Martindale-Hubbell Law Directory is the most complete, trusted source for identifying qualified legal counsel - Jonathan D. Ackerman's Martindale-Hubbell Page Charitable Registry, LLC www.charitableregistry.com Provides information concerning the registration rules applicable to charitable organizations to comply with state charitable solicitations filing requirements. Partnership for Philanthropic Planning (formerly National Committee on Planned Giving) The Partnership is a national organization dedicated to improving both the quality and quantity of philanthropic planning. Going beyond wills and trusts, the Partnership focuses on people, tools, values and best practices that work together to make planned giving more meaningful. www.pppnet.org Planned Giving Design Center www.pgdc.net Provides a wealth of information on planned giving & a basic gift planning calculator. Chesapeake Planned Giving Council www.cpgc.org A planned giving council in and around Baltimore, which provides educational and networking opportunities to all disciplines interested in charitable gift planning. National Capital Gift Planning Council www.ncgpc.org A planned giving council in and around DC, which provides educational and networking opportunities to all disciplines interested in charitable gift planning. American Council on Gift Annuities www.acga-web.org Provides an explanation for the calculation of sound gift annuity rates and other important information on charitable gift annuities. Independent Sector www.independentsector.org A leadership forum for charities, foundations, and corporate giving programs committed to advancing the common good in America and around the world. Association of Baltimore Area Grantmakers www.abagmd.org Association whose primary purposes are to strengthen and promote organized private philanthropy in the Baltimore region, facilitate effective grantmaking by our member organizations, and provide supportive activities to enhance the nonprofit sector. Interesting Facts Regarding Family-Owned Businesses: Family-owned businesses represent more than 50% of the U.S. Gross Domestic Product and 60% of the total U.S. employment. (Financial Planning, November 1999) Family-owned businesses comprise a major part of America's wealth — 80-90% of all business enterprises in North America. (J.H. Astrachan and M.C. Shanker, Family Business Review www.ffi.org) Family-owned businesses struggle to survive generation to generation — with 30% surviving the second generation, 12% surviving the third generation, and only 3% surviving the fourth generation. (Joseph Astrachan, Ph. D., editor, Family Business Review www.ffi.org) Improper planning for business succession and lack of funds to pay estate taxes were two leading causes for the demise of a family-owned business, and in almost 50% of the cases, the death of the founder precipitated that demise. (Survey of 800 family-owned businesses, University of Connecticut Family Business Program www.sba.uconn.edu/FamilyBusiness) Of primary importance to family firm wealth holders is not just the transfer of wealth, but also the transfer of values, which includes encouraging children to earn their own money and philanthropic giving and volunteering. (Wealth with Responsibility Study/2000, Bankers Trust Private Banking, Deutsche Bank Group) By the year 2005, transitions will occur as the primary owner of most of the family-owned businesses will retire or die, causing in significant part the largest intergenerational transfer of wealth in U.S. history. (Robert Avery, Cornell University, "The Ten Trillion Dollar Question: A Philanthropic Gameplan," Initiatives)