Docsity
Docsity
Prepare for your exams
Prepare for your exams

Study with the several resources on Docsity

Earn points to download
Earn points to download

Earn points by helping other students or get them with a premium plan

Guidelines and tips
Guidelines and tips
Sell on Docsity
Sell on Docsity
Docsity AI
Docsity AI
Log inSign up

Prepare for your exams

Study with the several resources on Docsity

Find documents

Prepare for your exams with the study notes shared by other students like you on Docsity

Search for your university

Find the specific documents for your university's exams

Docsity AINEW

Summarize your documents, ask them questions, convert them into quizzes and concept maps

Explore questions

Clear up your doubts by reading the answers to questions asked by your fellow students

Earn points to download

Earn points by helping other students or get them with a premium plan

Share documents
download point icon20 Points

For each uploaded document

Answer questions
download point icon5 Points

For each given answer (max 1 per day)

All the ways to get free points
Get points immediately

Choose a premium plan with all the points you need

Study Opportunities

Choose your next study program

Get in touch with the best universities in the world. Search through thousands of universities and official partners

Community

Ask the community

Ask the community for help and clear up your study doubts

Free resources

Our save-the-student-ebooks!

Download our free guides on studying techniques, anxiety management strategies, and thesis advice from Docsity tutors

Philanthropic Advising: Navigating Generational Dynamics, Exams of Nursing

University of OxfordNursing

Insights into the role of a financial advisor in working with families on philanthropic planning. It covers key concepts such as the four levels of listening, the components of a thinking environment, and best practices for facilitating family meetings. The document also delves into the financial planning process, including specialized areas like education funding, elder care, and disability planning. The primary focus is on helping advisors understand and navigate the unique dynamics that arise when working with multiple generations of philanthropists to align their goals, values, and legacy. By studying this document, readers can gain a deeper understanding of the nuanced skills and strategies required to effectively guide families through the complex landscape of philanthropic decision-making.

Typology: Exams

2023/2024

Available from 08/13/2024

Toperthetop
Toperthetop ๐Ÿ‡ฌ๐Ÿ‡ง

3

(6)

28K documents

1 / 7

Toggle sidebar

This page cannot be seen from the preview

Don't miss anything!

bg1
CAP - GS839 Assignment 8 (Three
Generations of Philanthropists)
Overhear - correct answer โœ”โœ”Hearing more than what was actually said
Accompaniment - correct answer โœ”โœ”As the advisor, you're on the path with the donor/client and you're
following their cues rather than giving them cues
Seasons (Philanthropy) - correct answer โœ”โœ”Natural cycles of birth, death and renewal
In working with families, as an advisor, what's the primary goal? - correct answer โœ”โœ”All the family
members' boats rise
The 10 Components of the Thinking Environment - correct answer โœ”โœ”- Attention
- Equality
- Ease
- Appreciation
- Encouragement
- Feelings
- Info
- Difference
- Incisive Questions
- Place
4 Levels of Listening (Scharmer) - correct answer โœ”โœ”1. Downloading ("yea, I know that already")
2. Factual ("oh, I didn't know that")
3. Empathetic ("I know exactly how you feel")
4. Generative ("I can't explain what I just experienced")
pf3
pf4
pf5

Partial preview of the text

Download Philanthropic Advising: Navigating Generational Dynamics and more Exams Nursing in PDF only on Docsity!

CAP - GS839 Assignment 8 (Three

Generations of Philanthropists)

Overhear - correct answer โœ”โœ”Hearing more than what was actually said Accompaniment - correct answer โœ”โœ”As the advisor, you're on the path with the donor/client and you're following their cues rather than giving them cues Seasons (Philanthropy) - correct answer โœ”โœ”Natural cycles of birth, death and renewal In working with families, as an advisor, what's the primary goal? - correct answer โœ”โœ”All the family members' boats rise The 10 Components of the Thinking Environment - correct answer โœ”โœ”- Attention

  • Equality
  • Ease
  • Appreciation
  • Encouragement
  • Feelings
  • Info
  • Difference
  • Incisive Questions
  • Place 4 Levels of Listening (Scharmer) - correct answer โœ”โœ”1. Downloading ("yea, I know that already")
  1. Factual ("oh, I didn't know that")
  2. Empathetic ("I know exactly how you feel")
  3. Generative ("I can't explain what I just experienced")

Generative Level - correct answer โœ”โœ”- Listening within a field of possibility

  • In group dynamics, it is called "synergy"
  • In interpersonal communications, it is called "oneness" and "flow" Humble Inquiry - correct answer โœ”โœ”The fine art of drawing someone out of asking questions to which you do not already know the answer, of building a relationship based on curiosity and interest in the other person Listening for Identity: Age, Stage and Story - correct answer โœ”โœ”- Who are you?
  • Where are you from?
  • Where are you now?
  • Where are you going?
  • How does it end?
  • What will live on? ** Consider using the above-the-line/below-the-line concept to frame the conversation How to get the family communicating - correct answer โœ”โœ”1. Use a Facilitator
  1. Have a planned agenda
  2. Do an opening round in which none of the participants interrupts or comments upon others' observations Establish Ground Rules for Meetings - correct answer โœ”โœ”- "But" is not allowed
  • Interruptions are not allowed
  • "Ouch" stops a conversation thread Best Practices in Working with a Family - correct answer โœ”โœ”- Do a final appreciation round
  • Recognize they are "modeling" behavior for the coming generations
  • Let them know they are legacy stakeholders
  1. Multi-purpose
  • How can I meet my goals of retiring at 60 and funding my children's education?
  1. Comprehensive
  • How can we manage our wealth to meet our needs for current and future income, including the income needs of our planned estate Specialized Areas of Financial Planning - correct answer โœ”โœ”- Education funding
  • Divorce
  • Elder Care
  • Disability
  • Terminal Illness Planning Process - correct answer โœ”โœ”1. Discovery/Agreement
  1. Fact-Finding
  2. Scenarios Are Run
  3. Decisions Are Made
  4. Implementation & Revision Discovery/Agreement - correct answer โœ”โœ”Vision (What are we trying to accomplish, and for whom?) / Financials (With what resources?) Role of the Trustee - correct answer โœ”โœ”- Great Trustees do more than manage assets
  • Trustees should be willing to reach out to beneficiaries behind their legal & administrative duties
  • Trustees should see each beneficiary as a unique individual = A great Trustee can be a beneficiary's advocate Specialized planning for a CFP may involve such topics as education funding, divorce, elder care, disability, terminal illness, non-traditional families, job change and jobs loss, and dependency's with special needs. Which of the issues below is also included in the CFP list of special issues?

I. Monetary Windfalls II. Philanthropy - correct answer โœ”โœ”I. Monetary Winfalls A good discovery/agreement conversation for a philanthropic client or donor should include which of these? I. Where do you want an impact? II. When do you want to have impact? - correct answer โœ”โœ”Both All of these shortfalls or gaps can be determined by projecting the client's financial situation forward with financial planning software, EXCEPT A. Gap between desired social impact and likely result of the gift B. Gap in money needed at retirement C. Gap in money needed by survivors at death of breadwinner D. Gap between money needed at disability and actual income, if disabled - correct answer โœ”โœ”A. Gap between desired social impact and likely result of the gift As taught in CAP, what would a good discovery/agreement interview accomplish? I. Planner and client/donor agree on relevant facts as to the client/donor's finances and current legal documents II. Planner and client/donor become clear as to goals, dreams, and aspirations - correct answer โœ”โœ”Both In the CFP process and worldview, each of these is among the major issue areas, EXCEPT A. Risk management and insurance planning B. Income tax planning C. Retirement planning D. Charitable planning - correct answer โœ”โœ”D. Charitable Planning

A. Listening that generates a sale or gift B. Listening that generates a good conversation C. Listening in which the speaker is fully comprehended by the hearer D. Listening in which something new and even uncanny makes itself heard, as if coming from beyond both hearer and speaker - correct answer โœ”โœ”D. Listening in which something new and even uncanny makes itself heard, as if coming from beyond both hearer and speaker