$59.00
Nonprofit and tax-exempt organizations of every size are complex. Boards of directors need to recruit and retain talented management, supervise the investment of endowments in often-volatile markets, engage profit-making corporations in joint ventures, and ensure the integrity of systems and policies in an environment of increased governmental and public scrutiny. Effective governance of these organizations is essential to advancing the nonprofit’s mission. When governance fails, the organization itself and its directors are exposed to potential liability. This program provides you with a real-world guide to major governance issues for nonprofits, including fiduciary duties of directors and officers, managing endowments, executive compensation issues, compliance, and conflicts of interest. • Governance issues for nonprofit organizations
• Current IRS and attorneys general investigation and enforcement priorities• Essential provisions of nonprofit management agreements• Best practices for determining executive compensation• Fiduciary duties, potential liability, and indemnification of nonprofit directors and officers• Compliance issues, including Form 990
Speaker
Michael Lehmann is a partner in the New York office of Dechert LLP, where he specializes in tax issues related to nonprofits and the tax treatment of cross-border transactions. He advises hospitals and other health care providers, research organizations, low-income housing developers, trade associations, private foundations, and arts organizations on obtaining and maintaining tax-exempt status, executive compensation, reorganizations and joint ventures, acquisitions, and unrelated business income planning.
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