NOT1931. Trends in 'Form of Entity' Choices for Philanthropic Ventures

Track: 
Tax
Field of Study: 
Taxes
Business Law
CPE Credit: 
1.5
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Basic knowledge of not-for-profit operations, auditing, accounting and/or compliance requirements. General experience working in, or auditing, not-for-profits, including those NFPs audited under GAGAS.

Tuesday, June 11, 2019
 
11:10AM-12:25PM

Approaches to 'doing charity' over the last decade demonstrate a marked increase in the use of non-501(c)(3) modes. These include: (c)(4) social welfare organizations, for-profit subsidiaries, joint ventures, and for-profit 'hubs'. This session will present the advantages and disadvantages of these and other alternative modes and note how they are affected by federal and state law.

Learning Objectives:

  • Understand why traditional philanthropic models have been seen as confining
  • Compare the alternative options' ability to: meet donor priorities; effectuate operational efficiencies, maximize mission; and facilitate flexibility


SESSION SPEAKER(S)

J.D.
990 Queen | Eve Rose Borenstein, LLC
J.D.
Principal | Adler and Colvin