Professional In-Service Programs

 

 

NATRI & LRCR 2008 National Conference

Hyatt Regency, Denver Colorado

November 18 – 21, 2008

 

 

Tourist brochures provide us with the information that Denver was founded in 1858 during “Pikes Peak or Bust Gold Rush.”  New beginnings for the city were witness to the history making “Wild West” events that have given us colorful tales of settlers, gold miners, and personalities like Buffalo Bill.  Emerging realities present us with a decade of growth in diverse cultures.  In the 1990s an average of 1,000 new residents a week settled in Denver. Currently Hispanic and Latino descendents make up 35 percent of the city and African-Americans make up 11 percent. New Beginnings witnessed the Spaniards and Germans designing a cowboy boot from cowhide leather for the settlers who often times spent the whole day in the saddle rounding up cattle. One Emerging Reality from the same Denver area focuses on comfort, relaxation, and color. Yes, Crocs, made of a proprietary closed-cell resin material called Croslite, were born right here in Colorado.

This year’s NATRI Conference theme, “New Beginnings, Emerging Realities” reflects on the past, reviews the present, and begins to help shape the future.  The mountains that surround us in this place provide us with a symbol of past progress in developing our religious institutes.  Worn down peaks that were subjected to the forces of weather, rivers, glaciers stand beside the relatively newly formed sharp peaks of the Rockies.  We are in the New Beginnings phase once again. Emerging Realities, like the mountains, are calling us to wonder, to be creative, to help shape our future.

2008 Conference attendees will begin to experience the Emerging Reality of a single new organization that will combine financial and legal education, advocacy and consultation. Introducing legal presentations into each session of the conference will illustrate the collaboration that is part of the foundation of the soon to be new organization. Dean Carolyn Woo, from the Mendoza College of Business, University of Notre Dame, opens the conference with her keynote on Preparing Lay Leadership for Religious Service Organizations and the evolving Social Agenda of the Private Sector.  This will be a presentation that further develops last year’s theme of faith and finance.  On Thursday morning Lynn Jarrell, OSU & Dan Ward, OSB, representing our legal partners present a major address on Trends and Challenges for U.S. Diocese and Religious Institutes/Societies.     

We will have a chance to pray together and celebrate Eucharistic Liturgy with Archbishop Charles J. Chaput, OFM, Cap of Denver on Thursday afternoon.  More evening time is allowed in the program to meet with exhibitors.  And we are trying a Friday morning, sit down, buffet style breakfast instead of an evening banquet.

We hope that you will come and join us in this land of Emerging Realities.  Come and experience the history of the “Wild West” and the newness of Crocs.  Come and learn from members who have experienced the changes from the past and are adapting to ever more Emerging Realities. 

 

 

Tuesday November 18

 

General Session – Keynote Address

 

5:30 pm – 7:00 pm

Emerging Realities in Religious Service Organizations and the Private Sector –

Dr. Carolyn Woo

Preparing Lay Leadership for Religious Service Organizations: Challenges to the transition to lay leadership of religious education, social service and healthcare organizations.

Social Agenda of the Private Sector: The global corporate sector is moving toward an increased commitment to a broader social agenda with accountability and a positive impact. This presents significant opportunities for authentic partnerships with the social sector for progress on Tran-sector global problems

 

Carolyn Yauyan Woo, PhD:  Dean and Chair in Entrepreneurial Studies Mendoza College of Business, University of Notre Dame. Dr. Woo’s research focuses on strategy, entrepreneurship, and organizational systems.  

 

 

 

Wednesday, November 19

Session 1         11:00 am – 12:30 pm

 

 

NRRO Update - Handout

 

Workshop 1: New to, or Renewing Your Acquaintance with TRENDS – Laura Reicks, RSM  Handout

Provides overview of logistics of inputting information into TRENDS. Gives steps to follow at your office desk with TRENDS and your Trial Balance open before you. Suggestions for finding and collecting, sorting and organizing, and entering and reviewing data and assumption.

 

Laura Reicks, RSM, MBA:  Former NATRI Executive Director, currently Sisters of Charity, BVM Treasurer. TRENDS developer, trainer and consultant.

 

 

Workshop 2: Attending to the Human Resources – Colleen Coyle            Handout

Provides overview of the organizational, communications and legal issues that may arise in dealing with human resources in a reconfiguration. Lecture and group discussion sparked by hypothetical problems.

 

Colleen M. Coyle, BA, JD:  Partner in Washington, DC Office of the Akin Gump law firm. Manages and tries a variety of complex commercial cases, including class actions and multidistrict litigation. Focuses on patent and trade secret litigation.

 

 

Workshop 3: What Are Alternative Investments? Discover the Mystery in How They Add Value to Your Investment Portfolio – Carolyn LaRocco   Handout 1 of 2          Handout 2 of 2

Introduces Alternative Investing: What are they? How are they used? What impact do they have on investment portfolios? Provides basic primer of each strategy, reviews their incorporation into asset allocation, and discovers the value they add through increased return and risk reduction.

 

Carolyn LaRocco, BS, CFP, CIMA:  Managing Director at Morgan Keegan, with 21+ years experience in the investment field. Focuses on not-for-profit clients assisting with all aspects of the investment management consulting process.

 

Workshop 4: Emerging Issues that Contribute to New Models of Care for Elderly Religious – Catherine Keevey    Handout

Examines planning for a wellness approach to care of elderly religious and those who continue to be active in ministry. Addresses shift from a medical model to a holistic model of care. Includes idea of a philosophy of aging; awareness of the inter-relatedness of mind, body, spirit; and implications for planning and budgeting.

 

Catherine M. Keevey, RN, BSN, MA:  Experience includes Director of Health Care for the Society of the Holy Child, CEO of a Home Health Agency and Hospice, Certified Home Health and Hospice Executive, and NRRO Consultant.

 

 

Workshop 5: Intro to Economics for Treasurers – Walter Coughlin           Handout          

Provides overview of core economic principles and easy methods to monitor economic developments from your office in several minutes per week. Learn to understand and utilize basic economic concepts of planning budgets, choosing investments, and evaluating capital campaigns. Audience interaction encouraged.

 

Walter J. Coughlin, BS, MA:  Executive Vice President or the Denver Bank of Coughlin and Company. Primary areas of expertise are financing for Catholic entities and affordable housing and development financing.

 

 

Workshop 6: The Challenge is Always with Us - Vicki Bergkamp ASC      Handout

As new realities emerge, the ethics of doing business is an ongoing issue for congregations. This workshop is less about answers and more about the questions, less about decisions and more about honesty in exploring alternatives, less about business and more about mission!

 

Vicki Bergkamp, ASC, BS, MBA, EdD:  Treasurer of the US Region of the Adorers of the Blood of Christ. Experience includes Professor of Business at Newman University; Dean of Adult and Professional Studies at Friends University; Provincial Treasurer; NATRI Board member and President; work at the Tri-Conference Retirement Office; and member and Governing Board chair of the Interfaith Center for Corporate Responsibility, a coalition of faith groups who put their values into action in the global marketplace.

 

 

Workshop 7:  Business Office Practices and Procedures for Beginners – Russell Weil & John Bachmann Handout

Discusses a variety of issues: Do you need an audit or review?  What are the differences?   Practical issues in internal controls, recent IRS challenges to documentation, new IRS requirements for documenting gifts, changes in Form 990 filing and information requirements, and what is SOX and what must we do about it.

 

Russ Weil, BS, CPA: A principal in the Certified Public Accounting Firm Weil and Bachmann. Specializes in serving the unique accounting, auditing and financial management needs of not-for-profit institutions.

John Bachmann, BS, CPA:  A partner in the Certified Public Accounting Firm of Weil & Bachmann and business manager for a community of women religious. Specializes in serving health care facilities and not-for-profit organizations. In addition to not-for-profit accounting and tax services, his practice includes budgeting, development of business and investment policies, selection of investment advisors and bond underwriters, feasibility studies, and long range planning.

 

 

 

Session II                     2:00 pm - 3:30 pm

 

Workshop 8:  Government Programs Seminar, Part 1: Introduction to Government Programs – Constance Neeson

Describes scope, range and basics of government benefit programs: Social Security, SSI, Medicare and Medicaid. Describes what is countable as income and assets when applying for benefits, “shortcuts” and resources for benefit application; and offers a plan for managing benefit eligibility.

 

Constance Neeson, LSW: Coordinator of Consulting Services, Benefit Eligibility Management for Religious for Brenner, McDonagh & Tortolani, Inc. Her ministry is assisting members of religious communities to apply for government benefits for which they are eligible.

 

 

Workshop 9: Lay Formation & Mission Integration – Catherine Schwemer, PHJC Handout 1 of 2              Handout 2 of 2

Explores how leadership ensures that congregational values and mission are carried forward by laity hired to fill the positions formerly held by religious. Includes principles of lay formation and mission integration.

 

Catherine Schwemer, PHJC: Executive Director of NACAR (North American Conference of Associates and Religious). Experience includes PHJC Associate Advisory Board, Director of Associates, Editor of NACAR’s newsletter The Associate, executive committee for Partners in Mission, and workshop leader and presenter.

 

 

Workshop 10: Exclaustration and Departures: Legal and Financial Considerations – Dan Ward, OSB        Handout 1 of 2              Handout 2 of 2

Overviews the canonical options available to members who want to leave, should leave or have left. Distinguishes which option should be used. Highlights financial assistance factors.

 

Dan Ward, OSB:  See Thursday Major Address.

 

 

Workshop 11: Mission Possible – Jerry Gumbleton, Mary Kelly, RSM, Vicki Loring           Handout

This session is a follow up to the 2007 conference on reconfiguration and unification.

Addresses organizational opportunities that result during and after restructuring. Provides observations and suggestions on moving positively from the concept of reconfiguring to implementation and beyond. Emphasizes practical steps to align congregation and its internal operating structure with mission and ministry priorities. Particular focus on role of the finance officer in planning and implementation. Includes pitfalls and concerns that cause distress and hardship and unintended consequences from well-intended decisions.

 

Jerry L. Gumbleton, MBA, CPA: A partner in Michigan accounting firm, Plante & Moran. 25+ years experience serving religious congregations, not-for-profit and health care organizations.

Sister Mary Kelly, RSM, BA, MBA, DPH:  Associate Professor at University of Detroit Mercy, Member of Integration Team for Sisters of Mercy of the Americas, assisting with financial aspects of reconfiguring 25 regional communities into 6. Experience as provincial treasurer and controller for homeless shelter.

Vicki Loring, CPA. Certified Valuation Analyst, responsible for Special Projects for the merged community of the Sisters of Mercy of the Americas. Served as CFO for a Regional Community, and member of the NATRI Board.

 

 

Workshop 12: No Compromise: Smart Choices for Responsible Investment Practice – Laura Berry & Francis Coleman            Handout

Reviews 40-year history of responsible investment practices employed by Catholic fiduciaries and investment managers, and makes case for incorporating values into institutional investment practice. Reviews evolution of responsible investment; presents case for responsible investment practices; and lists practical steps for moving your institution forward.

 

Laura Berry, MS, CFP:  Executive Director of the Interfaith Center on Corporate Responsibility, an international coalition of 275 faith-based institutional investors that seeks to build a more just and sustainable society by integrating social values into corporate and investor decisions.

Mr. Francis G. Coleman, BA: Executive Vice President for Christian Brothers Investment Services, responsible for overseeing the Information Technology, Marketing, Communications and Socially Responsible Investing departments at CBIS.

 

 

Workshop 13: Budgets: How to Get the Pieces to Fit – Deann Barnett    Handout 1 of 3     Handout 2 of 3              Handout 3 of 3

Explores how to incorporate corporate and mission information together to determine the direction of the organization. Provides guidelines and simple techniques to make this daunting task manageable and informative, and gives you tools to approach the budget process with confidence and success.

 

Deann Barnett, BA, CPA:  Controller for the Sisters of St. Francis of Colorado Springs. Completely revamped accounting system to include the budget process. Oversees financial reporting, including mission houses, corporate investments and banking, actuarial study, insurance and the audit function.

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Workshop 14: Disposition of Real Estate and Property Issues – Beverly Erickson & Keith Zekind             Handout

Addresses how an organization can objectively evaluate its existing real estate holdings, determine both short- and long-term needs, and utilize an effective disposition process, while integrating these complex decisions with mission and ministry needs.

 

Beverly Erickson, BS, MBA:  Vice President of Real Estate Advisory Services at Plante Moran CRESA. Specializes in asset and portfolio planning, project feasibility, financial modeling, acquisitions, partnership structures, financing, and project management, in for-profit and not-for-profit sectors.

Keith Zekind, BA:  Director of Finance for the Congregation of the Passion, Holy Cross Province, Chicago. Served on NATRI’s Board, the Pension Board of Christian Brothers, NRVC’s Finance Advisory Committee and NCDC’s Accountability Task Force. Treasurer of Pathways to Hope, a CMSM Region 5 sponsored organization that provides outreach to victims/survivors of sexual misconduct.

 

 

Session III                    4:00 pm – 5:30 pm

 

Workshop 15:  Government Programs Seminar, Part 2: 2008-2009 Update of Government Programs – Constance Neeson

Covers the latest changes in government benefit programs for 2008 and looks ahead to 2009, including 2008 and 2009 income standards for various programs, Medicare D changes, and revisions to the Form 1696 SSA Authorized Representative Form.

 

Constance Neeson:  See Workshop 8.

 

Workshop 16:  Emerging Realities in Development Programs – Madeline Franze, SSJ, CFRE & Mary McFadden, SSJ, CFRE       Handout

Learn about the emerging realities which affect the development process in religious institutes today and how building the correct infrastructure can keep the development program vibrant.

 

Sister Madeline Franze, SSJ, MA, CFRE:  Certified by the Association of Fundraising Professionals. Sr. Madeline works full time as a development consultant for religious communities. She initiated her Congregation’s Development Program and served as both Director and Co-Director. Also served on the National Catholic Development Conference Board of Directors.

Sister Mary McFadden, SSJ, MA, CFRE:  Development consultant for religious communities and certified by the Association of Fundraising Professionals. Served as Co-Director of Development in her Congregation.

 

 

Workshop 17:  Why, What, When, Who and How: Due Diligence Audit – Colleen Coyle & Sue Novak                    Handout

Discusses a due diligence audit from a legal and operational perspective and addresses how to prepare for a due diligence audit. Important for leadership and treasurers.

 

Colleen Coyle:  See Workshop 2.

Sue Novak, BS, CPA:  A partner in the Not-for-Profit Services Group of the Michigan-based accounting firm Plante & Moran, PLLC, with 20+ years experience in the not-for-profit industry. She provides accounting, auditing, tax and management consulting services to a variety of not-for-profit organizations and religious congregations.

 

 

Workshop 18: Climate Change, Commerce and Communities: Sustainable Investing for Religious Institutes – Cheryl Smith            Handout 1 of 5              Handout 2 of 5              Handout 3 of 5              Handout 4 of 5              Handout 5 of 5

Practical approaches for incorporating economic justice, community development, and ecological sustainability in investment management and decisions, regardless of your method of asset management. Discusses meaning of sustainable investing, strategies to use, and getting started.  

Cheryl Smith, CFA, PhD:  Executive vice president and senior portfolio manager at Trillium Asset Management Corporation; chair of the board of the Social Investment Forum (national association for the social investment industry); chair of Trillium’s Proxy Policy Committee; serves on Episcopal Divinity School board; and steering committee for the Institute for Responsible Investment.

 

 

Workshop 19: Strategic Planning and Project Management for Religious Properties in Changing Times – Louis Baird & William O’Connor           Handout

Focuses on effective strategies for managing building projects and properties to stretch financial resources while exacting maximum efficiencies from dollars spent.

 

Louis F. Baird, BA:  Experiences include Director of Facilities for Baltimore Archdiocese; Loss Control Engineering consultant, managing construction projects and property transactions for religious and clergy; Catholic Conference for Facility Management President; Facility Management instructor to Seminarians; and co-owner of two Facility Management Consulting firms.

William O’Connor, BA, MS:  Founder of Professional Project Management, a facilities management and construction consulting company founded to serve religious communities and institutions. Field engineer, and Director for more than 5000 New York Archdiocese buildings.

 

Workshop 20:  Leverage Your Banking Relationship with the Latest Products to Ensure Control, Efficiency, and Fraud Prevention – Pamela Paige & Greg Welch                            Handout

Includes information reporting and control, loans and lines of credit geared towards not-for-profit organizations, electronic collections and disbursements, on-site deposit of checks, wire transfer services, and Positive Pay and other fraud prevention measures.

 

Gregory Welch, BA, GSB:  Vice President for UMB Bank Colorado, with 18+ years experience in the banking industry, specializing in commercial lending, governmental and non-profit lending, and small business banking.

Pamela Paige:  Senior Officer of US Bank Colorado.

 

Workshop 21: It’s All about Finances: Earning, Investing, Spending, Reporting! –

Barbara Winnals, SSJ                Handout

Presents varied styles of reporting financial information to leadership, membership, boards, finance committees, and development offices. Know your audience!  What do they need to make decisions? 

 

Barbara Ann Winnals, SSJ, MBA, CNPM:  Treasurer of the Sisters of Saint Joseph, Philadelphia;  served on the Boards of many community sponsored works, a skilled nursing facility, several HUD Housing Projects. NATRI and LRCR, and the Pennsylvania Interfaith Housing Board. Involved in development of TRENDS; is a TRENDS consultant and a NATRI/NRRO financial consultant.

 

 

Thursday, November 20, 2008

 

General Session – Major Address

 

9:00 am – 10:30 am      

Catholic Identity: Ministry – Liability – Employment: Trends and Challenges For U.S. Dioceses and Religious Institutes/Societies -- Daniel  Ward, OSB & Lynn Jarrell, OSU                 Handout

Examines how present trends forecast future challenges in maintaining a balanced canonical relationship between dioceses and institutes/societies in the changing landscape of the U.S. Church, the litigiousness of the U.S. legal system, the diversity of work and ministry, and the tendency of some dioceses to control institutes/societies.

 

Lynn Jarrell, OSU, JCD: President of the Ursuline Sisters of Louisville; former LRCR Associate Director for Canonical Affairs; works with leadership of religious foundations as consultant, presenter and teacher.

Daniel Ward, OSB, JD, JCL:  Benedictine monk of St. John’s Abbey, Collegeville and serves on the Council of the President for the American Cassinese Congregation. LRCR Executive Director; author, lecturer and legal consultant. Dan will be the Executive Director of the merged Resource Center for Religious Institutes in January, 2009

 

 

 

Session IV                   11:00 am – 12:30 pm

 

Workshop 22: Basic Understandings – Legal/Finance – Hertha Longo, CSA

Introduction for new leaders and treasurers. Highlights the relationship between leadership, treasurers and CFOs as necessary in a value-directed organization. Includes an understanding of financial reports, financial oversight and long-range planning, the importance of investments using resources for mission and member support, and Civil and Canon Law as a resource.

 

Hertha Longo, CSA, BSN, MBA, PhD:  General Treasurer for the Sisters of St. Agnes in Fond du Lac, WI. Current NATRI Board Chair and member of LRCR Board; Chair of Board of Directors for a skilled care licensed facility; a TRENDS consultant; NATRI/NRRO finance consultant; and  NRRO Eldercare consultant.

 

 

Workshop 23: Envisioning Faith Based Ministry of Investments: Are you Positioned for the Global Transformation? – Kathleen Hegenbart                    Handout

Designed for treasurers who want to transform and ensure the financial future of their community with specific solutions for envisioning: 1) the realities of the current global economic environment 2 ) new standards for best practices and 3) blending of mission-based faith ministry and socially responsible investing with opposing global realities.

 

Kathleen Hegenbart, BA, CIMC:  Senior Vice President and Senior Institutional Consultant at Citi Smith Barney, serving as advisor to Catholic organizations, non-profit institutions and individuals. Positions  on the Board of Trustees of Lasell College, and of St. Joseph Hill Academy, New York.

 

 

Workshop 24:  Advanced Topics in Accounting – Sue Novak      Handout

Examines learnings from recently implemented auditing standards and implications for the audit process and control environment. Reviews financial statement reporting variations, accounting and reporting for merged/consolidated communities, and common areas of confusion in accounting and reporting.

 

Sue Novak – See Workshop 17.

 

 

Workshop 25:  Frequently Asked Legal Questions, Part I – Donna Sauer  Handout

Presented in two parts with Workshop 31, this explores some frequently asked legal questions. Topics may include taxation issues at the corporate and individual taxpayer levels (including stimulus payment questions), and employment contracts between members and Catholic and non-Catholic employers.

 

Donna Sauer, BS, JD, JCL:  LRCR Associate Director for Civil Law. Practiced law 4 years in a civil law firm and 2 years as a criminal prosecutor; served as judge in Owensboro Marriage Tribunal, as a diocesan canonical advisor, and as Diocesan Coordinator for the Office for Safe Environment.

 

 

Workshop 26:  The Most Important Determinant of Investment Return: Asset Allocation --  James Modelski & James Jensen            Handout

This interactive workshop helps fiduciaries through the basics of asset allocation, capital market assumptions, developing expected return assumptions and using models to determine strategies. Examines percentages to allocate to stocks, bonds or other asset classes.

 

Jim Modelski, MBA, CFS and Jim Jensen, BS, CIMA:  Consultants at DiMeo Schneider & Associates in Chicago, working with institutional clients providing information and advice fund oversight including asset allocation analysis, manager research, portfolio structure and rebalancing, performance monitoring, and overall investment policy.

 

 

Workshop 27:  Blending Religious Life and Sustainable Design – Julie Heiberger & Pat Del Ponte                         Handout

Explores advantages of incorporating sustainability into religious community—reducing operational costs and environmental impact. Examines physiological, operational, and economic benefits of planned, designed, and constructed sustainable features. Demonstrates effectiveness through examples. Introduces LEED^® standards.

 

Julia Heiberger, BS, MA:  Project designer for Hoffman LLP in Appleton, WI. 16 years of industry experience, involved in renovation, construction and deconstruction of religious facilities throughout the country. Experience includes space utilization studies, master planning, space programming, design, and construction administration.

Patrick Del Ponte;  Senior Planner from Hoffman. Worked with 20 religious communities, assessing suitability of their natural and built environments to achieve their mission. Experience includes space utilization studies, property condition and energy assessments, site analysis, master planning, and sustainable design. Recognized by the National Design Build Institute of America for his integrated approach to planning, design and construction.

 

 

Workshop 28: Privacy, Computer and Data Protection: How Safe is Your Information? – Sr. Diana Seago, OSB

Geared toward small offices and beginners in computing. Examines ways to protect private information, computer, and data without spending a lot. Discusses and demonstrates safe and free online tools. Highlights green computing practices and tools.

 

Sister Diana Seago, OSB, BA:  A self-taught system administer and director of computing in her Monastery in Atchison, KS. She repairs and builds computers, is responsible for 94 computers and 33 printers, fixes problems when they arise and keeps the network up and running.   

 

 

 

Session V                    2:00 pm – 3:30 pm

 

Workshop 29:  What’s Happening in Rome?  Recent Decisions and Response Affecting Religious Life – Sharon Euart, RSM

Discusses recent decisions and responses from Rome affecting religious life.

 

Sister Sharon A. Euart, RSM, MA, JCD:  Executive Coordinator for the Canon Law Society of America, visiting professor at The Catholic University of America in the School of Canon Law. She served as Associate General Secretary for the USCCB, Director of Research & Planning for the Baltimore Archdiocese, president of the Canon Law Society of America, consultant to the USCCB Canonical Affairs Committee, vice-chair of the Board of Directors of the Center for Applied Research in the Apostolate, and a member of the Catholic Common Ground Initiative.

 

Workshop 30:  The New World of Nonprofit Governance: Sarbanes-Oxley & Congressional Hearings – Russell Weil & John Bachmann         Handout

Addresses issues in the corporate governance of an Institute and in its sponsored ministries. Highlights major SOX requirements; and provides a “governance-challenged organization” case study in which all attendees will participate.

 

Russ Weil & John Bachmann - See Workshop 7.

 

 

Workshop 31: Frequently Asked Legal Questions, Part 2 – Donna Sauer, JCL, JD            Handout

Part 2 of this two-part workshop includes such legal topics as unrelated business income tax, filing Forms 990 and 990-T, and employment issues regarding volunteers and undocumented aliens.

 

Donna Sauer - See Workshop 25.

 

Workshop 32:  Project Finance: How Issuing Debt Could Help, Not Hinder, your Mission – Lynn Daly                   Handout

Explores tax-exempt debt, talks about qualifying projects, discusses savings potential, compares tax-exempt debt with conventional bank debt, and spell-outs the process, participants and pitfalls.

 

Lynn Daly, BA, MA:  Senior Vice President with Ziegler Capital Markets Group–Church & School Finance, with 18+ years experience in financial services with not-for-profit organizations. Specializes in underwriting tax-exempt and taxable bond financings for private elementary and higher education schools, Catholic dioceses and religious orders.

 

 

Workshop 33: The Finance Officer’s Role as a Fiduciary – Karen Watson

A copy of the presentation is available by request.  Please contact Karen Watson at (412) 232-1000 or watson@yannipartners.com.

 

Addresses the roles of the portfolio’s vendors and how to select them, how to incorporate the community’s strategic mission and social guidelines into the portfolio, how to determine appropriate asset allocation, and how to measure and evaluate performance.

 

Karen D. Watson, CFA is a Senior Consultant at Yanni Partners, a national independent investment consulting firm. With 20 years of professional, investment consulting experience, Ms. Watson provides professional investment advisory services to corporate, healthcare, municipal, Taft-Hartley, and charitable clients, and develops investment policies and provides asset allocation modeling and risk/return analyses.

 

 

 

Friday, November 21, 2008

Session VI                   9:30 am – 10:45 am

 

Workshop 34: The Ministerial Exception to Title VII: Does It Exist? – Thomas Hoy    Handout

Describes and analyzes recent developments taken by various U.S. Circuit Courts of Appeals regarding the basis for and extent of the ministerial exception to the Title VII prohibition against discrimination in employment. Explores proposals for an analytical framework that meets the underlying foundations of the Religious Clauses of the U.S. Constitution.

 

Thomas A. Hoy, JD:  A partner in the Louisville law firm of Woodward, Hobson & Fulton, LLP.

Practices in general business and corporate law with emphasis on hospital and health care clients. Includes regulatory work in licensure and Certificate of Need, credentialing and medical staff disciplinary matters, purchase and sale of business and physician practices, and other transactional matters involving health care providers. Honored among The Best Lawyers in America in the practice of “Health Care Law.”

 

 

Workshop 35: Conference Evaluation Through the Lens of Small Community Treasurers and Leadership - Mary Rochelle Guertal, OSST

Feedback regarding the value of the pre-conference session for small communities. Bring ideas and suggestions that will help NATRI/LRCR shape future workshops and consultations that will assist small communities with their finance office ministry.

 

Sr. Mary Rochelle Guertal, OSST, BA, MA:  A member of the Sisters of the Most Blessed Trinity, a very small community in the United States and international community with a Motherhouse in Rome. Experience includes teacher, principal, Formation Directress, treasurer, and Leadership Council of her community.

 

 

Workshop 36: The Backbone of TRENDS: Assumptions – Laura Reicks, RSM                 Handout

Topics include the persons to involve in identifying assumptions, the optimum breakdown in projecting funds, inflation assumptions, the impact of the non-earner limit, the role of cost of care figures and evaluating their proximity to actual expenses, return on investments, and others. Checklists to evaluate Assumptions will be provided and explained.

 

Laura Reicks, RSM – See Workshop 1.

 

 

Workshop 37: How to Manage Assets and Ministries: What are the Options? Part 1 – Mark MacDougall    Handout 1 of 2              Handout 2 of 2

This two part workshop addresses available legal structures and entities for managing assets and governing ministries: trusts, foundations, corporations, holding companies, etc. After deciding the preferred legal entity, the workshop addresses available options for governance.

 

Mark MacDougall, MBA, JD:  A partner in Washington, DC office of the law firm Akin Gump Strauss Hauer and Feld, LLP, representing individuals and institutions facing civil claims, criminal investigations and international legal challenges. MacDougall has received national recognition for his pro bono trial representation of indigent defendants facing the death penalty. He directs Akin Gump’s extensive representation of religious institutes and congregations and is an authority on the civil reconfiguration of religious orders.

 

 

Workshop 38:  Social Security and YOU – Douglas Smith

Discusses Social Security Retirement, Disability and Survivor benefits, Medicare and the SSI program, eligibility requirements, required documents and updates. Covers basic Social Security programs and how they affect the financial future.

 

Doug Smith, BA:  Senior Public Affairs Specialist for the Social Security Administration in the Denver Region. Arranges programs and educational and media outreach activities and organizes town hall meetings and community forums that address the changing complexity of the Social Security program.

 

 

Workshop 39:  Spiritual Eldering for Religious – Sister Macrina Scott, OSF    Handout

Explores the “graying of America” implications for religious congregations in light of a new paradigm of aging created by Rabbi Zalman Schachter-Shalomi and adapted by Sr. Macrina. Older religious find new opportunities for personal growth and service and congregations discover a rich resource in their older members.

 

Sister Macrina Scott, OSF, MA:  Director of Wisdom Center in Denver which offers programs in spirituality for the second half of life. Founder and director of the Catholic Biblical School of Denver Archdiocese. Author of articles and books. Certified in Spiritual Eldering under the direction of Rabbi Schachter-Shalomi.

 

 

Workshop 40:  Peeling Back the Onion on Your Investment Expenses: Adding it All Up – Mary L. Tomanek & Norman E. Nabhan             Handout

Provides information on analyzing institutes’ expenses. Includes traditional investment management expenses, alternative investment expenses, analyzing expenses relating to investment manager selection, best practices, and expectations for future fee trends.

 

Mary L. Tomanek, BS, CFP, CIMA: Senior Vice President, Wealth Management and Senior

Institutional Consultant with Smith Barney, with 25+ years of experience. Helped develop the Government Finance Officers Association Pension Investment Policy Checklist, and NATRI’s White Paper, An Investment Policy.

 

Norman E. Nabhan, BA, CIMA:  Managing Director of Citigroup and member of The Kelsey/Nabhan Group of Citi Institutional Consulting in Houston, with 30+ years of experience helping institutional investors design spending and investment policy, asset allocation strategies, select appropriate investment management firms and conduct regular rebalancing and portfolio reviews. He is also the National Director of Foundation and Non-Profit Consulting.

 

 

Session VII                 11:15 am – 12:30 pm 

 

Workshop 41: Conference Evaluation Through the Lens of Small Community Treasurers and Leadership - Mary Rochelle Guertal, OSST

REPEAT of Workshop 35

 

 

Workshop 42: How to Manage Assets and Ministries: What are the Options? PART 2 – Mark MacDougall (Please see workshop 37 for Handouts)

As a follow-up to Workshop 37, this addresses various options for governance of legal entities designed to manage assets and ministries.

 

 

Workshop 43:  Social Security and YOU – Douglas Smith

REPEAT of Workshop 38

 

 

Workshop 44: Taking the Crisis Out of Crisis Communication – Cynthia Krohn      Handout

Draws upon recent media events, and her experience as a television reporter/producer. Attendees will receive a resource CD for use in creating a Crisis Communication Plan. Learn how to control the media so they don’t control you!

 

Cynthia Krohn, BA, MA:  Educational Development and Communications Specialist for Christian Brothers Risk Management Services and serves as the Media Coordinator for the Christian Brothers Media Communications Team, with 17 years experience in journalism and communication.

 

 

Workshop 45: Fight or Flight? Managing Stress and Distress in the Workplace – Michael Morton  Handout

Explores personal and organizational distress. Looks at healthy responses to the physical, emotional, and spiritual aspects of the individual and internal and external controls.

 

Michael Morton, MA:   Executive Director of Guest House Institute, the educational subsidiary of Guest House Inc.—a residential treatment center for clergy and religious. An educator, family therapist and counselor with 20+ years experience including direct service and administration.

 

 

2008 Gem Tapes Order Form for NATRI/LRCR National Conference

 

 

 

 

 

 

 

 

 

 

 

 

 

        

 

Orientation to Financial Management of Religious Institutes

A seminar for Financial and Leadership Personnel of Religious Institutes

OFM 2008 Booklet