Hi Everyone,

I wanted to share with you all an upcoming event that Donors Forum will be hosting in partnership with the Attorney General's office. Please see the details below and feel free to give me a call for more information. Hope to see you there!

 Strengthen your Nonprofit Organization:

The Attorney General’s Guidance on UPMIFA

Please join us for an information session on the Uniform Prudent Management of Institutional Funds Act (UPMIFA) a new piece of legislation signed into law by Governor Quinn on June 30, 2009. UPMIFA introduces a new standard of prudence governing when a nonprofit can spend their endowment. Under the old law, UMIFA, nonprofits were banned from spending endowment funds if they dip below their historic or initial dollar value. Learn what the new standard means for nonprofits in Illinois, including those struggling to stay financially sustainable.

Speakers include:

1.  Therese Harris, Chief, Charitable Trust Bureau, Illinois Attorney General
2. Larry Johnson, Senior Tax Manager, Sikich & Gardner LLP
3. Vicki Megginson, Senior Vice President, University of Illinois Foundation
4. John Stremsterfer, Executive Director, Sangamon County Community Foundation
   

For more information or to register contact Srilatha Lakkaraju at 312-327-8946 or slakkaraju@donorsforum.org.