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Are You Still Struggling to Understand UPMIFA Rules?
Zachary Kester

Many nonprofits don’t realize that there are many rules around how donations should be handled, whether they can be refunded, and how to know donor intent. This can result in extremely sticky situations. There are also myriad rules around investing assets, managing grant funds and donor-restricted funds, and the process to vary from a donor’s stated intent when the intent becomes impractical or impossible.

Price: $299.00

Venue

This is a virtual event, accessible online and over the phone. Access instructions will be provided after registration.
Are You Still Struggling to Understand UPMIFA Rules

Many nonprofits don’t realize that there are many rules around how donations should be handled, whether they can be refunded, and how to know donor intent. This can result in extremely sticky situations. There are also myriad rules around investing assets, managing grant funds and donor-restricted funds, and the process to vary from a donor’s stated intent when the intent becomes impractical or impossible.

The Uniform Management of Institutional Funds Act (“UPMIFA”) changed many of the default rules that existed prior to 2007. Practitioners and nonprofit leaders still struggle to understand the rules.

This webinar will cover handling donations, investing assets and straying from a donation’s original purpose.

WHAT YOU'LL LEARN

Just a sampling of what this webinar will cover:

  • Helping a donor establish when a gift is “completed”
  • Assessing when a donor’s gift of a “partial interest” is tax-deductible, and what to do about it
  • Properly completing a refund of a donation, where appropriate
  • “Prudently” holding and investing assets
  • Implementing “fund accounting” for restricted funds (grants, or individual donations)
  • Exercising “variance” power and/or follow the formal variance process with the Attorney General and/or the Court
Price: $299.00

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PRESENTER

Zachary Kester

WHAT'S INCLUDED

  • Access your training anywhere, with a computer, tablet or smartphone.
  • Engaging and up-to-date training to support your career and your organization.
  • Handouts you can distribute to your board and staff.