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Thank you for joining Council attorneys, Bryan Del Rosario and Ben McDearmon, for Legal Office Hours for Community Foundations: April 2021, a members only Q&A discussion that addressed emerging legal questions. The discussion focused on the top questions and concerns within…
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In this month’s “Lunch with Legal Counsel” webinar, Ben McDearmon, Law Clerk and Legal Administrator with the Council, continues our March scholarship series after our discussion earlier in the month on Post-Graduation Scholarships. Ben guides attendees on an exploration of topics around…
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At the Council, we are often asked how corporations can fund scholarship programs for company employees and dependents. Similarly, corporations often want to assist employees in times of crisis, whether due to a natural disaster or a more personal tragedy. In both cases…
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The steps of expenditure responsibility are the federally-mandated procedures a private foundation (and DAFs) must follow for any grant made to a non-charity. While the rules for exercising expenditure responsibility are relatively straightforward, many issues and concerns can…
Does your organization provide parking/transportation benefits to employees or do you already file the Form 990-T? If you answered yes to either of those questions, your organization will owe taxes for 2018 and the filing process is going to be different than it was last year. The Council’s…
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Community Foundations: Gearing up for Year-End
Spend 90 minutes with the Council's legal staff to explore topics associated with year-end. As well, take a moment out to celebrate #CFWeek and gear up for #GivingTuesday!
Topics Include:
Year-end…
Question:
May a company and its private foundation share employees?
Answer:
Yes, so long as any arrangement between the private foundation and the sponsoring company is structured in a way that does not violate the prohibition against self-dealing.
Corporate foundations and their…