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During this program, experienced nonprofit practitioners in the legal and finance areas will tackle how to identify key risks and establish approaches that help nonprofits succeed internationally. Although considerations vary among global regions, there are always common issues, challenges and practical tips for success and overcoming challenges. By learning how to assess your operations and activities—or potential activities—through both a legal and financial lens, you can expect better outcomes for your mission abroad. We will examine the top ten risks facing nonprofits that operate internationally—and what you should do to mitigate these risks. Learn about:
- Assessing what is the best legal form for your activities in particular countries
- Conducting due diligence regarding the jurisdiction and your partners in-country before proceeding, and beyond
- Employment—pros and cons of various options, such as being employees of a U.S. nonprofit or employees of a foreign entity, or using independent contractors or a management company
- Delivering services and goods on the ground—what is considered “doing business” in particular countries and when you need to “register,” be “licensed,” or otherwise more fully comply with local requirements, and other considerations
- Adopting the appropriate policies and procedures for corruption prevention and compliance with U.S. and foreign anti-bribery laws
- What you need to know about U.S. economic sanctions (OFAC) and U.S. export controls
- Setting up systems for strong financial controls—key control elements to include, common pitfalls, procurement and subcontracting, and other practical advice
- International donor requirements—a changing landscape, financial requirements, and federal tax-exemption considerations
- Agreements—key terms to include (and avoid) in your overseas contracts, the “pre-nup” (it is easier to get in than to get out), term, termination, ownership, use and licensing of trademarks and copyrights, avoiding infringement of others’ intellectual property rights, vicarious liability, domestic and foreign tax liability, indemnification, governing law and venue, dispute resolution, and more
- Insurance and security considerations—a brief primer
Schedule:
12:00 p.m. - 12:30 p.m. ET - Networking Luncheon
12:30 p.m. - 2:00 p.m. ET - Program/Webinar
Speakers:
Anita K. Drummond, Esq., Counsel, Nonprofit Organizations Practice, Venable LLP
Carrie Kroll McMullan, Esq., Counsel, International Trade and Customs Practice, Venable LLP
Matt Cromwell, CPA, Assurance Partner, Nonprofit and Education, BDO