Council Dinner Meeting & Election and Speaker Program

Date: Wednesday, May 9, 2018
Time: 4:45pm - 8:00pm
Location: Manchester Country Club, 180 South River Road, Bedford, NH 03110
Speaker: Susan N. Gary, Orlando J. and Marian H. Hollis Professor of Law, University of Oregon School of Law, Impact Investing for Trusts

The Council's final dinner event of the current dues year will be held on Wednesday, May 9, 2018 at the Manchester Country Club located at 180 South River Road in Bedford, NH 03110.   The evening begins at 4:45 p.m. with a cocktail reception followed by dinner at 5:45 p.m.

Our guest speaker will be Susan N. Gary, Orlando J. and Marian H. Hollis Professor of Law, University of Oregon School of Law. She will offer a presentation: Impact Investing for Trusts.

Investing to promote philanthropic goals raises a number of intriguing questions.

How can investments yield both financial returns and other benefits for trust beneficiaries?  Can a trustee engage in ethical investing or impacting investing?  Should a prudent investor be thinking about environmental and social (labor) factors?

Professor Gary will discuss the development of investment strategies that consider more than financial return. Socially responsible investing, mission related investing, and impact investing are all strategies that seek a double bottom line.  ESG integration, a hot topic in finance these days, combines material environmental, social, and governance factors with more traditional financial analysis.  Professor Gary will consider the growing interest in obtaining nonfinancial as well as financial benefits from investments, against the backdrop of fiduciary duties.  She will explain the evolution of the prudent investor standard and will raise ideas for working with settlors and beneficiaries interested in ethical investing and impact investing.

Thank you to our dinner co-sponsors!

 

 






 

Advance Registration is now closed. Please call our office at 603-228-1231 if you want to be added.

About Our Speaker:

SUSAN N. GARY, the Orlando J. and Marian H. Hollis Professor at the University of Oregon School of Law, received her B.A. from Yale University and her J.D. from Columbia University. Before entering academia she practiced with Mayer, Brown & Platt in Chicago, and with DeBandt, van Hecke & Lagae in Brussels.  Professor Gary teaches trusts and estates, estate planning, nonprofit organizations, and an undergraduate course on law and families.  She has written and spoken about the regulation of charities, fiduciary duties including the prudent investor standard, the definition of family for inheritance purposes, donor intent in connection with restricted charitable gifts, and the use of mediation to manage conflict in the estate planning context.  She served as a trustee on the University’s Board of Trustees.

Professor Gary is an Academic Fellow and former Regent of the American College of Trust and Estate Counsel, the preeminent U.S. organization for estate planning lawyers and academics.  She is also served on the Council of the Real Property, Trust and Estate Section of the American Bar Association.  She is the Reporter for the Electronic Wills Drafting Committee of the Uniform Law Commission and served as the Reporter for Uniform Prudent Management of Institutional Funds Act (adopted in 49 states) and the Model Protection of Charitable Assets Act.  She is currently a member of the steering committee of the Intentional Endowments Network and has served as a member of the Advisory Board of the NYU National Center on Philanthropy and the Law.  She has held leadership positions in three sections (trusts and estates, elder law, and nonprofits) of the Association of American Law Schools.

In Oregon, Professor Gary is a member of the Oregon Law Commission and serves as Reporter for its Probate Modernization Work Group.  She is a member of the Executive Committee of the Nonprofit Organizations Law Section of the Oregon State Bar and is leading a review of Oregon’s nonprofit corporation statutes to develop revisions to the statutes.  She served on the Executive Committee of the Estate Planning Section of the Oregon bar for nine years, including serving as its chair, and served as Editor of the Estate Planning Section’s newsletter for 15 years.  Significant recent articles are “Values and Value: University Endowments, Fiduciary Duties, and ESG Investing,” and “Best Interests in the Long Term: Fiduciary Duties and ESG Investing.” Both are available on SSRN.

Questions? Call the council office at 603-228-1231 or click here to email us.

 

 

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