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Recent Developments in Community Foundation Law: The Quest for Endowment Building
| Content Provider | Paperity |
|---|---|
| Author | Sidel, Mark |
| Abstract | Using legal and judicial means to build community foundation assets are the focus of some of the more interesting recent developments in community foundation law. This article discusses a recent state supreme court case that pitted a com- munity foundation against a trustee bank for control over the management and investment of a trust for the benefit of the community foundation; state incentive programs for community foundations, including tax credits and the use of gambling revenues to build community foundation assets; the growth of community foundation self-regulation; and other new developments that converge on a key issue—building endowment—that faces the vast majority of America's underfunded, under-endowed community foundations in a time of growing community and social needs. |
| Starting Page | 657 |
| File Format | HTM / HTML |
| ISSN | 00093599 |
| Issue Number | 2 |
| Journal | Chicago-Kent Law Review |
| Volume Number | 85 |
| Language | English |
| Publisher | Chicago-Kent College of Law |
| Publisher Date | 2010-12-31 |
| Access Restriction | Open |
| Subject Keyword | gambling revenue Community foundation assets community foundations self-regulation tax credits endowment trustee bank |
| Content Type | Text |
| Resource Type | Article |
