SOUTH PORTLAND —  Sarah Ruef-Lindquist, JD, CTFA, a financial planner at Allen Insurance and Financial in Camden, recently spoke on Women and Philanthropy at Maine Planned Giving Council's conference held in South Portland. The event was attended by approximately 150 professionals involved in the gift planning industry.

Ruef-Lindquist highlighted some of the data that indicates the motivations for women’s philanthropy, as well as some of the ways in which women tend to demonstrate a higher level of generosity than their male counterparts.

Planned gifts often support building the long-term funds of organizations, including their endowment, and serve as a means of providing financial sustainability for the long term, according to an Allen Agency news release. Because of the projected inter-generational transfer of a vast amount of wealth occurring now in the U.S., the topic is of great interest to organizations and the advisors working with their donors.

Attendees included development professionals and executives from nonprofit organizations, and professionals who advise donors in estate or financial planning, including attorneys and accountants, from across the state.

Ruef-Lindquist has had a role in planned giving as an attorney, former trust officer and philanthropic advisor and consultant to nonprofits across New England. She previously served as vice president for Southern Maine of the Maine Community Foundation and CEO of the Maine Women’s Fund.

Allen Insurance and Financial is an employee-owned financial services, insurance and employee benefits company with offices in Belfast Camden, Portland, Rockland, Southwest Harbor and Waterville. 31 Chestnut St., Camden, Maine 04843. Securities and Advisory services offered through Commonwealth Financial Network ®, member FINRA/SIPC, a Registered Investment Advisor.

To learn more about the broad array of services offered, visit AllenIF.com.