Thu, December 17, 2020 5:00 P.M.
Advance your understanding of fiduciary duties and strategic opportunities, especially around the work of an Investment Committee, as we highlight several specific legal structures that are permitted for tax-exempt entities and charitable fiduciaries, which a for-profit investor or charitable grantmaker might use to advance racial equity by sharing legal ownership and control among that funder and individuals.
We invite you to join us as we consider how legal and financial structures can best support individuals and existing communities and institutions in order to advance racial equity. Learn about both charitable and prudent investments, bridging philanthropy and commerciality, and navigating overlap and collaborations among nonprofit and traditional financial sectors.
Fiduciaries of restricted funds must navigate issues of prudence and federal tax law in structuring an investment portfolio. Marla K. Conley will describe the legal framework under federal tax-exempt law and state fiduciary standards, and our experienced panelists will offer practical perspectives on implementing these models, which offer opportunities for investors to participate in the appreciation of capital assets at various levels in a financing tier or to help a grantee charity innovate and modernize its own corporate structure.
- Danielle M. Burns, MBA, AIF, VP & Head of Business Development, CNote
- Wilfredo Hernandez, Founder + Director, Communitas Arts + Culture, an affiliated project of CultureWorks Greater Philadelphia
- James Johnson-Piett, Principal & CEO, Urbane Development
- Seulky McInneshin, PhD, Executive Vice President, The Enterprise Center
Marla K. Conley, Partner, Conley Law Group LLC
This program is co-sponsored by the Free Library of Philadelphia's Regional Foundation Center, the Junior League of Philadelphia, and Conley Law Group LLC.
This event is free but online registration is required.
Thursday, December 17 | 5:00pm - 6:30pm
Please submit your questions via email at email@example.com in advance or during the program, and we will answer them as time permits.