Webinar: Legally Structuring a Lasting Educational Impact

Lawyers Clearinghouse is pleased to offer this webinar in conjunction with Lawyers Alliance for New York and the National Network of Business Law Pro Bono Programs

Registration: Click here. The fee is $20.

Presenters: Nicole Cuttino, Senior Staff Attorney, Lawyers Alliance; M. Faye Shin, Associate, Simpson Thacher & Bartlett LLP

How you would benefit:
Scholarships are an excellent way for nonprofits to support educational achievement in connection with their charitable purposes. Some nonprofits are established with the intention of managing a scholarship program, while other nonprofits develop a scholarship program after operating for several years as a natural extension of other program offerings. This webinar, designed for newly forming and existing public charities, will provide an overview of IRS rules and best practices to establish and administer a scholarship program, including the selection criteria for recipients, selecting a scholarship review committee, distributing funds, monitoring the use of funds, and a discussion of tax implications for both the recipient and the public charity.

Learning objective:
Participants will understand how to structure and administer a scholarship program.

Who would benefit:
For nonprofit managers and Board members of public charities considering the creation of a scholarship program.

*This webinar is designed specifically for public charities (not private foundations) and will not address applicable rules for donor advised funds.