CAP Study Group

Advisor Education – Chartered Advisor in Philanthropy (CAP®) Study Group

The main goal of the Chartered Advisor in Philanthropy (CAP®) is to bring professional advisors and nonprofit executives together in a common purpose to help wealthy families create inspired legacy plans.  The CAP® curriculum, administered through the America College in Bryn Mawr, PA, is a graduate-level program. The required courses of study include ​charitable tax, tools and techniques, charitable plans within the context of estate and financial planning, and the management of gift plans in a nonprofit context.

A CAP® serves as a trusted advisor to clients as they create a gift plan around their vision, values and quality of life.  As a “synthesizing generalist” a CAP® has the unique perspective to help clients create effective and efficient financial and estate plans that are based on a clear understanding of family history and values, current financial situation and inspired philanthropic goals.  A CAP® works collaboratively with clients, donors and other professional advisors to select the tools, techniques and strategies that will best accomplish meaningful philanthropic goals, both during life and in perpetuity.

Why the Chartered Advisor in Philanthropy (CAP®) designation?

There are many excellent resources for philanthropic education. We have determined, however, that the coursework in the American College of Financial Services’ Chartered Advisor in Philanthropy program is most worthy of our support. The CAP® program is unique in that it combines financial, tax, and legal coursework along with instruction on how to collaborate with non-profit executives and other professional advisors. CAP® trained professionals are uniquely skilled to help clients through the very important processes of estate, financial, or business transition planning.

According to the results of a CAP® survey sponsored by the AIP Foundation, at least $600,000 in additional charitable dollars have been raised per CAP® graduate since the start of the designation only 11 years ago. Think about this — there are currently approx. 1,200 CAPS X $600,000 is $720 million in increased charitable giving based on a little more than a decade of the profession.

Participation in the West Palm Beach year-long study group is limited and by invitation only to highly successful advisors and non-profit management and development professionals who want to take their already high-achieving careers to another plane.  The Study Group environment provides the opportunity for thought-leaders to collegially learn and better understand how to assist high net worth clientele to successfully design and execute inspired philanthropic endeavors. API members co-facilitate the CAP® courses. This initiative is now in its third year. A total of 37 advisors have earned the CAP® designation to date in Palm Beach County. A fourth CAP® study group is currently taking applications and will begin in August, 2014.

The Benefits of Working with a CAP® Advisor

As a successful and caring person who desires to create a gift plan within your overall financial and estate plan, a CAP® advisor will help you convene a qualified planning team, or work with your current advisors to take you from dreams, through plans, to implementation, for the positive and lasting impact you want for yourself, your family and your community. A CAP® will help you maximize your philanthropic goals by guiding you through important life questions during the planning process such as:

  • What kind of person do you want to be? In what kind of world?
  • What keeps you awake at night as you contemplate the state of the world?
  • Does your financial and estate plan embody your highest ideals?
  • How much is enough for your children? How much is too much?
  • What will be your enduring legacy?

These are the kinds of questions that a CAP® will raise as you develop and implement a plan that will make a defining difference in your life, in your family’s life and in your community.

Why Become a CAP®

How You Can Help the CAP® Program Grow in Your Community

Tuition Scholarships for qualified nonprofit executives to attend the West Palm Beach Study group are provided through the API Fund, a Donor Advised Fund at the Community Foundation of Palm Beach and Martin County.   If you would like to donate to the scholarship fund, please contact the Community Foundation.  We thank you for your support.

For more information, please contact Margaret May Damen or Michael L. Kohner