Audio conference
Fundraising With a Long-Term Perspective: The Legal Aspects

Wednesday, November 1, 2006
10 – 11:30 a.m.
The Wellness Community – Orange County
540 N. Golden Circle Drive, #315
Santa Ana, CA 92705

Are pledges legally enforceable? What terms should a pledge agreement contain? What should you do if a donor wants to describe a donation as a contract? And what about this new IRA Rollover provision? Jack Siegel will explore these questions and more during the next AFP Audio Conference on Nov. 1, 2006.

Legal issues aren’t always the most exciting subjects that fundraisers get to discuss, yet they have to address such issues all the time in their work. In his Nov. 1 Audio Conference, “Fundraising With a Long-Term Perspective: The Legal Aspects,” Siegel will focus on topics that are relevant and important for fundraisers to know. This isn’t a session for lawyers, but for fundraisers who need to have a working understanding of issues such as donor control, pledges and restricted gifts.

Siegel will use a variety of real-world examples, such as the recent experiences of Princeton University, St. Mary's College, Florida State University, Sophie Newcomb College, Hershey Trust, Metropolitan Opera and the New York Historical Society, to name a few.

Siegel will then turn to the tax changes under the Pension Protection Act, a name that is extremely misleading in terms of the law’s significant impact on charities and fundraisers. He will focus on new reporting requirements for contributions of money, limitations on gifts of art works to museums, limitations on gifts of personal property (clothing and household goods) to charities, the new provision removing impediments to gifts of IRA distributions to charities, new Form 990T disclosure requirements, and a number of other provisions directly relevant to fundraising.

Siegel provides training and consulting services to nonprofits through Charity Governance Consulting LLC. He is a lawyer and a CPA, and writes the Charity Governance Blog. He holds a Masters in Management from Northwestern University’s Kellogg Graduate School of Business and wrote A Desktop Guide for Nonprofit Directors, Officers, and Advisors: Avoiding Trouble While Doing Good (John Wiley 2006), a comprehensive guide to the legal, financial, tax and regulatory issues facing charitable organizations.

Target Audience:

This program contains U.S. legal content. The presentation will be most meaningful to those with several years of experience in the area of fundraising. However, anyone engaged in fundraising must understand these issues so there is no time like the present for beginners to delve into this topic. There is nothing magic or mysterious about the law, particularly since the presentation will be based on actual events and assumes no legal knowledge.

Learning Objectives:

Participants will:

• Understand why legal considerations are not just red tape
• Be able to define common forms of gifts
• Walk away with practical tips for structuring common forms of gifts
• Be able to identify some of the tax issues associated with gifts

**Participation in a live session or use of an audiotape of the program qualifies for 1.5 points toward CFRE continuing education requirements.**