Foundation Principals

MODERATOR

Susan Lipp
Editor in Chief

Trust & Estates

Thursday

2:00 PM ET

11:00 AM PT

Practical Considerations for Splitting a Private Foundation

From the pending divorce of a foundation’s founding board members to a lack of consensus on philanthropic focus, legal practitioners will occasionally come across a private foundation that has decided to split into two (or more) foundations. During these often-sensitive situations, it’s important to provide a framework for planning such an event.

Join Foundation Source’s Chief Legal Officer Jeffrey Haskell along with non-profit accounting and legal experts, Amanda Adams and Brad Bedingfield, for this informative session that will cover the practical considerations for when a private foundation’s principals decide to go their separate ways including:

• How to split the foundation’s assets both fairly and practically
• How to avoid falling afoul of the strict and sometimes punitive tax and regulatory rules that can apply to foundation reorganizations

CFP, CIMA®, CPWA®, CIMC®, RMA®, and AEP® CE Credits have been applied for and are pending approval.

PRESENTER

Jeffrey D. Haskell, J.D., LL.M.

Chief Legal Officer
Foundation Source

PRESENTER 

Amanda M. Adams

Managing Director, National Leader, Nonprofit Tax Services
Cherry Bekaert

PRESENTER 

Brad Bedingfield

Partner, Chair of the Nonprofit Group and Senior Vice President of Hemenway Trust Company
Hemenway & Barnes LLP

SPONSORED BY: