CLE on Financial Reporting for Donor Gifts

The National Business Institute is sponsoring a 90-minute teleconference on June 28 entitled Financial Reporting Issues for Donor Gifts. The program description is below:

Stay Up to Date on Reporting Requirements

Accountants and attorneys continue to wrestle with the legal, accounting, and financial-reporting issues surrounding gifts by donors to the endowment funds of not-for-profit organizations as well as the related management and expenditure by NPOs of those funds’ earnings and gains. This program will review the fundamentals of donor gift reporting requirements and is a must attend for any attorney advising nonprofit organizations. Register today!

• Be prepared to effectively advise exempt organizations on accepting gifts of money and property.
• Help clients comply with the substantiation and reporting requirements associated with contributions.
• Know the definition of “prudence” and know how to effectively apply it.