19th Annual CASE Conference for Institutionally Related Foundations

CPE Session Information

Accountants can earn up to 12.0 Continuing Professional Education (CPE) credits at the 19th Annual CASE Conference for Institutionally Related Foundations, April 12-15, 2011 in Phoenix, Arizona. Course Level: Group-Live; no prerequisites or advance preparation is required. Only individuals registered for the conference can attend CPE sessions and earn CPE credit. For each CPE credit session, conference attendees must sign-in and remain for the entirety of the session to earn credit.

The following is a list of CPE credit sessions offered at the conference:

Day 1, Wednesday, April 13

FASB Update

9:45 - 11:00 AM

Location:
Rob Leslie, CPA will update attendees on Financial Accounting Standards Board matters of interest to IRFs and their auditors, to help them "stay ahead of the FASB curve."

Learning Objectives

• Analyze implementation matters and recent guidance concerning FASB standards such as Fair Value (FAS 157), and especially the Accounting Standards Updates (ASUs) on Fair Value of Alternative Investments and on Fair Value Disclosures and other comprehensive issues such asExamine current reporting matters concerning NFP Endowments and UPMIFA (FSP FAS 117-1)
  o FASB's standards setting environment
  o Not for profit mergers and acquisitions
  o Subsequent events
  o The final "ASU's" on loan loss disclosures and contingency disclosures
• Learn the latest on major U.S. GAAP-IFRS convergence/improvement projects on which exposure drafts have been issued that include such areas as; Financial Instruments, Fair Value, Revenue Recognition, Leases and Financial Statement Presentation
• Discuss FASB's Disclosure Framework Project and how it could impact your foundation.

CPE Credit:
Conference attendees can earn up to 1.0 CPE credit at this session.

Program Level:
Basic

Presenter:
Rob Leslie, CPA, CRA Officer, Nonprofit Banking Manager, Mutual of Omaha Bank

Spending Policy

11:15 AM - 12:30 PM

Location:
As public colleges and universities grapple with cuts in state appropriations and declining endowment investment returns, many institutionally related foundations are being encouraged to increase their payout rates. What is the best spending model for your foundation? A panel will examine the pros and cons of various foundation spending models.

Learning Objectives

• Discuss the impact of UPMIFA and the current economic environment on foundation spending policies. 
• Examine the pros and cons of various foundation and institution spending models.
• Learn how to communicate about your spending policy with key stakeholders.

CPE Credit:
Conference attendees can earn up to 1.0 CPE credit at this session.

Program Level:
Basic

Moderator:
William Jarvis, Managing Director, Commonfund Institute

Panelists:
Leslie Bram, Associate Vice President and Chief Operating Officer, University of Florida Foundation

Gina Dugas, Chief Financial Officer, LSU Foundation

Jeff Dunn, Associate VP for Finance, West Virginia University Foundation

Tax and Government Relations Update

2:15 AM - 3:30 PM

Location:
What is happening with legislative proposals to limit the value of the charitable deduction? What college, university and foundation activities are attracting scrutiny from the Internal Revenue Service? Brenda Blunt and Brian Flahaven will provide an update on the latest legislative and regulatory developments affecting institutionally related foundations.

Learning Objectives

• Learn about the latest legislative developments affecting IRFs on Capitol Hill and in the states
• Review current IRS initiatives that impact IRFs, including the college and university compliance project and the Form 990
• Discuss IRS concerns about excessive compensation and unrelated business activities
• Learn how your foundation can weigh in on legislative and regulatory issues

CPE Credit:
Conference attendees can earn up to 1.0 CPE credit at this session.

Program Level:
Basic

Presenters:
Brenda Blunt, managing director, Mayer Hoffman McCann P.C.

Brian Flahaven, director of government relations and institutionally related foundations, CASE

 

Delivering High Performance and Creating Value Through Your Foundation Executive Team

3:45 - 5:45 PM

Location:
As complexity increases and the financial models for higher education change, the role of the university foundation continues to escalate in importance. With new solutions required for new times, foundations today are called upon not only to secure and steward private support but also to serve as conveners in the development of multiple relationships critical to institutional success. These trends challenge leadership teams to become early innovators and new thinkers as they develop the "case for investment" in their foundations. This session will provide you (and your team) insights into best practices and emerging ideas and allow you to actually engage in problem-solving scenarios directed at ensuring high-performance outcomes.

Learning Objectives

• Examine trends and best practices in the IRF field
• Learn how to develop a "case for investment" in your foundation
• Discuss case studies and brainstorm solutions to the case studies
• Develop strategies for strengthening your foundation's executive team

CPE Credit:
Conference attendees can earn up to 2.0 CPE credits at this session.

Program Level:
Basic

Facilitator:
R.J. Valentino, president and co-founder, The Napa Group

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Day 2, Thursday, April 14

The Long Road Back - When will the economy fully recover from "The Great Recession?"

9:00 - 10:00 AM

Location:
University of Arizona Professor Gerald Swanson will provide an economic forecast that looks at the causes of "The Great Recession", where the economy is now and the difficult policy choices facing our President and Congress regarding our deficit dilemma.

Learning Objectives

• Analyze the causes and consequences of the current state of the business cycle
• Learn how this cycle compares to previous ones and why the economic downturn happened
• Examine if policy actions have been enough to cure the economy and if the cure could be worse than the disease itself
• Understand how current economic conditions could impact your foundation

CPE Credit:
Conference attendees can earn up to 1.0 CPE credit at this session.

Program Level:
Basic

Presenter:
Gerald J. Swanson, professor of economics, Thomas R. Brown Chair in
Economic Education, University of Arizona

Understanding and Managing Liquidity in a Crisis Environment

10:15 AM - 11:30 PM

Location:
During the financial crisis of 2008, many schools experienced difficulty fulfilling calls for private capital investments, forcing some to take losses in the secondary marketplace. The investment-related benefits of private investments are widely known, but require long-term commitments and can potentially lead to "liquidity crunches" during crisis environments.

Learning Objectives

• Examine how much liquidity your foundation actually
• Learn how to determine if your foundation can survive another crisis if it increases its private capital
• Discuss why it is the type of liquidity that matters - selling stocks in the midst of a crisis, just because they are liquid, is suboptimal.

CPE Credit:
Conference attendees can earn up to 1.0 CPE credit at this session.

Program Level:
Basic

Presenters:
Brenda Lee, president, University of Toledo Foundation

Michael J. Oyster, managing principal - special projects and options strategies, Fund Evaluation Group

Talent Management Strategies: Creative Ways to Recruit, Retain and Grow Your Foundation's Talent

11:30 AM - 12:30 PM

Location:
Stewarding our relationships with our external and internal talent is equally as important as the stewardship of our donors in these challenging times. Christine Rawak will share a variety of strategies that the University of Michigan has incorporated into its overall talent management plan.

Learning Objectives:

• Learn why talent management should be a priority at your foundation and examine strategies for recruitment of foundation professionals and retention of staff during difficult economic times
• Analyze creative approaches to building relationships and broadening candidate pipelines
• Discuss the importance of engaging your senior leadership and development community in talent management strategy and programs
• Examine what the future of recruitment looks like for the development and foundation profession

CPE Credit:
Conference attendees can earn up to 1.0 CPE credit at this session.

Program Level:
Basic

Presenters:
Erin Hall-Westfall, director, recruitment and talent management, Office of Development, University of Michigan

Funding Your Foundation

2:00 - 3:15 PM

Location:
How do most institutionally related foundations fund their operations? Are more IRFs using gift fees. This session examines traditional IRF funding sources using data from the recent CASE Foundation Funding Survey. Panelists will discuss how their IRFs fund their operating budgets, the pros and cons of various sources, and whether their foundations have considered adding new sources.

Learning Objectives

• Examine traditional IRF funding sources using data from the recent CASE Foundation Funding Survey 
• Analyze the pros and cons of various IRF funding sources, from endowment management fees to gift fees
• Learn how three IRFs fund their operations and whether their foundations are considering any changes to their funding sources

CPE Credit:
Conference attendees can earn up to 1.0 CPE credit at this session.

Program Level:
Basic

Moderator:
Karen Dunbar, chief financial officer, Colorado State University Foundation

Panelists:
Rebecca Hein, chief financial officer, Portland State University Foundation

Kathleen Pickard, chief financial officer, University of Minnesota Foundation

Doyle Thompson, vice president and controller, Texas A&M Foundation

Philanthropy Outlook

4:30 - 5:30 PM

Location:
What are the latest trends in giving to higher education? Stacy Palmer will provide an outlook and insights on the state of philanthropic giving.

Learning Objectives

• Hear about the outlook for charitable giving to colleges and universities
• Learn about how the pace of the economic recovery is affecting giving.
• Discuss issues likely to affect charitable giving and giving to education in the coming year, including donor attitudes and expectations.

CPE Credit:
Conference attendees can earn up to 1.0 CPE credit at this session.

Program Level:
Basic

Presenter:
Stacy Palmer, editor, Chronicle of Philanthropy

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Day 3, Friday, April 16

Rebuilding Endowment

8:30 - 10:30 AM

Location:
Endowments have been hit hard by the sharp decline in the value of financial assets and by a reduction in grants, gifts, donations and planned giving resulting from a weak economy. In what may be a protracted low return environment, what can institutions do to help their endowments grow again? William Jarvis of Commonfund Institute will provide an update on foundation endowment performance and asset allocation trends and lead a panel discussion on strategies to rebuild endowment.

Learning Objectives:

• Identify the most recent investment and governance trends in educational endowments, with a particular focus on IRFs
• Discuss strategies for rebuilding endowment in the aftermath of the economic downturn
• Learn how IRFs and other institutions are encouraging donors to consider endowed gifts.

CPE Credit:
Conference attendees can earn up to 2.0 CPE credits at this session.

Program Level:
Basic

Presenter and Moderator:
William Jarvis, Managing Director,
Commonfund Institute

Panelists:
Dave Bahlmann, president/CEO, Ball State University Foundation

John Lippincott, president, CASE

CPE Program Questions

For more information regarding refund, complaint and/or program cancellation policies, please contact Brian Flahaven at 202-478-5617 or flahaven@case.org.

CASE is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor continuing professional education on the National Registry of CPE sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: www.nasba.org.

 

 

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