Brad Bedingfield to Co-Present Practical Considerations for Splitting a Private Foundation Webinar

Brad Bedingfield, chair of the Nonprofit Group at Hemenway & Barnes, will present alongside Foundation Source’s Chief Legal Officer Jeffery Haskell, and tax services expert Amanda Adams in a discussion about what to consider during a private foundation split. This webinar is presented by Wealth Management and moderated by Susan Lipp, Editor in Chief, Trusts & Estates.

About the Webinar

From the pending divorce of a foundation’s founding board members to a lack of consensus on philanthropic focus, legal practitioners will occasionally come across a private foundation that has decided to split into two (or more) foundations. During these often-sensitive situations, it’s important to provide a framework for planning such an event. This informative session will cover the practical considerations for when a private foundation’s principals decide to go their separate ways including:

• How to split the foundation’s assets both fairly and practically
• How to avoid falling afoul of the strict and sometimes punitive tax and regulatory rules that can apply to foundation reorganizations

Register here: Practical Considerations for Splitting a Private Foundation Webinar