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Show Me the Money: New Issues in Endowments Webinar

CPE

When
Feb. 2
12:00 - 12:50 p.m.

CPE Credits
1-Other

Details

 Pricing

PICPA Member: $49 | Nonmember: $74


 More Information

Course No.
780700
Level
Basic
Prerequisites
None

Description

 

Consider the efficacy of Act 71, a law which provides charities a three-year authorization to spend up to 10% of the value of an endowment fund instead of the current maximum of 7%.

Highlights

  • Changes resulting from Act 71: is the new 10% raised ceiling good or not?
  • Best practices in structuring endowments, reserve funds, naming rights, and gift acceptances

 



Speaker(s)

Laura N. Solomon, Esq.

Laura N. Solomon, Esq. is the founder of Laura Solomon Esq. & Associates, a law firm devoted to the representation of nonprofit, charitable, and other tax-exempt organizations.  She and her associates provide a full range of corporate and tax legal services, including representation for mergers, joint ventures, and complex financings.  Firm clients include public charities and private foundations, museums, hospitals, schools, religious groups, business environmental, animal welfare, and amateur sports organizations, social clubs, and political action committees, and range from small start-up organizations to large health systems and multi-national charities.

 Ms. Solomon is on the Faculty of the Nonprofit Institute of the Philadelphia Bar Institute, and currently serves on the Charitable Organizations Committee of the Pennsylvania Bar Association, and the Tax-Exempt Organizations Subcommittee of the American Bar Association.  She is quoted frequently in the media, and lectures often for lawyers, accountants, and other professional and community groups on nonprofit, corporate, and tax issues.  Ms. Solomon also lectures at the LaSalle University Nonprofit Center, the University of Pennsylvania, and Villanova, Drexel, and Temple Universities. 

 Prior to starting her firm, Ms. Solomon was associated with Ballard Spahr Andrews & Ingersoll, LLP.  She is a member of the Bar Associations of New Jersey and Pennsylvania and received her B.A., magna cum laude, from Tufts University and her J.D. from the University of Pennsylvania.  You can find more information about her practice along with links to helpful information on nonprofits at her website: www.LauraSolomonEsq.com.

Donald W. Kramer

Donald W. Kramer serves as chair of Montgomery McCracken’s Nonprofit practice group.
Don has more than 40 years of experience dealing with the concerns of nonprofit organizations, not only as a lawyer, but also as a teacher, writer, publisher and board member. He has worked with nonprofits of all types and sizes, helping structure startup situations and restructure multiorganizational health and educational systems. He counsels on a wide range of nonprofit corporate structure and governance, private and community foundations, continuing care retirement communities, exempt organization taxation, low-income housing tax credit transactions, real estate, charitable giving and other nonprofit issues.

Don’s representative clients include The Philadelphia Foundation, The Kendal Corporation, Pennswood Village, Central Susquehanna Community Foundation and Woods Services.

Don serves as the editor and publisher of Don Kramer’s Nonprofit Issues®, a national newsletter of “Nonprofit Law You Need to Know,” which he founded in 1989. Prior to joining Montgomery McCracken in 1972, Don served as deputy development coordinator and assistant to the mayor of Philadelphia.


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