AFP Blog: Legislation, Government Relations and Related Topics

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Showing posts with label NPEndowment. Show all posts

Tuesday, March 22, 2011

New York AG Issues Endowment Guidance- Exempt from The NonProfit Times March 22, 2011

New York AG Issues Endowment Guidance- Exempt from The NonProfit Times March 22, 2011: "March 22, 2011

New York AG Issues Endowment Guidance

New York Attorney General Eric T. Schneiderman released a guide for charities on new legislation that changes the rules on how they manage, invest and spend their endowments and other funds. The booklet, A Practical Guide to the New York Prudent Management of Institutional Funds Act, is available on the Attorney General’s Charities Bureau website, and provides guidance on frequently asked questions about the new law."