Led by the Council's legal team, this two-day virtual workshop is designed to answer your broad legal and practical questions on administering funds, grants, and community foundation activities.
This workshop will provide technical and practical understanding of complex legal rules and regulations for community foundations. Sessions are curated with insights from members of the Council's legal team — who interact with nearly 2,000 foundation leaders each year — as well as trends spotted by our broader team, including National Standards for U.S. Community Foundations. It is a timely, relevant take on the legal basics that informs day-to-day business decisions and operations. There will be time for questions and a deep exploration of the answers.
Who should attend:
This workshop is open to any board or staff member from any community foundation that is eager to dive into the legalities of a foundation’s business model and unlock effective management and leadership.
Topics:
Specific topics will be defined in advance of the workshop as attendees begin to submit ideas, pressing issues, and assist with the defining of sessions. This event is designed to be time sensitive and relevant to current issues. The format will be discussion-oriented, question and answer-based learning alongside peer sharing.
- General Overview of new rules, regulations, and developments for CFs – Discuss latest new rules and regulations affecting community foundations.
- Topics will vary based on current events and attendee requests, but often cover topics such H.R. 3988 (universal deductions), CARES Act, Updated Charity Act, Tax Deductibility, UPMIFA and related public policy trends.
- Most common legal complexities facing community foundations – Assessing the most common inquiries from the field nationally, Council attorneys will delve into pressing subjects and issues such as DAFs and permissible grantees, current laws and basic rules regulating DAFs, Notice 2017-73 regarding DAFs, variance power, expenditure responsibility, agency funds, and geographic affiliates.
- Trends and Challenges from the Field – Council experts will share the trending narratives shaping conversations in board rooms as well as the most common challenges shared among community foundations.
- Most common legal complexities facing community foundations – Assessing the most common inquiries from the field nationally, Council attorney Ben McDearmon will delve into pressing subjects and issues such as scholarships, hardship and disaster relief funds, and new rules, regulations and developments in the sector.
