Loading Events
This events has passed.

Guest Speakers: Phil Tobin, Chairman and President, iGiftFund and William A. Payne, Esq., CEO, iGiftFund 

Host: John A. Warnick, Esq., Founder, Purposeful Planning Institute

Description:  Donor advised funds (DAFs) have been around since the 1930’s but it wasn’t until the 1990’s that the concept really began to take root and has grown to be the most popular form of charitable giving today.

In 1986, as Chief Financial Officer for The Cleveland Foundation, Phil Tobin was responsible for implementing what was then only the third or fourth DAF in the country. Phil will both look back at the history of Donor Advised Funds, as well as look forward and examine the innovative, creative ways in which advisors can help clients harness the tremendous potential for the good that can be achieved with DAFs.

The benefits of a DAF are many, including how they can help you grow your practice. Phil will show you how as well as explaining what a DAF is and other matters to include: how a DAF works; the various types of assets than can be contributed; advantages for donors and financial advisors alike; and types of sponsors and questions to ask when choosing a DAF sponsor.

Introduction to Our Guest Speakers

Phil Tobin, Chairman and President

Phil Tobin, one of the true pioneers in the development of donor advised funds, is Chairman/President of the Hudson, Ohio based iGiftFund. iGiftFund is a national, independent, advisor-managed sponsor of donor advised funds.

His 34 years of experience with donor advised funds is arguably the longest in the industry. Throughout this time, Phil has helped donors and their financial advisors establish over $4 billion in donor funds on virtually all custodial platforms.

Phil’s work in donor advised funds began in 1986 as CFO of The Cleveland Foundation, America’s first community foundation.

In 1992 he founded the American Endowment Foundation (AEF), which is now the country’s 16th-largest charity. In 2017, he founded iGiftFund to return donors a more personalized experience in an industry now dominated by the charitable entities of large commercial financial institutions.

Phil is a graduate of the Wharton School of Pennsylvania and served as a financial executive at Sperry Rand, General Tire and Oglebay Norton. He is also a co-founder of the Hudson Community Foundation, established in 2000. He was a founding Trustee of the Investment Fund for Foundations (TIFF).

William A. Payne, Esq., CEO 

Bill is an attorney who brings to iGiftFund 30 plus years of legal experience in areas to include estate planning, probate, and trust administration. As CEO, he supervises the organization’s overall business strategy. He also leads the development and execution of iGiftFund’s long-term strategies, and will monitor the success of the iGiftFund organization team.

After graduating from John Carroll University with a Bachelor of Science in Business Administration, Bill received his law degree from Ohio Northern University. He is admitted to practice in the Ohio Supreme Court, the U.S. District Court for the Northern District of Ohio and all Ohio municipal courts.

Bill is a member of the Northern Ohio Charitable Gift Planners and the Estate Planning Council of Cleveland. An active member of the community, Bill has been involved with End 68 Hours of Hunger, the Cub Scouts, Single Volunteers of Lake County, Leave-A-Legacy, Women’s West Housing Corporation and was a Planned Giving Advisory Committee member to John Carroll University, Ursuline College, and St. Gabriel Church.

A Mentor, Ohio resident, Bill and his wife Susanne are blessed with two wonderful teenage sons. He enjoys traveling and has been to nearly every state as well as to Canada, Mexico, the Cayman Islands, England, Ireland, France, India and backpacked the Himalayan Mountains of Nepal.

Not a Member? Request Guest Access