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The Pulse

Common Legal and Tax Questions of Credit Union Foundations: May 23, 10:30 a.m. to 2:00 p.m, at Wings Financial

4/25/2023

 
Credit union foundations are charitable organizations, subject to complex state and federal laws and regulations. This session is intended to bring simplicity and clarity to the state and federal laws that govern our credit union foundations. You will leave the session with an understanding of:
  • governance and fiduciary obligations of directors of a credit union foundation
  • requirements of our foundations as 501(c)(3)s under federal law 
  • what makes a credit union foundation a public charity versus a private foundation
  • why the public charity/private foundation status of a credit union foundation matters
  • lessons learned from the 2022 Otto Bremer Foundation decision in Minnesota

We will also have time for your questions.  Send them in advance or bring them to the session!

​Tuesday, May 23, 2023
10:30 AM - 2:00 PM 
Wings Financial Credit Union
14985 Glazier Avenue
Apple Valley, MN 55124
Presenter: Heidi Christianson, attorney at Nilan Johnson Lewis, PA. Heidi’s clients are nonprofits, and they include corporate and family foundations, trade associations and public charities like hospitals and social services organizations. 

This session is sponsored by Wings Financial Credit Union and will only be offered in person. Lunch will be provided. Please register by May 12. With questions, please contact  Andrea Molnau, VP Communications & Engagement at amolnau@mncun.org. 
Register Now

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