Category: blog

4th Quarter 2019 Market Commentary

Note: This market review was published on October 16th, 2019 and may not be reflective of current market or investing issues.

The third quarter of 2019 was a wild ride for U.S. Markets.  The S&P 500 hit a new all-time high of 3,027.98 in July only to sell off more than 6.5% by early August. Many of the risks that were influencing markets in the second quarter are still relevant today.  There has been little progress made in the trade war between the United States and China, tensions in the Middle East have continued to escalate, and the latest deadline for Brexit is less than a month away.

During the third quarter, the Federal Reserve followed through on their dovish commentary by cutting their benchmark rate by 0.25% in July and September. The future path for the Fed is still in question however.  Chairman Powell continues to say that these rate cuts are not part of a cyclical change, rather a mid-cycle correction, meaning that he would prefer not to continue to cut rates in the future.  In addition to rate cuts, the Fed also had to intervene in over-night lending markets in order to provide liquidity as there have been multiple spikes in the overnight rate due to a lack of dollar liquidity.  If the dollar liquidity issue continues, and the Fed is unable to provide sufficient capital through their current repo operations, a new quantitative easing (QE) cycle might begin.

The trade war between the U.S. and China has seen little progress with increased tariffs from both sides.  Tensions have come down over the last few weeks as a potential deal has been tentatively reached.  The deal is said to be implemented in phases with the first phase being China purchasing more American agricultural products, primarily soy beans, and the United States agreeing to stop increasing tariffs.  No tariffs have been removed at this point; however, pending the first phase of the trade deal, some tariffs have been delayed from the third quarter to the end of the fourth quarter after the holiday shopping season.

Tensions in the Middle East continue to be a significant threat, especially to the oil market.  Oil had its largest one day move in history in September following an attack on the largest oil refinery in the world, located in Saudi Arabia. The United States has blamed Iran for the attacks, which has continued to degrade relations between the two nations.  While there has not yet been a response to the attack, it is unlikely that tensions will subside anytime soon.

Over the next few months it is likely that central banks around the world will continue stimulus both by cutting rates and by resuming, or increasing, QE. Earnings for U.S. companies are likely to disappoint when they report third quarter results, which could lead to a short-term consolidation in equity markets.  As central banks continue to provide stimulus, we will likely see equity markets pick up later in the fourth quarter or early in 2020, although a global recession continues to be a viable threat.

Disclosure: Please remember that past performance may not be indicative of future results.  Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by  Longview Financial Advisors, Inc.), or any non-investment related content, made reference to directly or indirectly in this newsletter will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful.  Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions.  Moreover, you should not assume that any discussion or information contained in this newsletter serves as the receipt of, or as a substitute for, personalized investment advice from Longview Financial Advisors, Inc. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing.  Longview Financial Advisors, Inc. is neither a law firm nor a certified public accounting firm and no portion of the newsletter content should be construed as legal or accounting advice. A copy of the Longview Financial Advisors, Inc.’s current written disclosure statement discussing our advisory services and fees is available upon request.

Guest Post: Planned Giving with Food Bank of North Alabama Development Director, Bobby Bozeman

Considering where you’re reading this, I’m going to assume that you already have a pretty good idea of why planning gifts to non-profits, whether from your retirement plan or a bequeath from your will or life insurance policy, is good for you. There are, of course, the great tax reasons, and they are incredibly flexible, but it’s also many people’s only opportunity to leave their charities of choice with that major gift they’ve always wanted to give but haven’t been able to.

A planned gift also allows donors to create a legacy. It doesn’t just leave a lasting mark on the charity or non-profit you choose to give to, but it also creates a lasting impact on your community, leaving the world a little better than what you inherited. 

And on our end of things, planned giving is extremely important as well. Over the rest of 2019 and through 2020, the Food Bank of North Alabama will be putting forth a campaign to inform our supporters about planned giving options as well as creating a society to honor those who choose to consider the Food Bank in their planned gifts.

We’re wanting to make this push with our current supporters and with new potential ones because planned giving provides a sturdy foundation of long-term support. While it’s tempting for me as development director to focus on gifts that come in right away and make an immediate impact, I want to make sure we have long-term stability. Because there are so many agencies — over 260 soup kitchens, food pantries, churches, women’s shelters, halfway homes, child backpack programs, senior feeding programs and more — across North Alabama that depend on us for food, it’s so important that we are here for as long as people are hungry. Planned giving allows us to better navigate any unforeseen problems that might be awaiting us on the horizon.

The Food Bank of North Alabama was honored to be featured in this blog in 2016, but I wanted to share a few ways we’ve grown since then. Many of our programs have changed, most morphed into new programs with new names as new staff members take hold of them.

But the biggest change since 2016 is how much food we’ve been able to provide the people of the 11 counties in North Alabama that we serve. Then we supplied nearly seven million pounds of food to over 200 charitable feeding programs. This year, we are on track to supply 10 million pounds of food to over 260 charitable programs. It’s all because people who choose to support us. 

If you’d like more information about the Food Bank of North Alabama, please visit foodbanknorthal.org, and for more information about planned giving or to let us know you’ve made a planned gift to the Food Bank, email Bobby Bozeman at bbozeman@fbofna.org.

Sonny Hereford Cheese Distribution

Community Foundation of Greater Huntsville’s 2019 Summit on Philanthropy

Longview team members, JJ, Jessica, and Andrew recently attended the Community Foundation of Greater Huntsville’s Summit on Philanthropy. The Summit is “an annual celebration of our community’s generosity because we believe that together we can accomplish more than any one person, one company, or one organization can accomplish on their own.” The gala-style event, celebrating its 10th year, was held on Tuesday, September 10th at the Westin Huntsville in Bridge Street Town Centre.

Longview has long been a supporter of the Foundation’s work in our communities, and we are proud to continue our sponsorship of the Summit. Jessica Hovis Smith and Jeff Jones are both members of the Community Foundation’s Philanthropic Advisors Network. Please contact us if you are interested in learning more about The Community Foundation or would like to talk about your desires to become involved or create your own giving plan. You can also learn more by visiting the Community Foundation’s Web site at communityfoundationhsv.org.

Jeff Jones, Jessica Hovis Smith, & Andrew Gipner

ELM Foundation’s Little Miracle’s Luncheon

Longview team members attended the ELM Foundation’s Little Miracles Luncheon on Thursday, September 5th, 2019 at the Jackson Center. They keynote speaker was Captain Mike Rose. From their website:

Huntsville resident, Capt. Mike Rose, served as a Special Forces Medic with the Army’s 5th Special Forces Group during the Vietnam War. He was awarded the Medal of Honor for his acts of bravery and selflessness as he risked his own life to save the lives of others while facing a well-armed and numerically superior hostile force deep in enemy territory. Captain Rose faced enemy fire numerous times to tend to the wounds of his comrades, estimated to be half of the company’s personnel. His actions serve as an example of grit, perseverance, and selfless service–values central to the work of the ELM Foundation.

ELM stands for Expect Little Miracles. The Foundation is a 501(c)(3) organization based in Huntsville, Alabama. They have awarded over $1,000,000 to over 300 participants since being founded in 2012. They “work with individuals and families who are doing the best they can and who need a ‘little miracle’ to help them achieve success. We work with the participant to establish long term goals using strengths, resources, and assets to fill gaps between problems and solutions.” To learn more about the ELM Foundation, visit them online at expectlittlemiracleshsv.org. While there, you can read about success stories, learn about their mission, find ways to give, and learn more about their grant process.

Lauren, Jonathan, Chad, Wes, Jessica & Andrew

Long-Term Care Insurance Premium Increases Expected for 2020

A recent article in Investment News reported that “roughly 40 to 45 states have approved ‘significant premium increases’” on many long-term care insurance policies. Author Greg Iacurci further reports that Genworth “received approval in Q1 to increase premiums an average of 62%.”1 This is nothing new given the premium hikes many policyholders received in 2017 and 2018, but the next round of hikes could be unprecedented. Some policies could see a 200% to 300% increase!

Premium increases will not be immediate. Most providers notify policyholders of the increase when annual premiums are due. So, policyholders may not see a rate hike notification for many months.

According to Genworth2, one of the largest issuers of long-term care insurance policies, “more people are keeping their policies than originally anticipated.” Increased cost to providers is also due in part to longer lifespans and the length of long-term care stays. This has led to an overall increase in claims, thus more money is being paid out by providers, and they are faced with having to cover these unanticipated claims.

Many policyholders will face a tough decision. When premium hikes are implemented, many insurance providers will provide a couple of options. Policyholders can maintain their coverage as is and pay the higher premium, elect a lower premium while cutting back on benefits, or allow the policy to lapse. The option for cutting back on benefits may allow policyholders to adjust their benefits paid amount, decrease their rate of inflation protection, shorten their benefit period, lengthen their elimination period, cancel riders on the policy, or some combination thereof.

John Hancock, may offer another option: elect a co-pay on your long-term care insurance costs. The co-pay would work very similar to the medical insurance co-pay process by allowing the policyholder to pay for a percentage of the expense while the insurance company pays the rest. It is not yet clear if John Hancock will make it available to existing policyholders or if the new co-pay election will only be available to newly issued policies. Given the nature of this new type of offering, state regulators will likely have to approve the option.

Before making a decision, talk to your financial advisor to see how the option fit your plan.

1 ttps://www.investmentnews.com/article/20190507/FREE/190509943/states-approving-bigger-rate-increases-for-long-term-care-policies

2 https://www.genworth.com/customer-service/ltc-premiums/why-increases-are-needed.html

2nd Quarter 2019 Market Commentary

Note: This market review was published on July 18th, 2019 and may not be reflective of current market or investing issues.

U.S. Markets ended the second quarter near fresh all-time highs, but the path taken to get there was far from smooth.  We saw the return of volatility to its highest levels since the major sell-off in December 2018 with the volatility index nearly doubling to over 20 in the first half of May before slowly returning to the lower teens by the end of the quarter.1  This volatility was influenced by multiple factors, including the continued trade war between the United States and China (the two largest economies in the world), the increasing tensions in the Middle East (with Iran saying that there is no longer a path to a diplomatic solution with the United States), and the Federal Reserve’s lack of clarity on their future policy. 

The Federal Reserve has continued to hint that a rate cut is coming, but we still lack clarity on when the first one will be and how much it will be cut.  The market is currently assuming a rate cut of at least 0.25% and as much as 0.50% in July.2 If there is no cut in July, it could bring a short-term consolidation to equity markets in the U.S. as investors wait to find out what the Fed’s outlook on the economy means for risk assets.

The trade war between the U.S. and China saw talks break down in the early part of last quarter with increased tariffs from both sides.  Tensions cooled slightly after President Trump and President Xi met at the G20 summit in June and agreed to restart trade negotiations between the countries and to put any further tariffs on hold.  No tariffs have been removed at this point; however, trade talks have resumed and both sides say that there is a path to a deal.

Tensions in the Middle East continue to be a significant threat, especially to the oil market.  In the last three months there have been attacks on oil tankers in the Strait of Hormuz, for which Iran has denied responsibility. Also, a U.S. drone was shot down, for which Iran claimed responsibility stating that the drone had illegally entered Iranian airspace.  Tensions in this region continue to rise with Iran saying there is no longer a path to a diplomatic solution with the United States. These tensions arose after the U.S. decided to reimpose sanctions on Iran that had been removed as part of the nuclear agreement between Iran and the international community.

While new all-time highs are being reached in U.S. stock markets, global stocks have not fared as well since the last recession.  The MSCI EAFE index (a broad measure of international equity) reached its most recent peak in early 2018, but has yet to return to the all-time highs that were seen in 2007.3 Economies outside of the U.S. have not had the same success throughout the recovery since the Great Recession and their stock markets reflect that.

Over the next few months it is likely that China will increase government stimulation in their economy in order to combat declining growth. The European Central Bank (ECB) will likely continue their policy of easy money and could possibly increase stimulus. The Federal Reserve will likely cut rates by at least 0.25% over the next three months which will confirm their change in policy from the last rate hike in December 2018.  All of these factors could be supportive of global economic growth which should be positive for global equities. 

Sincerely,

Longview Financial Advisors, Inc.

1, 2, and 3: Information found at CNBC.com

Disclosure: Please remember that past performance may not be indicative of future results.  Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by  Longview Financial Advisors, Inc.), or any non-investment related content, made reference to directly or indirectly in this newsletter will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful.  Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions.  Moreover, you should not assume that any discussion or information contained in this newsletter serves as the receipt of, or as a substitute for, personalized investment advice from Longview Financial Advisors, Inc. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing.  Longview Financial Advisors, Inc. is neither a law firm nor a certified public accounting firm and no portion of the newsletter content should be construed as legal or accounting advice. A copy of the Longview Financial Advisors, Inc.’s current written disclosure statement discussing our advisory services and fees is available upon request.

The Power of Purpose and Meaning in Life

The following article is shared with written permission from author Lydia Denworth. She is a science writer and author of I Can Hear You Whisper: An Intimate Journey through the Science of Sound and Language, an investigation into hearing, sound, brain plasticity and Deaf culture inspired by the discovery that her youngest son was deaf. Her work has appeared in Scientific American MindParentsThe New York Times, The Wall Street JournalNewsweekRedbook and many other publications.  You can visit her website, on Facebook, and Twitter.

The feeling that one’s life has meaning can come from any number of things—from work (paid or unpaid) that feels worthwhile, from cherished relationships, from religious faith or even from regularly appreciating the sunset. While it does not much matter what gives you purpose, it does matter that you find it somewhere. A growing body of research has found that the feeling that one’s life has meaning is associated with a host of positive health outcomes. And now a new study of older adults published in Proceedings of the National Academy of Sciences goes even further by revealing that the sense that one is living a worthwhile life appears to be positively linked to just about every aspect of our lives, not just health. The new study also followed people over time and found that the more worthwhile they found their lives the more positive changes they experienced over the following four years.

“These associations seem quite pervasive, right across a whole spectrum of our experience,” says lead author Andrew Steptoe, a psychologist and epidemiologist at University College London who oversaw the study. “It’s not only related to health but to social functions, psychological and emotional experiences, economic prosperity, things like sleeping well and time spent doing different kinds of activities.”

The paper was part of an ongoing British study of older adults known as the English Longitudinal Study of Aging (ELSA), which Steptoe directs. The new results are based on data from more than 7300 adults over the age of 50 (the mean age was 67.2).  Every two years or so, participants sit for extensive interviews and a series of medical tests. They were asked to rate how worthwhile they felt their lives to be on a scale of one to ten. The average worthwhile rating was 7.41 though ratings were slightly higher in women than in men (7.46 vs 7.35). Importantly, the results are correlational, meaning they show an association between the worthwhile ratings and other aspects of life, but do not necessarily mean that one causes the other.

Nevertheless, the findings suggest that there is something essential about living a meaningful life. On many levels that’s not surprising. The concept of having a purpose in life dates to the Ancient Greeks at least. Contemporary thinking on the subject stems from the 1940s writings of physician Viktor Frankl, who believed that having a purpose in life helped him survive three years in Auschwitz. After the war, Frankl developed a set of 13 questions as a way to measure purpose in life. 

The ELSA study tested the viability of a similar set of questions that have been incorporated into regular surveys by the United Kingdom’s Office of National Statistics, its equivalent of the U.S. Census Bureau. Steptoe believes their strong findings speak to the value of assessing quality of life in this way on a national level.

One of the areas that stood out to Steptoe were the findings about people’s social lives. Higher worthwhile ratings were associated with stronger personal relationships (marriage was important but so was regular contact with friends) and with broader social engagement such as involvement in civic organizations, cultural activity and volunteering. People with high ratings were less likely to be lonely. “I’m struck by the consistency of associations between these feelings [of living a meaningful life] and social and cultural activity,” Steptoe says. “On the other hand, the people who had low ratings tended to spend a lot of time alone. They tend to watch television more and do more passive activities.” He believes the message is clear, particularly for older men and women, that it’s important to remain socially engaged, if at all possible. “It’s encouraging oneself to go out and about and continue to participate in society rather than withdraw from it.”

On the health front, those with higher worthwhile ratings had better mental and physical health. That translated into fewer depressive symptoms, less chronic disease, less chronic pain, and less disability. They also had greater upper body strength, walked, were less obesity, and had more favorable biomarker profiles such as white blood cell count, vitamin D, and high-density lipoprotein cholesterol (the good cholesterol). They engaged in more physical activity, ate more fruits and vegetables, slept better and were less likely to smoke. 

It is possible that strong social connections and good health contribute to people’s sense that their lives have meaning. But Steptoe and his colleague Daisy Fancourt also conducted a longitudinal analysis over four years. They found that people who were low in some measures in 2012 but who had higher worthwhile ratings were more likely to see improvements in those measures by 2016. In other words, someone who was physically inactive at baseline but gave high ratings was more likely to have become regularly active later on than someone with lower ratings. 

“I think it’s a two-way process,” says Steptoe. “The sorts of things we do are going to be influencing these judgments of the purpose and worthwhileness of what we do in life. But those things in turn are going to be either stimulating or inhibiting future activities. It’s a virtuous circle.”

Copyright Lydia Denworth 2019.

Guest Post: A Look into Conservation Easements with Land Trust of North Alabama Executive Director, Marie Bostick

Today’s guest post is by Marie Bostick, Executive Director of Land Trust of North Alabama.

Many different strategies may be employed to conserve land including, donations, bargain sales, bequests and conservation easements.  Each has its own benefits and constraints based on the goals of the parties involved in the transaction. This article will focus on the use of conservation easements.

A conservation easement (CE) is a land conveyance from a private land owner to either a governmental entity or non-profit 501(c)3 Land Trust, which places restrictions on a property that has appropriate conservation values. The holder of the conservation easement (either the Land Trust or governmental entity) is responsible for monitoring the property in perpetuity to make sure the easement provisions are not violated.  The easement itself is negotiated between the parties to meet specific conservation goals and allow the land owner the continued to use of the property, so long as the uses don’t conflict with the conservation goals.  A key benefit to a conservation easement is the land owner’s ability to take a federal tax deduction for the value of the donation.  However, in order to take advantage of these tax benefits, the land owner must comply with the IRS Code requirements.

IRS Code 170 (a) and (h) provide the requirements that must be followed to execute a “qualified” conservation easement. One of these requirements is that a “qualified” entity – such as the Land Trust of North Alabama – must hold the easement. Another requirement, as mentioned above, is that the easement be held in perpetuity. For example, the restrictions that are placed on the property through the CE must be in the recorded document and the Land Trust must monitor and enforce those restrictions forever. In the event the fee interest in the land is sold to another party, the conservation easement will run with the land and the restrictions remain in effect. In order to assist the entity that is holding the easement to perform its enforcement obligation, a stewardship and defense donation is often included as a part of the overall transaction. Of course, a key requirement is that the property serves a valid conservation purpose, and the IRS Code list four conservation values that are used to make this determination.  Most land trusts also have criteria for conservation properties which must be met. While there is often overlap between these conservation values, the land owner and conservation easement holder must work together in determining if the conservation easement is appropriate for both parties. Lastly, the CE must be substantiated, which is typically done through a qualified appraisal and appraiser and documented by way of a Form 8283.

While completing a Conservation Easement to the standards of the IRS and the easement holder is a meticulous and detailed process, a landowner can realize substantial federal tax benefits.  Currently, a landowner can deduct the value of the conservation easement donation up to 50% of their annual income and carry forward any remaining donation value for period of up to 15 years.  Qualified ranchers and farmers are eligible for greater tax incentives, with the ability to deduct the value of their donation up to 100% of their annual income, with a carry forward period of 15 years.

Executing a conservation easement is a complicated process and the benefits vary with each person’s unique situation. Anyone considering a conservation easement should consult with their own tax professional to determine whether it is a viable option for them.

For information about Land Trust of North Alabama and working with them to protect your land, visit www.landtrustnal.org/preserve-land.

Five Keys to Determine the Effectiveness of a Nonprofit

We just celebrated one of my favorite days of year – Giving Tuesday. It is one of my favorite days because, perhaps even more so than on Christmas, it is a reminder to think outside of ourselves.

With companies, like Facebook, matching contributions, and #GivingTuesday challenges, there is increasing access to donations. This is great for nonprofits doing amazing work, but as a donor, how do you filter out all the buzz and peer pressure and ensure the nonprofits you support are effective?

Too often, efficiency gets confused with effectiveness. An efficient organization eliminates waste and maximizes productivity. An effective organization fulfills its mission. While an effective organization should consider efficiencies, efficiency alone is not the goal. All too often, donors are quick to zero in on the percentage of donations used for administrative expenses, like salaries, overhead, and general expenses to maintain the operation of the organization. While this is an important consideration, it is just one consideration when evaluating a nonprofit’s effectiveness.

5 Factors to Consider

  1. Mission: The most important determination of whether a nonprofit is effective is if it is achieving its mission. Make sure you know what you are supporting. Do a little research to determine the nonprofit’s mission. The first place to start is the nonprofit’s website, but there are other third-party resources like GuideStar (www.guidestar.org), Charity Navigator (charitynavigator.org), and your local Community Foundation that can help.
  2. Goals and Programs: Does the organization have very specific and measurable goals? Think SMART goals – Specific, Measurable, Achievable, Relevant, and Time bound. Are the nonprofit’s programs set up to achieve the specific goals and does the nonprofit report on the performance of those goals – positive and negative? Most nonprofits offer an annual report to donors. Ask for the previous year’s report in advance and pay particular attention to how achievements are discussed. The more transparent, the better!
  3. Financial Wellbeing: Pay attention to the financials of the organization, but as a whole, considering the nonprofit’s mission, goals, and programs. If the nonprofit is tackling big tasks, it needs a strategic, focused leader at the helm with other dedicated talented individuals supporting, just like a for-profit organization does. Be careful not to judge too quickly based on the amount paid in salaries alone. Also consider where the nonprofit is located and the marketing and overhead costs necessary to accomplish goals. Just like any other business, marketing and overhead are needed expenses to help facilitate higher performance. It may be helpful to compare financials of different nonprofits, but only do so if you are comparing apples to apples. The nonprofits should do very similar work, in a similar location with similar goals.
  4. Leadership: Check into the leadership of the nonprofit, both the internal leadership and the board leadership. Is the leadership engaged? Can they speak to the mission and goals of the organization? Do they implement a strategic plan? Are there checks and balances? Are there policies and procedures in place? Are there regular board meetings and term limits for board membership? Sometimes measuring the effectiveness of the leadership can be difficult. Before making large contributions to an organization, it may be helpful to sit down and interview both the Executive Director and the board (or at least a representative of the board) to ensure that they are on the same page and working well together.
  5. Collaboration: Think about the nonprofits with the best reputations. Many of them have dedicated volunteers and donors who are committed to the mission. This doesn’t mean that the nonprofit has to be one of the biggest, it just needs to be able to facilitate work through others. It needs an engaged group advocating for the mission. The leaders, volunteers, and donors need to be willing to break down fences to partner with others to create great impact, even if that means sharing resources and taking a smaller cut of the pie.

Above all, it is important that the resources you give align with your core values and passions. Before you make your next gift, I challenge you to take time to consider your top three key core values and three areas of interests and ask yourself how they relate. Are there any common threads? Write down your findings and keep them as a reference for the next time you are asked to give. If the request doesn’t align with your core values and passions, give yourself the freedom to say no. If the request does align with your core values and passions, say yes and follow through to ensure your gift is used wisely. You hold the power of impact in your hands. What will you do with it?

Community Spotlight: The Liberty Learning Foundation

Sometimes, it’s difficult not be consumed by negative newspaper articles or cable news shows that leave you frazzled and questioning the direction of our nation. Luckily, our school kids, with the help of the Liberty Learning Foundation, are on their way and ready to show us what it means to be a good citizen. 

The Liberty Learning Foundation (LLF), a nonprofit and nonpartisan 501(c)(3), is dedicated to teaching, inspiring, and empowering school children to know about civics, history, good character, community engagement, financial responsibility, and career readiness. These important subjects are often cut by school systems eager to focus on teach-to-test subjects like science and math. Liberty is built on the belief that science and math alone cannot continue our nation’s progress, and that a curriculum that includes lessons about the history of our nation and what it means to be a good citizen add to the overall well being of students.

The mission for the Liberty Learning Foundation began with a simple question: How can schools, community leaders, and businesses work together to ensure out next generation understands its important role in America’s future? The answer is a ten-week Super Citizen program that includes a big kick off with an appearance by Libby Liberty, a professionally-developed curriculum, project-based learning, and an ending celebration that shows children what they’re capable of when they work together. 

I recently had the great opportunity to attend the Liberty Learning Foundation Kick-Off Event for Huntsville City Second Graders (and get my picture with Libby Liberty). It was such a fun and unique event that served as a pep rally for the ten-week educational program. The children left excited about the opportunity to learn more about history and servant leadership. 

Lady Liberty and Jessica Smith

Liberty Learning Foundation currently serves over 40,000 students in 270 schools and communities around Alabama, and they want to grow! They primarily rely on private donations to sustain and grow the program because they don’t want to burden school systems with an unfunded program.

Let us know if you are interested learning more about Liberty Learning Foundation or attending one of their local kick-off programs with area schools. If you are a believer in the importance of teaching history, civics and good citizenship to children, it is an event I think you’ll enjoy. Our friend, Dr. John Kvach, Vice President of Liberty Learning Foundation, has offered personal invitations and would be happy to speak with you more on how the Liberty Learning Foundation is creating the “next generation of great Americans”.    

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Disclaimer

Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Longview Financial Advisors, Inc.), or any non-investment related content, made reference to directly or indirectly in this newsletter or post will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this newsletter or post serves as the receipt of, or as a substitute for, personalized investment advice from Longview Financial Advisors, Inc.. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Longview Financial Advisors, Inc. is neither a law firm nor a certified public accounting firm and no portion of the newsletter or post content should be construed as legal or accounting advice. A copy of the Longview Financial Advisors, Inc.’s current written disclosure statement discussing our advisory services and fees is available for review upon request.


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