for their clients and organizations. This Lunch & Learn session introduces the concept of the Philanthropic Continuum and describes a number of charitable giving techniques designed to help individuals progress from casual donor to serious philanthropist.

Bring your brown bag lunch to this session led by Ray Russolillo, CPA, WithumSmith & Brown, PC

About the presenter:

Ray Russolillo is a partner at WithumSmith & Brown's New York office and has over 30 years of professional experience providing wealth management advisory services to high-net-worth individuals and families. He is a New York licensed certified public accountant, personal financial specialist, CERTIFIED FINANCIAL PLANNER™ professional, and Chartered Advisor in Philanthropy.®. Ray specializes in tax management and accounting, wealth design and transfer, and philanthropic planning and administrative services, and integrates these with tailored wealth management solutions appropriate for each individual family situation.

Ray earned his BA degree in economics and BS degree in accounting from Binghamton University. Prior to joining WS+B,Ray was a partner with EisnerLubin llp (merged with WS+B in 2011) and also worked in the Merrill Lynch Private Banking and Investment Group, where he provided tax planning and compliance services for ultra-high-net-worth clients and served as a tax advisor to Merrill’s private wealth advisors. Prior to his tenure with Merrill Lynch, Ray was senior vice president of ta x consulting services at U.S. Trust, Bank of America Private Wealth Management. During his career, Ray has also been associated with PricewaterhouseCoopers and Bessemer Trust Company.

Very active in the accounting profession, Ray sits on the Family Office Committee of the New York State Society of CPAs (NYSSCPA) and on the Not-for-Profit and Tax Policy Committees of the Long Island Association. Ray enjoys teaching, lecturing and writing about tax and financial planning topics. His article "Planning Options for the Philanthropic Client” wa s published in Practical Tax Strategies, a professional journal produced by Thomson Reuters. Ray is the creator and continuing
author of WS+B's blog "Charitable Nation – From Success to Significance ” and teaches federal income taxation at the graduate level as a member of the adjunct faculty of Baruch College in New York City. Ray is currently the president of the Binghamton University Alumni Association and sits on the board of the Binghamton University Foundation, the NY Philanthropic Advisors Network (NYPAN), and several charitable and civic groups in his community. He resides in Nassau County, NY.