Endowments and Donor Designated Funds - Topic for February 24, 2015

This meeting is the Winter follow-up to the Winter Roudtable meeting held in January. During the Winter Roundtable, many questions precolated from discussion of Endowments and Donor Advised Funds. So, for this meeting, Gary Mudd and Steve Rommerskirchen of Kerber, Eck & Braeckel will provide expert follow up to elaborate on aspects of those types of gifts.

Specifically, they will address:

• How we can differentiate between endowments and donor advised funds?
• What are the best practices for endowment and donor advised fund policies?
• How can obsolete endowment spending policies get released when the original donor is no longer in touch with the non profit?
• How to determine when restrictions on gifts become so narrowly definied as to become non tax deductible.
• Footnote and 990 implications for endowments and donor advised funds.
• Best practices for budgeting and goal setting for endowments and donor advised funds