Legal Matters for Community Foundations Workshop - JUNE 2021
You will receive an email from Zoom with your unique information to join the virtual workshop by Monday, June 28.
If you do not receive the email, contact daniela.rodriguez@cof.org.
WORKSHOP HOURS
- Tuesday, June 29: 1:00-4:00 p.m. ET
- Wednesday, June 30: 1:00-3:00 p.m. ET
YOUR FACULTY
Ben McDearmon
Staff Counsel, Council on Foundations
YOUR HOST
Daniela Rodriguez Ranf
Director, Leadership & Training, Council on Foundations
AGENDA
Day 1 | Tuesday, June 9| 1:00-4:00 p.m. ET
General Overview of New Rules, Regulations, and Developments for Community Foundations
Discuss new rules and regulations affecting community foundations.
Topics:
- Post-graduation scholarships
- H.R. 3988 (universal deduction)
- CARES Act
- Updated Charity Act
- Tax deductibility
- UPMIFA
- Other announcements
Most Common Legal Complexities Facing Community Foundations
Discuss some of the most common inquiries from community foundations across the country, including those related to donor-advised funds, scholarships, giving circles and agency funds.
Topics:
- Permissible grantees
- Current law and basic rules
- Overview of national DAFs
- Current landscape and criticisms
- Your role vs. donor expectations
- Expenditure responsibility
- What regulations or rules might we expect?
- Notice 2017-73 regarding DAFs
Day 2 | Wednesday, June 30 | 1:00-3:30 p.m. ET
Deep Dive: Grants to Individuals – Scholarships
Deep Dive: Corporate Funds, Hardship Assistance, and Disaster Relief
- Corporate advised funds and DAFs
- Grants to small Businesses and employees
- Hardship assistance and scholarship funds
- Publication 3833—Disaster Relief Funds
Deep Dive: Most Common Legal Complexities Facing Community Foundations
- Agency funds, agreements, and geographic affiliates
- Agency funds and designated funds
- Fund agreements: variance power, etc.
- Choosing to work with advisory boards
- Options for terminating relationships
- Geographic affiliates
JAMBOARD
RESOURCES
Day 1
Post-Graduation Scholarships & Workforce Development:
- Public Policy Analysis: Post Graduation Scholarships
- Webinar Recording: Post-Graduation Scholarships: What Are They and How Can You Use Them?
- Webinar Recording: Community Foundation Scholarship Programs: From A to Z
Charitable Deductions:
Cemetery Funds:
DAFs:
- What is Expenditure Responsibility?
- Grants to Organizations from Donor Advised Funds: Is Expenditure Responsibility Required?
- Webinar Recording: Lunch with Legal Counsel: Private Foundations and DAFs
- DAFs: Appointed or Designated Advisors and Their Advisory Privilege
- Guidance for Donor Advised Funds, Supporting Organizations, and Employer Disaster Funds
- Can My Foundation Fund Legal Aid for Individuals?
- Legal Questions about GLobal Grantmaking and Expenditure Responsibility
Day 2
Donor Initiated Fundraising:
Scholarships:
Corporate Sponsored Scholarships and Hardship Funds:
- Establishing a Scholarship Fund for Corporate Employees
- Disaster Assistance and Emergency Hardship Funds: Charitable Assistance for Individuals and Communities
- Webinar Recording: When Corporations Come Knocking – Working with Corporate Donors and Employer-Related Funds
Geographic Affiliates: