October 3, 2014 MANP Nonprofit Finance Conference.

At this conference, Len talked about UPMIFA (Uniform Prudent Management of Institutional Funds Act), a state statute that provides rules for management and investment of certain funds held by charitable institutions, spending of funds donated as “endowments”, and obtaining relief from donor restrictions. Presentation agenda:

•What is UPMIFA? The Basics

•UPMIFA Over the Life of an Endowment Fund

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Last Modified: October 6, 2014