Deferred Compensation News and Updates

Deferred Compensation News brings you the latest information and insights on 409A nonqualified deferred compensation; institutional COLI, BOLI, and ICOLI; tax-and cost-efficient non-COLI funding strategies; low-cost tax managed non-COLI asset/liability designs; executive benefits benchmarking; succession planning and timely issues of executive pay and benefits. 
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December 21, 2021

Fulcrum Partners Reminds Taxpayers about Charitable Donations in 2021

Arise Rwanda

ATLANTA, GA — (December 21, 2021) Fulcrum Partners, a OneDigital Company, reminds U.S. federal taxpayers that the temporary tax break for charitable donations to qualified organizations continues through December 31, 2021, even for taxpayers who do not itemize their deductions. This special ruling, currently scheduled to expire on January 1, 2022, was put in place as part of the CARES Act of March 2020. Last December lawmakers extended the deduction through 2021. “For many companies, families and individuals, end-of-year charitable giving is as much a part of the holiday season as hanging stockings or decorating a tree,” said Fulcrum Partners Managing Director Mike Powers. “But our team wanted to remind taxpayers that with this provision of the CARES Act likely ending this month, they may want to ensure that their seasonal charitable donations are counted before the year ends.” With a commitment to “Leadership through Service,” the team at Fulcrum Partners supports select charitable organizations, locally and worldwide. Among the organizations to receive charitable donations from Fulcrum Partners are Cristo Rey Network New York High School, Daniel Kids, Delray Beach Public Library, World Bicycle Relief, Boys and Girls Club of Bluffton, Arise Rwanda Ministries, Hugaroo, Chapman University, Junior Achievement Orange
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April 05, 2017

Fulcrum Partners Celebrates with Arise Rwanda

Arise Rwanda

Fulcrum Partners Celebrates with Arise Rwanda Fulcrum Partners LLC. joins Arise Rwanda Ministries (ARM), in celebrating goals realized as ARM pursues its mission of changing Rwandan lives through education, clean water, and financial opportunity. More than two years have passed since the Fulcrum Partners team united with Arise Rwanda, working toward the objective of building a vocational school in Boneza. During this time, members of the Fulcrum Partners executive team have gone to Rwanda to contribute their time and talents firsthand and collectively, Fulcrum Partners has donated more than $20,000 through the Valmark Global Gift Fund. Their purpose has been to facilitate the dream of John B. Gasangwa, founder of Arise Rwanda Ministries, and help make Kivu Hills Academy a reality. As you watch this short video, and see Phase I of Kivu Hills Academy vocational school in Boneza, Rwanda sitting on the crest of the hillside, remember that only a short time ago this was undeveloped land, inaccessible by roads, and with no access to utilities. More amazingly, much of the design, development, and construction of the facility can be credited to the school’s first class of students, who have literally been learning as they go. You can read
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May 31, 2016

Fulcrum Partners Team Inspired as Kivu Hills Academy First Term Completed

Arise Rwanda

Fulcrum Partners Team Inspired as Kivu Hills Academy First Term Completed The team at Fulcrum Partners has been part of the journey to build and launch the first vocational high school in Boneza, Rwanda for more than two years. (See: Fulcrum Partners Supports Valmark Global Gift Fund and Completing Phase I of Construction at Kivu Hills Academy). We celebrate with the Arise Rwanda Ministry as the school’s first class now completes its first term. To commemorate this milestone, the school held a Dedication Ceremony, inviting district and sector leaders, local pastors, and ARM Board member Pam Fogg, and founder John Gasangwa. The following speech given by Eric Ndayishimiye, one of the members of the first class who call themselves Pioneers, says it all: Good Morning, ladies and gentlemen. Our guest of Honor, Pam Fogg; President and founder of Arise Rwanda Ministries, John Gasangwa; Honorable Odette Nyiramirimo; District and Sector leaders; Pastors and Arise Rwanda staff; Hill Academy staff; My fellow Kivu Hills Academy students; Friends and partners of KHA and ARM. On behalf of my fellow students, I would like to take this opportunity to welcome you all for the noble Kivu Hills Academy dedication ceremony and to move a vote of thanks to all stakeholders. To the Pioneers of KHA –
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December 14, 2015

Fulcrum Partners Supports Vocational School in Rwanda

Arise Rwanda

Fulcrum Partners LLC is proud to distribute this update, released to the national media on December 14, 2015. Fulcrum Partners Supports Vocational School in Rwanda Through Valmark Global Gift Fund PONTE VEDRA BEACH, FL – (December 14, 2015) – Fulcrum Partners LLC, (www.fulcrumpartnersllc.com) the nation’s leading and largest executive benefits consultancy, has donated $10,000 to support construction of the first vocational school in Boneza, Rwanda. The fourteen Managing Directors at Fulcrum Partners became involved in the humanitarian project in 2014, when the work of Arise Rwanda Ministries, a 501(c)(3) nonprofit and faith based organization, was brought to their attention as part of the Valmark Securities Global Gift Fund. At that time, Fulcrum Partners made its first donation of $10,000 targeted for the project’s Phase I construction costs. One year later, Phase I of the project is nearly complete and construction on the facilities is underway. Fulcrum Partners is enthusiastic about the progress made at Kivu Hills Academy. David Fisher, a Managing Director of Fulcrum Partners, and his wife, Jeanie will spend a week at the academy when the school’s first class of vocational education students begin a hands-on learning process, participating in the construction of the school’s buildings. David Fisher said,
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August 18, 2015

Fulcrum Partners Helps Build a School in Rwanda

Arise Rwanda

Fulcrum Partners Helps Build a School in Rwanda John Gasangwa was a five-year-old child during the 1994 genocide in Rwanda. His family, forced from their home, took refuge in a Ugandan camp. John explained, “During the Genocide, Rwanda was DARK … After the Genocide Rwanda chose to have hope and continue the process of healing, unity, and reconciliation and focusing on building a reconciled Rwanda with self-reliance for Rwanda.” Today, John is a leader in helping Rwanda rebuild and heal. After earning a degree in Economics and Business Management from the Université Nationale du Rwanda and an MBA in Global Social Sustainable Enterprise from Colorado State University, John established ARM—Arise Rwanda Ministries. Founded with a mission to bring education, clean water, and community development to the impoverished city of Boneza, Rwanda, Arise Rwanda is making a difference. Fulcrum Partners, with a donation of $10,000 for the construction of a secondary school in Boneza, is helping to make this meaningful change possible. Among the many significant accomplishments of Arise Rwanda Ministries are: Eight water wells drilled to provide clean water to villagers with one of the wells further mechanized for expanded water distribution to additional families. A 10,000-gallon water catchment system
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December 16, 2014

Fulcrum Partners is Helping Build a Vocational School in Rwanda

Arise Rwanda

You could describe it as an opportunity to make a meaningful difference or the chance to help answer the question, when facing a child in the poverty of Rwanda, “What would you say to help him think God is good?” When the team at Fulcrum Partners heard the story of how native Rwandan, John Gasangwa, has completed his education in the United States and then returned to help the people of Rwanda rebuild their country, we wanted to be part of what he was making happen. Working through the Valmark Global Gift Fund, we believe we are making a difference. Our $10,000 donation funds roughly ten percent of the cost to build a vocational high school in the Boneza, Rwanda community. Forgiveness does not change the past; it inspires the future, and this is the powerful lesson the people of Rwanda are sharing with the world. Please read the full content of our new release by clicking here: Fulcrum Partners Helps Build a Rwandan School through Valmark Global Gift Fund    
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