Kathryn Miree

 

Kathryn Miree & Associates Permanent funds, in the form of endowments, private foundations, supporting organizations and perpetual charitable trusts, are increasing in number and popularity. As those numbers increase, so do potential problems ranging from donor lawsuits alleging breach of donor intent, to shrinking/disappearing permanent funds, to conflict when the goals of the family and charity diverge. This session offers a look at the trends, what can go wrong, checklists to guide creation of permanent funds, and advice in drafting to ensure effective use and oversight of perpetual funds.