The current market conditions have impacted the financial health of many nonprofits and charitable organizations. To weather this storm, nonprofits and charitable organizations need to understand the Uniform Prudent Management of Institutional Funds Act (“UPMIFA”) and its limits. On April 27^th,  together with John Griffith, our Endowment Specialist, and Michael Cooney, Partner at Nixon Peabody, we hosted a webcast on this topic. We explained UPMIFA’s guidance on prudent endowment spending and explored what it means for nonprofits and charitable organizations today.

If you would like the slide presentation, please contact us.