[Audio] Nonprofit Basics: Set-Asides As Qualifying Distributions

Welcome to EO Radio Show – Your Nonprofit Legal Resource. In this episode, Cynthia Rowland expands on an important concept that often comes up for private foundations when addressing the rules that require use of a minimum amount each year for charitable purposes. This is known in the industry as the minimum distribution requirement. In episode 30, she talked about the general rules for computing a foundation’s distributable amount for the year. In this episode, she takes a closer look at how...
By: Farella Braun + Martel LLP