Legal Matters for Community Foundations Workshop - September 2020
You should have received an email from Zoom with your unique information to join the virtual workshop.
If you did not receive the email, contact daniela.rodriguez@cof.org.
WORKSHOP HOURS
- Wednesday, September 23: 1:00-4:00 p.m. ET
- Thursday, September 24: 1:00-4:00 p.m. ET
- Optional Session – Friday, September 25: 1:00-2:30 p.m. ET
YOUR FACULTY
Bryan Del Rosario
Director, Legal Resources & Senior Counsel, Council on Foundations
Ben McDearmon
Staff Counsel, Council on Foundations
YOUR HOSTS
Daniela Rodriguez Ranf
Director, Peer Learning & Engagement, Council on Foundations
Brad Ward
Lead Strategist, Community Philanthropy, Council on Foundations
AGENDA
Day 1 | Wednesday, September 23 | 1:00-4:00 p.m. ET
1:00-1:55 p.m. — General Overview of New Rules, Regulations, and Developments for Community Foundations
Discuss latest 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
2:05-3:30 p.m. — Most Common Legal Complexities Facing Community Foundations
Assessing the most common inquiries from the field nationally, delve into pressing subjects and issues such as DAFs, 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
3:40-4:00 p.m. — Deep Dive: Grants to Individuals – Scholarships
Day 2 | Thursday, September 24 | 1:00-4:00 p.m. ET
1:00-1:50 p.m. — Top 10 Challenges and Prevailing Trends within Community Foundations
Led by Council Lead Strategist for community philanthropy, Brad Ward, hear trending narratives shaping conversations in board rooms as well as the most common challenges shared among community foundations.
2:55-3:00 p.m. — 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
3:10-4:00 p.m. — 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
Day 3 Optional Session | Friday, September 25 | 1:00-2:30 p.m. ET
1:00-2:00 p.m. — Hot Topics for the Field
Explore questions related to previous content or new issues not covered. Issues can range from staff and administrative, technical, general or board governance. Previous topics addressed include fund types, admin fees, or grantmaking in economic development.
2:00-2:30 p.m. — Anything Goes!
All and any legal questions are welcome. Your questions and input will guide this interactive discussion.