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| The 19th annual conference on
Not-For-Profit
Organizations
Learn the Latest on Legal and Tax Issues
Affecting Not-For-Profit Organizations. This One Day Seminar is Designed
for:
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Not-For-Profit Managers
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Accountants
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Attorneys
Co-Sponsors:
CPA’s For the Public Interest
The Donors Forum of Chicago
June 9, 2000 |
ONLINE REGISTRATION AVAILABLE!
Click here
to register online or print registration information.
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Program Highlights
Stay on the cutting edge of new developments
in taxation, legislation
and regulation of non-profits by attending
sessions on:
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Current Tax Developments
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Tax Exempts on the Internet: New Developments
in Tax and Intellectual Property
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Key Employment Issues Affecting Not-For-Profits
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News From the Service on Reorganization
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IRS Current Developments
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Tax-Efficient Charitable Giving: Strategies
for the Donor
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Legal, Tax and Insurance Issues in Purchasing
or Leasing Real Estate
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Preparation and Review of IRS Forms 990 and
990-PF
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Report From the Illinois Attorney General’s
Office
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Unrelated Business Income
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Joint Ventures: Tax Issues and Implications
of the Redlands Case
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Accounting Update: Year 2000 Issues
The Program
FRIDAY, JUNE 9, 2000
8:00 - 8:45
REGISTRATION
8:45 - 9:00
WELCOME AND INTRODUCTION
Philip N. Hablutzel, Faculty
Sponsor, Professor of Law, Chicago-Kent College of Law
Janice E. Rodgers, Quarles &
Brady LLC, Conference Co-chair
9:00 - 9:45
Current Tax Developments
A review of recent tax cases and
1999-00 rulings, and their significance for practitioners in the not-for-profit
arena.
Bruce E. Huey, Friedman
& Huey Associates
9:45 - 10:15
Tax Exempts on the Internet: New Developments
in Tax and
Intellectual Property
Recent issues in unrelated business
income; exemption problems with linking to sites which conduct lobbying
or political activities; the Trademark Cyberpiracy Prevention Act of 1999,
signed November 29, and other issues in trade names and domain names; and
privacy issues.
Michael A. Clark, Sidley
& Austin
Philip N. Hablutzel, Professor
of Law, Chicago-Kent College of Law
10:15 - 10:25
BREAK
10:25 - 11:45
Key Employment Issues Affecting Not-For-Profits
Experts in the field of employment
law will discuss what you need to know about new
legal developments and how your not-for-profit should comply in the areas
of discrimination, sexual harassment,
e-mail, discipline, FMLA and employee absence,
and privacy. The laws regarding privacy in the workplace, especially
with new technology, e-mail and internet usage,
have rapidly developed. Employer beware!
It is more important than ever to have good policies and manager
training in these areas.
Richard J. Gonzalez, Clinical
Professor of Law, Chicago-Kent College of Law
K. Bruce Stickler, Stickler
& Nelson
11:45 - 12:30
News From the Service on Reorganization
Steven T. Miller, Director
of Exempt
Organizations, IRS, Washington, D.C.
12:30 - 1:30
BUFFET LUNCHEON
1:30 - 2:30
CONCURRENT WORKSHOPS
Workshop A
IRS Current Developments
Fundraising and advertising issues
(car donation programs, “scrip” programs, World
Wide Web issues), Classification Settlement Program (CSP), political
activities, lobbying, intermediate sanctions
(§ 4958).
Fred Kluss, Group Manager,
EO Large Case Program, IRS, Chicago
Gregory J. Stull, Senior Attorney,
Mid-States Region, IRS, Chicago
Workshop B
Tax-Efficient Charitable Giving: Strategies for
the Donor
Analysis of key tax issues affecting
the charitable donor under the income, gift, estate
and generation skipping transfer tax. Consideration of short-term
and long-term strategies to maximize
the tax benefits of charitable giving, including private
foundations, supporting organizations, charitable remainder trusts
and charitable lead trusts. Practical
pointers on funding, unrelated business taxable
income, transfers at death, and use of the charitable contribution
carryforward. Case study approach, with
practitioner and planned giving checklists.
Grace Allison, Tax Counsel,
The Northern Trust Company
Workshop C
Legal, Tax and Insurance Issues in Purchasing or Leasing
Real Estate
All non-profit organizations need
some place–whether small or large, offices or an
entire building–in which to conduct their activities. This practical
session will provide an overview of
legal and tax issues which arise when a non-profit leases, purchases
or is offered a gift of any form of real estate. In addition, risk
management as well as traditional insurance issues will be discussed.
David S. Chernoff, Associate
General Counsel, The John D. and Catherine T. MacArthur Foundation
Thomas E. Chomicz, Quarles &
Brady LLC, Conference Co-chair
Allen K. Flagler, President,
The Flagler Agency, Inc.
2:30 - 2:40
BREAK
2:40 - 3:40
CONCURRENT WORKSHOPS
Workshop A
Key Issues in Preparation and Review of IRS Forms 990 and
990-PF
In light of the new disclosure
rules for tax-exempt organizations and the increasing availability of these
tax forms on the Internet, the information they include will likely be
seen by a much wider audience, including potential donors and the media.
This session will include a discussion of issues and concerns involved
in the preparation of Forms 990 and 990-PF and will highlight sections
and issues for non-accountants to concentrate on in reviewing or helping
prepare their organizations’ or clients’ returns.
David M. Faje, Senior
Manager, American Express Tax and Business Services, Inc.
Morton S. Kessel, Managing
Director, American Express Tax and Business Services, Inc.
Janice E. Rodgers, Quarles &
Brady LLC, Conference
Co-chair
Workshop B
Report From the Illinois Attorney General’s Office
An overview of State of Illinois’
interest in and regulation of Charitable Organizations. A presentation
by the staff of the Illinois Attorney General’s Charitable Trusts Bureau
regarding State oversight of charitable organizations; discussion of their
Office’s view of fiduciary oversight, current developments and recent cases
involving charitable trust laws, principles in formation regarding Internet
solicitation and the formation of an Advisory Council to the Attorney General.
This session will include a segment for questions and answers.
Therese Harris, Assistant
Attorney General, Charitable Trusts, Illinois Attorney General’s Office
Floyd D. Perkins, Assistant
Attorney General and Bureau Chief, Charitable Trusts, Illinois Attorney
General’s Office
Workshop C
Unrelated Business Income
This workshop will cover significant
unrelated business income developments within
the last year–internet activity, corporate sponsorship, affinity card revenue,
joint ventures and other miscellaneous hot
topics. There will be ample opportunity
for questions and answers.
Mary E. Rauschenberg, Arthur
Andersen
3:40 - 3:50
BREAK
3:50 - 4:50
CONCURRENT WORKSHOPS
Workshop A
Joint Ventures: Tax Issues and Implications of
the Redlands
Case
Participation by tax-exempt organizations
in joint ventures with for-profit participants
has recently become the subject of intense debate and scrutiny.
The IRS has addressed the issue in Revenue
Ruling 98-15 and the Ninth Circuit will
be addressing the issue on appeal from the Tax Court decision in
Redlands Surgical Services v. Commissioner.
This workshop will provide an in depth
review of these recent developments and a critical discussion of their
implications for joint ventures, management
agreements and other arrangements between
exempt and proprietary participants. Practical planning suggestions
for pursuing such arrangements without jeopardizing exemption and
generating unrelated business income tax liability
will be explored.
Bernadette M. Broccolo,
Gardner, Carton & Douglas
Ray Cano, Revenue Agent,
IRS, Austin, TX
Workshop B
Accounting Update–Year 2000 Issues
This session will provide an overview
of a standard and statements of position (SOP)
impacting not-for-profit organizations. The new standard discusses
the transfers of assets between a not-for-profit
that raises or holds contributions and another
related beneficiary organization and follows the Exposure Draft issued
in a prior year. The two new SOP’s address
joint activities and start-up activities. The
session will discuss these new requirements and will also present
charitable split dollar life insurance policies and IRS scrutiny of such
transactions. Finally, technical practice
aids questions and answers that affect not-for-profits
will be discussed and an update on the FASB consolidation project-
exposure draft will be presented.
John Quinn, Clifton
Gunderson L.L.C.
Workshop C
Internet Issues: The Details
Unrelated business income from
Internet activities; exposures from acknowledgments
in Internet news-letters; privacy issues including compliance
with European Union regulation and the fallout
from banking deregulation; hyperlink
liability stemming from securities laws; recent cases
on metatags; injunctions on spammers; dealing with hoax letters;
and other recent developments in copyright
and trademark law.
Michael A. Clark, Sidley
& Austin
Philip N. Hablutzel, Professor
of Law, Chicago-Kent College of Law
Can’t
Attend?
r
I am unable to attend, but wish to order the course materials
(Cost-$75. Payment must be remitted in advance)
r I am unable
to attend, but wish to order the audiocassette(s)
(Cost-$55
per workshop or $55 per plenary session. Payments must be remitted
in
advance)
List workshops/plenary session(s):
General Information
Special Rate: A special rate of
$130 per person is available to those not-for-profits less than 3 years
old, with a budget less than $250,000. Proof of incorporation and
annual budget must be sent with the registration form in order to receive
this special rate. A special rate of $130 is available to Chicago-Kent
College of Law Alumnae/i. Please indicate the month and year of graduation
on the registration form.
Confirmation of Registration: A
letter will be mailed to you at the address given on your registration
form. No other confirmation of your registration will be provided.
Confirmation of Attendance: A certificate
of attendance will be provided at registration.
Cancellation and Refunds: Written notification
of cancellation is required. A full tuition refund is available if notification
is received prior to May 12, 2000; 25% will be charged if notification
is received between May 12 and June 2, 2000. No refunds will be granted
after June 2, 2000.
CLE/CPE Credit: 6.3 hours on a “60-minute”
credit hour; 7.6 hours on a
“50-minute” credit hour. Chicago-Kent
is a registered public accountant continuing professional education sponsor
in Illinois.
For Additional Information: Please
call the Office of Continuing Legal and Professional Education, Chicago-Kent
College of Law, (312) 906-5090.
Hotel Accommodations: Hotel accommodations
have been made at The Executive
Plaza Hotel. Registrants are responsible for making their own reservations.
The room rate at the Executive Plaza is $119 for single or double occupancy,
plus 14.9% tax. The hotel is a short cab ride to the law school and provides
easy access to Michigan Avenue night life and shopping. Requests for accommodations
made after May 9, 2000 cannot be assured. Be sure to tell the hotel
reservation receptionist that you are attending the Chicago-Kent College
of Law Conference on Not-For-Profit Organizations. To make reservations,
fax or telephone:
The Executive Plaza Hotel
71 East Wacker Drive
Chicago, IL 60601-3706
(800) 621 - 4005
Fax (312) 346-2787
Upcoming Programs
The 19th annual Federal Tax Institute
May 4-5, 2000
The 4th annual Effective Expert Witness
Program
June 7, 2000
For further information, please contact
the Office of Continuing Legal and Professional Education, (312) 906-5090
or check out our website at www.kentlaw.edu/depts/cle/.
Advisory
Board
David S. Chernoff,
Associate General Counsel
The John D. and Catherine T. MacArthur
Foundation
Thomas E. Chomicz,
Quarles & Brady LLC
CONFERENCE CO-CHAIR
Denis J. Conlon, Principal
Ernst & Young
Vincent J. Crowley, Partner
Arthur Andersen
Philip N. Hablutzel,
Professor of Law
Chicago-Kent College of Law
FACULTY SPONSOR
Bruce E. Huey, Partner
Friedman & Huey Associates
Valerie S. Lies, President
Donors Forum of Chicago
Donald G. Mulack, Partner
McBride, Baker & Coles
Floyd D. Perkins, Bureau Chief,
Charitable Trusts, Illinois Attorney General’s
Office
Judith M. Picken,
Assistant District Counsel
Midwest Region, Internal Revenue Service
Janice E. Rodgers,
Quarles & Brady LLC
CONFERENCE CO-CHAIR
Susan Van Veen,
Executive Director
CPA’s for the Public Interest
Deborah T. Villa, Director
Continuing Legal and Professional Education,
Chicago-Kent College of Law
Felisia A. Wesson,
General Counsel
The Field Museum
Program Faculty
Grace Allison, Tax Counsel
The Northern Trust Company
Bernadette M. Broccolo, Esq.
Gardner, Carton & Douglas
Ray Cano, Revenue Agent,
Internal Revenue Service, Austin, Texas
David S. Chernoff,
Associate General Counsel
The John D. and Catherine T. MacArthur
Foundation
Thomas E. Chomicz, Esq., CPA
Quarles & Brady LLC
CONFERENCE CO-CHAIR
Michael A. Clark, Esq.
Sidley & Austin
David M. Faje, Senior Manager
American Express Tax and Business Services,
Inc.
Allen K. Flagler, President
The Flagler Agency, Inc.
Richard J. Gonzalez
Clinical Professor of Law
Chicago-Kent College of Law
Philip N. Hablutzel, Professor
of Law
Chicago-Kent College of Law
FACULTY SPONSOR
Therese Harris, Assistant Attorney
General, Charitable Trusts,
Illinois Attorney General’s Office
Bruce E. Huey, CPA
Friedman & Huey Associates
Morton S. Kessel, Managing Director
American Express Tax and Business Services,
Inc.
Fred Kluss, Group Manager,
EO Large Case Program,
Internal Revenue Service
Steven T. Miller, Director of Exempt
Organizations, Internal Revenue Service,
Washington, D.C.
Floyd D. Perkins, Bureau Chief
Charitable Trusts, Illinois Attorney General’s
Office
John Quinn, CPA
Clifton Gunderson L.L.C.
Mary E. Rauschenberg, CPA
Arthur Andersen
Janice E. Rodgers, Esq.
Quarles & Brady LLC
CONFERENCE CO-CHAIR
K. Bruce Stickler, Esq.
Stickler & Nelson
Gregory J. Stull, Esq.
Internal Revenue Service
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