Accountants can earn up to 14.0 Continuing Professional Education (CPE) credits at the 21st Annual CASE Conference for Institutionally Related Foundations, April 17-19, 2013 at the Sheraton Atlanta Hotel. 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:

Preconference, Tuesday, April 16

Trends in Foundation Structure and Operations

Using data from the FY2012 IRF Data Book Survey, a panel of foundation leaders will discuss trends in foundation structure and operations. Funding sources, spending policy and staffing levels will be discussed.

Learning Objectives

• Learn the latest data on foundation structure and operations from the FY12 IRF Data Book Survey.
• Discuss changes to foundation structure, including staffing levels and whether IRFs are becoming more or less dependent on their institutions.
• Discuss recent trends how foundations fund their operations and whether spending from endowments has changed in the past year.

CPE Credit: Conference attendees can earn up to 2.0 CPE credit at this session.
Program Level: Basic
Field of Study:Business Management & Organization

Presenters: Brian Flahaven, Director of Legislative, Foundation and Recognition Programs, CASE; Elizabeth Banycky, Treasurer, Southern Illinois University Foundation; Geraldine Gallagher, President and CEO, Valencia Foundation; and Ernie Hughes, Executive Director, Southern University System Foundation
Moderator: Thomas Mitchell, Executive Vice President, University of Florida Foundation

Day 1, Wednesday, April 17

8:00-9:30 AM
Welcome and Keynote Address
The conference kicks-off with a keynote address from G. Wayne Clough, secretary of the Smithsonian Institution and president emeritus of the Georgia Institute of Technology, who will share his insights and thoughts on the state of public higher education and on leading one of the world's most complex organizations into a new era.

Learning Objectives

• Examine some of the trends facing public higher education
• Learn how a noted leader in higher education made the transition to managing one of the world's most complex institutions.
• Hear strategies and advice on leadership and managing complex institutions

CPE Credit: Conference attendees can earn up to 1.0 CPE credit at this session.
Program Level: Basic
Field of Study: Specialized Knowledge & Applications 

Presenter: G. Wayne Clough, Secretary, Smithsonian Institution and President Emeritus, Georgia Institute of Technology

9:45-11:00
Enterprise Risk Management
One of the most important responsibilities foundation staff leadership has is to work with board leadership to develop and manage an enterprise risk management program specific to the organization. Using the successful WVU Foundation ERM program, this session will provide participants with the how-to steps necessary to develop, and then manage, a successful ERM program.

Learning Objectives

• Learn about enterprise risk management and why foundations should consider implementing an ERM program.
• Discuss best practices in ERM and how to get foundation board buy-in.
• Examine the case study of WVU Foundation and how the foundation designed and implemented ERM.

CPE Credit:  Conference attendees can earn up to 1.0 CPE credit at this session.
Program Level:  Basic
Field of Study: Management Advisory Services 

Presenter: Wayne King, President and CEO, West Virginia University Foundation

9:45-11:00
Real Estate Challenges and Opportunities
Most foundations have developed strategies for receiving gifts of real estate, but increasingly foundations are becoming involved in developing facilities projects and enterprises. This session will look at a number of different strategies foundations have employed to be successful in meeting both challenges and maximizing opportunities for their host university.

Learning Objectives

• Examine the various strategies foundations have employed to manage real estate gifts.
• Learn about the types of real estate gifts being received and managed by foundations.
• Discuss the challenges foundations face when managing gifts of real estate and how foundation leaders can address those challenges.

CPE Credit:
Conference attendees can earn up to 1.0 CPE credit at this session.
Program Level:
Basic
Field of Study:
Taxes

Presenters: Joe Bales, Vice President for Development and University Relations, Middle Tennessee State University; Richard Massey, Associate Vice President for Foundations, Old Dominion University; and Walter Massey, Vice President for Development and Alumni Affairs, Georgia State University
Moderator: David Shufflebarger, Senior Partner, Alexander Haas

11:15 AM-12:30 PM
FASB and Accounting Update
This session will provide the latest information on accounting, financial reporting and public policy matters impacting higher education and IRFs. Major discussion topics will help you understand what is on the horizon with respect to the FASB Not-for-Profit recommendations on proposed reporting changes. We will review some of the key higher education industry issues that boards and audit committees are focused on. Also learn how your fiscal 2013 audit report will change and how you should be educating your key stakeholders about the new reports.

Learning Objectives

• Discuss the latest information and updates from the Financial Accounting Standards Board.
• Learn how your fiscal 2013 audit report will change and how you should be educating your key stakeholders about the new reports
• Discuss key higher education industry issues that boards and audit committees should be focused on.

CPE Credit:  Conference attendees can earn up to 1.0 CPE credit at this session.
Program Level:  Basic
Field of Study: Accounting 

Presenter: Milford McGuirt, Partner, National Audit Sector Leader-Higher Education, Research & Other Not-for-Profits, KPMG LLP

12:30-2:00
Luncheon and Panel Discussion: On the Horizon
A panel of foundation leaders discuss opportunities and challenges facing the foundation field

Learning Objectives

• Hear perspectives of the top challenges facing the IRF field and how three leaders are working to address these challenges.
• Discuss the evolving nature of the relationship between the foundation and the institution.
• Learn how three foundations have tackled budget and financial pressures facing their organizations.

CPE Credit:  Conference attendees can earn up to 1.0 CPE credit at this session.
Program Level:  Basic
Field of Study: Specialized Knowledge & Applications 

Presenters: Cheryl Hitchcock, Executive Director, Morgan State University Foundation; Michael Knetter, President and CEO, University of Wisconsin Foundation; and Donna Vuchinich, President and CEO, University of Hawaii Foundation
Moderator: Thomas Mitchell, Executive Vice President, University of Florida Foundation

2:15 PM - 3:30 PM
Yield Enhancement Strategies for Operating Pools
Assets in an operating pool have traditionally been an afterthought for many IRF. However, that trend is changing fast. Many IRFs draw a management fee from their operating pool, which usually comes from the returns of the pool's invested assets. With current market yields at or near all-time lows, operating pool revenues have become yet another part of a thinning top line of many IRF budgets. Representatives of the USF Foundation and Payden & Rygel will discuss taking on new and innovative methods for investing the assets of operating pools. This includes new methods for measuring returns and risk as well as incorporating new investment options, not typically used in institutional cash management.

Learning Objectives

• Discuss the latest trends for investing operating pools.
• Learn new and innovative methods for investing operating pools from the perspective of foundation staff and an external investment consultant
• Learn how foundations can measure risk and return on operating pool investments.

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

Program Level:
Basic
Field of Study:
Management Advisory Services

Presenters: Rob Fischman, Associate Vice President and Chief Financial Officer, University of South Florida Foundation; Michael Salvay, Managing Principal, Senior Portfolio Manager, Payden & Rygel; and Ken Souza, Investment Director, University of South Florida Foundation

Day 2, Thursday, April 19

9:00-10:30 AM
Communicating in Times of Crisis and Opportunity
An expert in international investing and asset allocation will provide an outlook on the financial markets and investment trends.

Learning Objectives

• Analyze the current economic environment and the condition of the financial market
• Learn perspectives on how IRFs can approach investing in this period of slow recovery and volatile financial market.
• 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
Field of Study: Communications 

Presenter: Davia Temin, President and CEO, Temin & Company

10:45 am - 12:00 pm
Why Do We Have So Much Money In Stocks?
Emphasis will be on institutional portfolios, whose long-term focus, 4-6% annual spending, and prudent portfolio construction is paramount. The session will discuss how a future of increased regulation, potentially higher inflation, rising interest rates, and slower growth may equate to lower returns for many asset classes.

Learning Objectives

• Analyze the current market environment and why many asset classes face lower returns.
• Discuss how a future of increased regulation, potentially higher inflation, rising interest rates and slower growth will affect foundation portfolios and strategies for investing in such an environment.

CPE Credit:  Conference attendees can earn up to 1.0 CPE credit at this session.
Program Level:  Basic
Field of Study: Management Advisory Services 

Presenters: George Moss, CIO, Louisiana State University and Mike Oyster, Managing Partner, Fund Evaluation Group

10:45 am - 12:00 pm
State Compliance
Although your foundation may be a tax exempt entity, the complexities of tax compliance can be overwhelming - especially when addressing state and local tax regulations. This session will provide a framework of approaching state and local tax compliance with topics including state charitable solicitations, sales and use tax, income tax, unclaimed property, and more.

Learning Objectives:

• Apply a framework for approaching state charitable solicitation compliance.
• Understand various tax compliance area frequently addressed by state taxing authorities.
• Communicate within your organization the importance of State and Local Tax Compliance.

CPE Credit:  Conference attendees can earn up to 1.0 CPE credit at this session.
Program Level:  Basic
Field of Study: Taxes 

Presenter: Karen Gries, Partner, CliftonLarsonAllen LLP

1:45 PM - 2:45 PM
Economic Market Outlook
This session will provide an economic outlook and regional forecast for the coming year.

Learning Objectives

• Discuss the current state of the US and global economy
• Learn the latest economic forecasts for states and regions in the U.S.
• 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
Field of Study: Economics

Presenter: Steve Cochrane, Managing Director, Moody's Analytics

1:45 PM - 2:45 PM
Best Practices in Endowment Investing
This session will cover challenges facing college and university endowments as it relates to investing endowment assets. Specific strategies will be offered to ensure best practices in this mission-critical area.

Learning Objectives:

• Examine of endowment governance structures
• Discuss how to build a strong investment committee and key components of a thoughtful investment policy
• Analyze roles of key constituents
• Discuss transitioning endowment management to best practices.

CPE Credit:  Conference attendees can earn up to 1.0 CPE credit at this session.
Program Level:  Basic
Field of Study: Finance 

Presenter: Christopher Bittman, Partner, Perella Weinberg Partners and former Chief Investment Officer, University of Colorado Foundation

4:30 - 5:45
IRS Update
Since charitable organizations get their status from the tax code, the Internal Revenue Service is the federal government agency primarily responsible for oversight of colleges, universities and their institutionally related foundations. Nanette Downing will update attendees on IRS activities affecting foundations, including the status of the College and University Compliance Project.

Learning Objectives

• Learn the IRS Exempt Organizations Division's priorities for 2013 and analyze how they may affect your foundation.
• Review current IRS initiatives that impact IRFs, including the college and university compliance project and the charitable spending initiative.
• Learn about current IRS enforcement and compliance initiatives, including any specific projects looking at higher education institutions or their foundations.

CPE Credit:  Conference attendees can earn up to 1.0 CPE credit at this session.
Program Level:  Basic
Field of Study: Taxes

Presenter: Nanette Downing, Director, Exempt Organizations Examinations, Internal Revenue Service

Day 3, Friday, April 20

9:00-11:00 AM
Commonfund Seminar: Making the Case for Endowment Giving
Given the recent volatility of the financial markets, some donors are questioning the value of endowed gifts. William Jarvis of Commonfund Institute will lead a conversation on how foundation leaders can encourage donors to continue making gifts to endowment. Jarvis will also provide an update on foundation endowment performance and asset allocation trends from the 2012 NACUBO-Commonfund Study of Endowments.

Learning Objectives

• Learn the latest trends in IRF endowment performance from the 2012 NACUBO-Commonfund Endowment Study.
• Discuss recent trends in giving to endowment at higher education institutions and foundations.
• Discuss strategies for seeking gifts to endowment in the current economic environment

CPE Credit:  Conference attendees can earn up to 2.0 CPE credit at this session.
Program Level:  Basic
Field of Study: Finance

Presenters:
Lisa Gibert, President and CEO, Clark College Foundation and Brian Otis, Vice President for Development & Campaign Management, University of Connecticut Foundation
Presenter and Moderator: William Jarvis, Managing Director, Commonfund Institute

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.