Title: The Impact of Diverse Wealth Transfer

Presenters: Rodney Parks

Date: September 27, 2022

Time: 1:00 to 2:00 p.m. EST

The greatest wealth transfer in history is underway. It’s estimated that nearly 45 million U.S. households will transfer more than $68 trillion over the next 25 years. Our alumni, friends and supporters are recipients, thanks to decades of private business, stock market and real estate growth. Individuals or families of minority (racial, ethnic, women and LGBTQIA) status are among those engaged in transferring income and assets to support causes or concerns that can include family, religion, education or nonprofits. This wealth transfer will be the greatest transfer of wealth from diverse communities ever, shaping universities, nonprofits and other organizations for the next 50 years. Is your institution or next campaign positioned for this historic wealth transformation? Does your mission or value statement reflect kindly to these diverse communities? Do have the personnel who have relationships in these communities? Do you have questions about how to facilitate this conversation to board members, valued stakeholders and other potential donors? This session will offer strategies for success for this critical opportunity.

Rodney Parks

EXECUTIVE DIRECTOR - Principal gifts, university of cincinnati foundation

Rodney O. Parks is the Executive Director – Principal Gifts for the University of Cincinnati Foundation, which works with the University of Cincinnati and UC Health. He has more than 13 years of fundraising experience, most recently as Executive Director – Senior Philanthropic Advisors at RIT (NY). He has closed multiple principal and planned gifts totaling over $10 million. Prior to his career in fundraising, he spent 20 years as a commercial bank lender and wealth management executive at Merrill Lynch. He was elected Chairman of the Arkansas State Banking Board in 2012. He is a recipient of the CASE Crystal Apple in 2017. He is a subject matter expect in diverse wealth transfer. He has a Bachelor of Science in Economics and Finance from Arkansas Tech University (1991) and served as its Alumni Association President (2003). He is a member of Alpha Phi Alpha Fraternity, Inc. He was recognized by Arkansas Business in 2007 as a 40 Under 40 leader. He is the proud father of his adult children Kennedy and Olivia.

Group webinars are intended for CGP affiliated councils or groups of up to 30 individuals.


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Tuesday, September 27, 2022 - 13:00