Key Elements and Legal Lessons Surrounding Donor Intent

CD & Manual
  389150TMX $199.00 USD Add to Cart
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 96 Min. Audio MP3 - No shipping cost
   389150POD $199.00 USD Add to Cart
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What is a Podcast?

Benefits

A charitable gift given for a specific purpose generally can be used only for that purpose. But, under certain circumstances, a charity may be permitted to release or modify restrictions imposed on a gift. Understanding when and how such restrictions may be modified - and when donors may have standing to enforce the terms of their gift - is crucial both to charitable organizations and to donors. This live audio conference will help you understand how to document such intent in a manner that maximizes the donor's ability to ensure that his or her wishes are followed. It also will help charitable organizations understand when they may modify restrictions imposed by a donor on a gift and what processes they must follow to seek such modifications.


Agenda

Donor Intent
  • What Is Donor Intent and Why Is It Important?
  • How Do You Document Donor Intent?
  • How Do You Determine Donor Intent?
  • When Should Donors Take Care Not to Impose Legally Binding Restrictions on the Use of Their Gift?
Modifying Restrictions on a Gift
  • Who Has the Ability to Modify Restrictions Originally Imposed on a Gift?
  • What Is the Process for Seeking to Modify or Release Such Restrictions?
Donor Intent and UPMIFA
  • How Does UPMIFA Affect the Interpretation and Implementation of Donor Intent?
  • What Are 'Old and Small' Funds and Why Should You Care?
Enforcing Donor Intent
  • Who Has Standing to Enforce Donor Intent?
  • What Is the Role of Donors? The AG?

Faculty

Tamara L. Watts, K&L Gates LLP

Tamara L. Watts
  • Partner in the office of K&L Gates LLP
  • Practice emphasizes all aspects of federal and state law affecting tax-exempt organizations
  • Conducts regular seminars and workshops on organizing nonprofit corporations, securing and maintaining federal tax exemptions, good governance, lobbying rules applicable to 501(c)(3) organizations and UPMIFA
  • Writer of publications related to legal issues affecting tax-exempt nonprofits
  • Member, ABA Section on Taxation, Exempt Organizations Committee and Nonprofit Corporations Committee of the Washington State Bar Association
  • J.D. degree, Yale Law School; B.A. degree, Stanford University
  • Can be contacted at 206-370-8396 or tamara.watts@klgates.com




These Materials are Designed For

This live audio conference is designed for accountants, executive directors, controllers, enrolled agents, tax managers, CFOs, CEOs, business owners and managers, board members, treasurers and attorneys.

CD & Manual - CD Set with bound 16 page manual
Podcast - 96 Minute MP3 with 16 page electronic manual - Immediate Access and No Shipping Cost