Speaking Engagement

Charitable Donations of LLC and Limited Partnership Interests to Nonprofits

Strafford Webinars

Live Online Webinar

Blank Rome partner Michael I. Sanders will serve as presenting faculty for Charitable Donations of LLC and Limited Partnership Interests to Nonprofits, a live Strafford webinar taking place Monday, November 21, 2022, from 10:00 to 11:50 a.m. PST (1:00 to 2:50 p.m. EST).

The webinar, subtitled “Avoiding Negative Tax Consequences for Public Charities, Private Foundations, and Donor-Advised Funds,” will provide nonprofit organization professionals and counsel with a practical guide to the planning and reporting implications when a donor contemplates gifting an interest in a partnership or an LLC to an exempt organization. The panel will outline gifting impacts to donors, detail the due diligence requirements and possible tax consequences to the donee charity, and offer operational insights. They will also describe the differences in treatment between gifts to public charities vs. private foundations. Topics include:

  • What are the benefits—and risks—of charitable contributions of partnership and LLC interests to an exempt organization?
  • What due diligence must the exempt organization advisers undergo to ensure that a partnership or LLC interest contribution does not involve tax, operational, or cash-flow risk to the donee charity?
  • What factors unique to private foundations and donor-advised funds impact charitable contributions of partnership or LLC interests?
  • How should an exempt organization structure a donative transaction of a partnership or LLC interest?

The webinar includes interactive Q&A and CPE credit is available.

For more information and to register, please visit the webinar webpage.