Q&A's Archive - Page 2 of 41 - Exponent Philanthropy

Q&A Archive

What conference sessions center around legal compliance?

The following conference sessions center around legal compliance:  Wednesday, October 18th SESSION: Foundations 101: Legal Basics 9:00 AM – 10:15 AM Hear an overview of all private foundations rules, from filing the Form 990-PF to public disclosure rules and the self-dealing rules. This survey of the rules will empower you to know when to raise questions with... Read More

What conference sessions will help advance my DEI learning journey?

These conference sessions will help advance your DEI learning journey: Tuesday, October 17th SESSION: Leverage Technology to Meet BIPOC Nonprofits Where They Are 3:00 PM – 4:15 PM BIPOC-led organizations vital to health of communities of color were forced to close their doors after the COVID-19 pandemic. This outcome exposed philanthropy’s systemic disinvestment in BIPOC-led nonprofits through... Read More

What can my foundation fund with minimal legal effort?

1. Administrative Expenses As an initial matter, all administrative expenses must be “reasonable and necessary” to count toward the distribution requirement. “Reasonable and necessary” expenses are those that are directly attributable to running your foundation’s charitable programs, such as reasonable personnel and overhead costs, fundraising expenses, travel for site visits, and accounting and tax services.... Read More