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Fueling Your Mission: Capitalizing on Gifts of Oil & Gas
December 9, 2019 @ 11:30 am - 1:00 pm
As drilling technologies have made significant breakthroughs, oil and gas production has increased dramatically over the past two decades, allowing production in states where none existed previously. Approximately 34 states now realize substantial mineral production each year, creating opportunities for philanthropy that were not formerly available. Attendees will learn from the experiences of an organization that has almost ninety years of minerals management exclusively for nonprofit organizations. This session will equip gift planners to cultivate and close gifts of oil and gas interests, discuss ongoing management of these assets, address the applicability of partial interest and unrelated business income rules, and clarify environmental and valuation issues.
Vice President & General Counsel
Joe Hancock serves as Vice President & General Counsel for HighGround Advisors, located in Dallas, Texas. HighGround serves nonprofit organizations through professional asset management and planned giving consultation. Joe has practiced extensively in the area of charitable planned giving for the past 23 years. Joe holds a BBA from Baylor University and MBA and JD degrees from the University of Arkansas.