LGT's Profit Sense

David Ovesen, CPA started with LGT on September 1, 1987 as a staff accountant and along Lee Ann Collins, the current managing partner; Bill Walsh, financial advisors partner; and tax principal Renee Baugh, David is a ‘survivor’ of the 1987 LGT/Dohm & Wolf merger.

As nonprofits increasingly take on thorny problems that call for large-scale social change (for example, global warming, economic development or education), some are turning to a relatively new approach known as “collective impact.” Proponents say such cross-sector coordination is more likely to achieve change than isolated interventions by individual groups.

Important to note highlights in the not-for-profit industry include a new guide on impact investing, a report showing that female leaders’ pay lags behind men’s at not-for-profits, Facebook’s new “Donate Now” button and an update on ABLE accounts.