Not For Profit/Exempt Organizations Blog

Monthly Archives: October 2010

Proskauer Rose LLP to host its 15th Annual Trick or Treat Seminar on Friday October 29, 2010

The most successful exempt organizations are those that are well-positioned to run effectively and efficiently. This seminar highlights certain laws and best practices that are necessary for an exempt organization to succeed in this new regulatory landscape. This program will provide Exempt Organizations with information on:    Best Practices for Board Members The Effects of Health … Continue Reading

New York Finally Passes Its Version of UPMIFA

On September 17, 2010, New York State modified its laws governing the management and investment of charitable gifts by New York nonprofit institutions. Specifically, the NYS legislature adopted, subject to certain modifications, the Uniform Prudent Management of Institutional Funds Act. Importantly, officers should ensure that their Board is aware of all of the Act's changes and that the relevant institutional policies, particularly investment policies, and practices are reviewed and revised accordingly. … Continue Reading