The Madoff scandal has caused the failure of well respected family foundations and raised the specter of penalties for board members’ inattentiveness to investment matters. Is your board doing all it should to be fiscally responsible? In this timely teleconference, learn about the board’s role and fiduciary duties in prudent investing, and hear about IRS’ new scrutiny of our sister public charities — often a bellwether of what’s to come for private foundations. We’ll cover audits, conflict of interest, investment rules and more, so that you can protect your foundation — and yourselves — now and in the future.
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