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. 
Featured image for “Fulcrum Partners Reminds Taxpayers about Charitable Donations in 2021”
December 21, 2021

Fulcrum Partners Reminds Taxpayers about Charitable Donations in 2021

Luis Palau

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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December 01, 2020

Today is GivingTuesday! 20 Charities You Can Help

Luis Palau

Fulcrum Partners is proud to be part of GivingTuesday 2020, a global movement of generosity. Your support of others in need could be a critical difference maker in someone’s life. We can’t all devote our lives to charitable service, but we can certainly show our support to those who do by providing the funding that makes valued organizations run. This year we’ve identified 20 charities that have spoken to our lives and our hearts through the beneficial impact they make. We are asking, inviting, encouraging and nudging you to step up and make a gift. As Fulcrum Partners Managing Director & Partner Bruce Brownell shared, “Instead of people feeling frustrated or helpless to change situations they see around them, generosity positions the giver to be part of a movement that genuinely effects beneficial change. When has it ever been more important than it is now to extend a helping hand to lift up someone in need?” Join the Team at Fulcrum Partners in Supporting these 20 Organizations Click on any of the links below to go directly to the donation page for the charity. Daniel Kids (www.danielkids.org/donate/give-now) Luis Palau Association (luispalauassociation.givingfuel.com/give) The Jobs Partnership of Florida (www.jobspartnership.org/donate-form) World Bicycle Relief
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December 03, 2019

Today is #GivingTuesday

Luis Palau

Today is #GivingTuesday!
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November 26, 2019

Fulcrum Partners Launches Its First #GivingTuesday Campaign

Luis Palau

Scheduled for December 3, 2019, the GivingTuesday movement is built on the principle of charitably sharing time, talents or abundance with others. As first-time participants in the event, Fulcrum Partners is inviting others to join them in making charitable donations to one or more of the nine 501(c)(3) nonprofit organizations listed in this announcement or to give to any of the thousands of other nonprofits that are registered participants in GivingTuesday.
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November 22, 2019

Raising Awareness about GivingTuesday

Luis Palau

On Tuesday, 11/26/2019, we’ll share links to the direct donation webpages for the 8 organizations we have chosen to support on GivingTuesday.
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October 15, 2019

Fulcrum Partners Sponsors Luis Palau Festival in Côte d’Ivoire

Luis Palau

PONTE VEDRA BEACH, FL — (Oct 15, 2019) Thanks to the  support of Co-Founder and Managing Director, G. Scott Cahill, Fulcrum Partners, LLC was recognized as a corporate sponsor of the Luis Palau Association’s Love Côte d’Ivoire Festival. For more than 50 years, Luis Palau and his team have led ministry events around the world, sharing their faith through evangelism and service. During the three-day Ivory Coast festival, the Luis Palau team worked throughout the western Africa country, partnering with 2,200 local churches to coordinate 54 special events. As a result of the outreach, more than 10,000 people were served at eye glass clinics and some 9,000 children were reached during youth programs and BMX bike events in local schools. By facilitating sports clinics, medical clinics, prison ministry, fellowship dinners for women and business leaders as well as with music, ministry and celebration the Love Côte d’Ivoire Festival served thousands and inspired more than 19,000 professions of faith. Live television broadcasts of the festival were aired in 59 French-speaking nations further expanding the Festival’s outreach. “We’ve never seen unity like this in Côte d’Ivoire before. We have groups of pastors who work together but we’ve never seen unity like the
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August 11, 2016

Fulcrum Partners Supports Luis Palau Global Ministry in Malawi

Luis Palau

Sharing with you the most recent media release from Fulcrum Partners LLC. Fulcrum Partners Supports Luis Palau Global Ministry in Malawi FOR IMMEDIATE RELEASE PONTE VEDRA BEACH, FL– (August 11, 2016) Fulcrum Partners LLC, one of the nation’s leading and largest executive benefits consultancies, is a corporate sponsor of an expansive ministry outreach that involves more than 700 churches in Malawi, Africa. The “Love Malawi” Festival is a collaborative project of Andrew Palau and the Luis Palau Association. Currently, events are being hosted in five of Malawi’s larger cities, as well as the Dzaleka Refugee Camp, which houses people from Ethiopia, Rwanda, and the Democratic Republic of Congo. For more than a month, ministry workers and volunteers including civic leaders, church congregations and global participants, serve within Malawi communities, organizing music and sports entertainment, networking opportunities to grow local businesses, prayer and ministry experiences and the distribution of eyeglasses, shoes, soccer balls and other needed items. Scott Cahill, (Orlando, FL) a cofounder and managing director of Fulcrum Partners, said, “Our work at Fulcrum Partners helps people achieve personal goals through the stability and abundance that comes with financial wellness. When we can expand that, facilitating hope, direction and opportunity in
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July 29, 2015

Fulcrum Partners is Corporate Sponsor for NYC Luis Palau Association Event

Luis Palau

Fulcrum Partners is Corporate Sponsor for NYC Luis Palau Association Event This past month, Fulcrum Partners again served as a corporate sponsor for the Luis Palau Association CityServe ministry, this time, helping to underwrite the cost of the organization’s recent New York City event. Jennifer Jones Austin, head of the Protestant Welfare Agencies of New York City and member of the NY CityServe Executive Committee, spoke during the event’s Radio City Music Hall celebration. Austin noted that NY CityServe had included service initiatives that mobilized, “hundreds of Christians to love the city through ongoing, long-term service projects.” Austin observed, “CityServe has come to New York City much like God sends his angels. How fortunate we are that Luis Palau has brought CityServe to New York City.” You can learn more in Fulcrum Partner’s July 29, 2015 media release about this corporate sponsorship (see document below) or download it as a PDF at this link: Fulcrum Partners is Corporate Sponsor for NYC Luis Palau Association Event. [slideshare id=51062832&doc=fulcrumpartnerssupportsluispalauassociation-150729145619-lva1-app6891&type=d] Video about the Luis Palau Association and its Global Ministry: “Luis Palau Festival New York 2015 | God is on the Move in New York City”
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January 12, 2015

Update on Burkina Faso Event

Luis Palau

Led by Fulcrum Partners Managing Director, Scott Cahill, we were honored to play a role in helping make the Burkina Faso festival a reality. The following update, with quotes from Scott, has been shared by the Luis Palau Association. More than 35,000 attend Festival in Burkina Faso Andrew Palau joins 800 churches for Christmas outreach, the first major gathering in the nation since civil uprising last month Just weeks after a period of widespread political unrest due to the Burkinabe uprising, tens of thousands of people gathered in the heart of Burkina Faso’s capital Ouagadougou for Love Burkina Faso, a collaborative effort between international evangelist Andrew Palau and hundreds of Christian churches to foster hope in the African nation. Events took place throughout the city December 15-21, and included 28 outreaches for business and government leaders, women, students, and prisoners. The culmination, a two-day evangelistic festival in the heart of the city, included activities for children with evangelist Doug Horley, demonstrations from professional BMX and FMX athletes Vic Murphy and John Andrus, performances from regional, West African artists—including Simon Kologo, Ella Kinda, and Emmanuel Bouaffo—and a clear evangelistic message from Palau. Throughout both days of the festival, people could be seen
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December 18, 2014

Scott Cahill Supports The Love Burkina Faso Festival

Luis Palau

Continuing his support of the Luis Palau Association, Scott Cahill, Managing Director of Fulcrum Partners, and his wife Joanie, have provided a $25,000 donation as a Presenting Sponsor of the Love Burkina Faso Festival. Despite challenges faced by organizers due to civil unrest in the region, the Luis Palau association is committed to providing an experience to enrich the community of Ouagadougou and all Burkina Faso. Read the full press release below, or download from the Resources page. Scott Cahill Donates to Love Burkina Faso
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