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Challenges Facing Charitable Organizations with Underwater Endowments (12.3.09)
In these difficult economic times, charitable organizations face many challenges, including those related to steep drops in their endowment funds due to dramatic market declines. This program will address the legal issues and limitations confronting charities and their attorneys when the value of an endowment fund drops below its value on the date it was given to the charity. Pending legislation dealing with this problem will also be addressed.

http://www.legalspan.com/nycbar/catalog.asp?UGUID=&CategoryID=&