Update: This event has already occurred. Please click above to listen to and view the recorded webinar, click here to view presentation materials from the event, and visit our Venable LLP Nonprofit YouTube channel to listen to and view all of our the recorded webinars on nonprofit legal topics.
Nonprofit organizations that receive contributions need to be familiar with the legal and accounting issues surrounding the acceptance of gifts. Compliance with, and deviation from, restrictions put on gifts by donors have been the subject of much recent litigation and legislation. Organizations must also be knowledgeable about the requirements and burdens surrounding the receipt of different classes of assets, including real estate and closely held stock. This program will focus on recent legal and accounting developments in these areas, as well as best practices aimed at avoiding problems. We will use illustrative examples to:
- Highlight practices that work well and those that don’t often succeed;
- Provide practical tips for maximizing your organization’s flexibility in managing donated funds; and
- Touch on common pitfalls in this field.
In addition to the Venable legal team (including Venable’s co-managing partner), the panel will feature BDO’s Dick Larkin, who participated in writing some of the key accounting standards in this area. This is sure to be a very popular program you will not want to miss.
12:00 p.m. – 12:30 p.m. EDT – Lunch and Networking
12:30 p.m. – 2:00 p.m. EDT – Program and Webinar