This presentation will give a history and overview of donor
advised funds (DAF) and how they are currently regulated. The Minnesota Council of Nonprofits
has proposed an amendment to Minnesota’s Supervision of Charitable Trusts and Trustees Act which would require
charitable trusts transferring funds to DAFs to include in their annual
trust filing with the office of the attorney general an itemized list of all
grants and contributions made or approved for future payment during the
year from that DAF. The purpose behind this amendment would be
to increase transparency and encourage compliance with restrictions on the
funds even after transfer.
This CLE is approved for credit
through June 17, 2023.
Panelists:
Marie Ellis | Public
Policy Director | Minnesota Council of Non-Profits
Emmett
Robertson | Attorney | Rubric
Legal
LLC
CLE Credits:
1.0 Standard CLE Credit | Event
Code: 375168
Cost:
MSBA Members: $29.95
Non-MSBA
Members: $64.95