Creating and Advising Artist-Endowed Foundations (OnDemand)

Originally held on Monday, April 25, 2022 | 5:00 pm – 6:30 pm

Program Chair:
Jacqueline D. Ewenstein
Ewenstein & Roth LLP

  • This CLE program will highlight important considerations for the practitioner to consider when advising an artist or a non-profit organization on the creation, funding and administration of an artist-endowed foundation. Structured as a free-flowing conversation around a hypothetical fact pattern, a panel of experts will bring their respective expertise in art law, estate and gift tax rules, and estate planning and nonprofit organizations to bear in a discussion of advising the artist and the artist-endowed foundation.

    You will learn about the issues that may arise in the context of the formation and operation of artist-endowed foundations, including:

    • art advising and appraising
    • intellectual property concerns
    • estate and gift tax planning for artists
    • conflicts, excess benefit and self-dealing issues between the artist, family members/heirs and the foundation

    Program Fee:
    $79 For Members | $179 For Nonmembers

  • Laura E. Butzel 
    Patterson Belknap Webb & Tyler LLP

    Megan Fox Kelly
    Megan Fox Kelly Art Advisory

    Amanda A. Rottermund
    Withersworldwide

    Jessica D. Soojian 
    Milbank LLP

  • 5:00 pm – 5:05 pm
    Introduction of Topics and Presenters

     

    5:05 pm – 6:20 pm
    Creating and Advising Artist-Endowed Foundations
    Laura E. Butzel; Megan Fox Kelly; Amanda A. Rottermund; Jessica D. Soojian

    • Estate and gift tax considerations in advising the artist
    • Art law and intellectual property considerations
    • Art advising and appraisal considerations
    • Conflicts, excess benefits, self-dealing, and other charitable organization considerations

     

    6:20 pm – 6:30 pm
    Q&A

  • New York: 1.5 Professional Practice
    New Jersey: 1.5 General
    California: 1.0 General
    Pennsylvania: 1.0 General

  • Sponsoring Association Committee:
    Art Law, Diana Wierbicki, Chair
    Estate & Gift Tax, David E. Stutzman, Chair
    Non-Profit Organizations, Jacqueline D. Ewenstein & Amarah K. Sedreddine, Co-Chairs

    Sponsorship Opportunities are Available! Please Contact:
    Yelena Balashchenko, Manager, Business Development & Sponsorships | (212) 382-6608 | ybalashchenko@nycbar.org