Midwest Community Foundation Legal Program

Discover practical guidance on the legal concepts that shape community foundation fund management and organizational decision-making. Community foundation leaders are often asked to navigate legal challenges, and it can be difficult to understand the unique rules, regulations and jargon in the field. Designed for community foundation CEOs and key leaders, this virtual program will cover key legal basics, including variance power, UPMIFA, the Pension Protection Act and more.     

After a lunch break, you will dive into the components of fund agreements and considerations for different fund types. The program will also explore when and how to change fund agreements properly. Led by Heather Moore and Manny McMiller of Faegre Drinker, the program will break down complex topics, share case studies and offer Q&A opportunities. 

Continuing Education: Faegre Drinker intends to apply for CLE credit for this program. At this time, no applications have been submitted or are pending. Credit approval is determined by the applicable state bar or accrediting CLE board, and updated information on CLE credit will be provided before the event.

Registration 

Registration for this members-only Midwest program is through the Indiana Philanthropy Alliance website at: https://inphilanthropy.org/events/midwest-community-foundation-legal-program. Members should enter their email address and select Philanthropy Ohio as their PIO affiliation during registration.   

Agenda 

10 a.m. – noon   Legal Basics 

Noon – 1 p.m.    Break for Lunch 

1 – 3 p.m.            Fund Agreements and Making Changes to Funds  

What you’ll take away 

• Understanding of the core legal concepts and requirements that govern community foundations and their funds. 
• Key components of fund agreements and their implications for fund administration and future changes. 
• Recognition of when to change a fund and the legal considerations involved.   

Who should attend 

• Community foundation CEOs and staff interested in understanding general legal guidance for their foundations.  

This program is a part of our Midwest Partnership Series, a collaboration between Philanthropy Ohio, Indiana Philanthropy Alliance, Council of Michigan Foundations, Iowa Council of Foundations and Philanthropy Missouri