Taxation Law Section- Tax Exempt Organizations Subcommittee Meeting

When:  Oct 22, 2014 from 09:00 AM to 10:30 AM (ET)
Associated with  Taxation Law Section

 

Tax-Exempt Organizations Subcommittee Meeting:  Uniform Prudent Management of Institutional Funds Act and Jeopardizing Investments

The program will provide an interactive overview of the Uniform Prudent Management of Institutional Funds Act, and its governance over charitable endowment funds.  The discussion will include the requirement that managers of funds comply with the duty of loyalty and invest and manage the funds in good faith and under an “ordinary prudent person under like circumstances” standard.   The discussion will also focus on IRC Section 4944- jeopardizing investments applicable to private foundations and the exception for program-related investments.

 

Speakers   

Frances A. McElhill, Esq.

Farah N. Ansari, Esq.

Location

1 Constitution Sq.
New Brunswick, NJ 08901