Nonprofit Organizations Committee: Conference Call on November 21

The Nonprofit Organizations Committee is excited to announce its presentation of:

Donor-Advised Funds After Notice 2017-73
November 21, 2019, 10:00 a.m. – 12:00 p.m.

Please join the Nonprofit Organizations Committee for a program on the topic of “Donor-Advised Funds After Notice 2017-73.”  Our presenter is Reynolds Cafferata of Rodrigues, Horii, Choi & Cafferata LLP.  In late 2017, the IRS published Notice 2017-73 on donor-advised funds (DAFs).  The notice provided interim guidance on use of DAFs to satisfy donor pledges, and sought comments on a number of DAF issues that are expected to be addressed when regulatory guidance is eventually published for Sections 4966 and 4967 of the Internal Revenue Code.  The program will discuss both the content of Notice 2017-73 and how charities that sponsor DAFs are responding to it. 

Reynolds Cafferata is a partner of Rodrigues, Horii, Choi & Cafferata LLP, where he practices non-profit, tax, estate and trust law.   His practice includes planning complex charitable gifts and trusts; creating donor-advised funds, private foundations, and supporting organizations; advising nonprofits on gifts acceptance, risk management, UBIT, self-dealing, and excess benefit transactions; and estate planning and wealth transfer.   He authored the Advising Nonprofit Corporations chapter on “Considerations in Selecting Donor Funds, Private Foundations, and Supporting Organizations,” and is a frequent speaker and author on planned and charitable giving.  Reynolds Cafferata has been a Los Angeles “Super Lawyer” every year since 2005, and is a Fellow of the American College of Trust and Estate Counsel.

This presentation will be accessible via conference call, which is free and open to the public.  The conference call can be accessed at the following dial-in number starting at 10:00 a.m.:

Dial-in: (855) 520-7605
Passcode: 7547908615#

The program may also be accessed via the following link to Zoom; to hear the conference call, please use the above dial-in number (not the Zoom audio).  The powerpoint presentation and documents written by Mr. Cafferata will be provided prior to the meeting.

Join Zoom Meeting
https://zoom.us/j/631375748

Meeting ID: 631 375 748
No password required

For more information about the Nonprofit Organizations Law Committee and its programs, please contact Barbara Rhomberg (Brhomberg@krnonprofitlaw.com) or Immediate Past Chair Louis E. Michelson (louis@lemtax.com).

*This program has been approved for MCLE credit by The State Bar of California for 1 hour of general MCLE credit.  California Community Foundation is a MCLE approved activity provider.  The California Lawyers Association is not the provider of this MCLE credit. 

For your reference, the following is the schedule of the upcoming meetings of the Committee:

• December 19, 2019 – Conference Call
• January 20, 2020 – Conference Call – Carol A. Bradford, Elizabeth Bluestein and Louis E. Michelson, Ethical Issues and Pitfalls for Non-Profit Boards and Their Advisors

This e-bulletin was written by Louis E. Michelson, Immediate Past Chair of the Nonprofit Organizations Committee.