CF OVERVIEW

Definition, roles, history
National Standards
IRS Code; tax exempt orgs
Legal concepts & documents

GOVERNANCE

Key legal concepts
Governance vs. management
Unique challenges of boards
Board leadership
Board orientation/education
Board & executive roles
Strategic planning

This session covers the following topics:

Types of funds
Fund agreements
Fund management issues
Fiscal sponsorship
Donor relations
Variance power
UPMIFA code
Making changes to funds

This session covers the following topics:

Fiscal responsibility
Investment/Finance/Audit committee(s)
Investment & spending policies
Working with investment professionals
Asset allocation
UPMIFA
Investment RFP
Fund accounting
Financial reports to board
Operating budget
Reporting
Audit
Tax compliance
Public support test

This session covers the following topics:

Grant guidelines/processes
Responsive and strategic grantmaking
Legal issues in grantmaking
Expenditure responsibility
Scholarship grants
Types of leadership

This session covers the following topics:

OPERATIONAL SUSTAINABILITY

Asset-expense mismatch
Fund types as products
Simple cost analysis
Fee model of CFs
Calculating sustainability
Developing a plan
Improving sustainability

LIFECYCLES

Major influences in the development of CFs
Growth cycles
Future challenges