Busted Unicorns, Carry & Charity: Year-End Strategies for Turning Venture Assets into Charitable Opportunities
Not every venture bet becomes a unicorn. But busted deals, GP carry and LP fund interests can still be powerful tools for giving.
Join Venture5 and UI Charitable Advisors for a practical year-end session on turning venture assets into charitable opportunities, while there's still time to act before December 31.
What we'll cover:
How to donate GP fund carry and LP interests
How to give through a fund wind-down
How to raise capital from donor-advised funds (DAFs)
The year-end deadlines to know so you can make your gifts as tax-efficient as possible before December 31
Panelists:
Dave McClure - Founder and Managing Partner at Practical Venture Capital, a fund that buys stakes in existing venture funds and startups from early investors. PVC also works with founders and investors on using donor-advised funds (DAFs) ahead of liquidity events. Dave previously co-founded 500 Global (formerly 500 Startups), a seed fund and accelerator that has invested in thousands of companies, including Canva, Credit Karma, Twilio and Udemy.
Darin Tingey, CFP® - Certified Financial Planner at UI Charitable Advisors, where he helps high-net-worth individuals and families build tax-smart giving strategies that match their philanthropic goals. Darin works with clients to align their financial plans with the causes they care about most, so their wealth makes a lasting impact.
Moderated by John Gannon, Founder of Venture5
We'll open up the floor for live audience Q&A as well!
Presented by:
UI Charitable Advisors is a philanthropic advisory firm that helps individuals optimize their tax strategy and give more intentionally. Their flagship product, the Donor-Advised Fund (DAF), is built for flexibility, both in accepting a broad range of asset contributions, including public and private securities such as VC fund interests, and in allowing DAF assets to be invested in alternatives such as VC and PE funds. That flexibility, combined with comprehensive advisory support across a wide range of charitable vehicles, makes UI Charitable Advisors a natural fit for investors operating in private markets.
Disclaimer:
The information provided is for general informational and educational purposes only and does not constitute legal, tax, or investment advice. Individuals should consult their tax advisor or legal counsel regarding their specific circumstances. Participation in this event does not guarantee any investment outcomes. Your registration information may be shared with our partners, and by signing up for this event, you consent to being contacted via email, SMS, and other means.