NYPMIFA – New York’s version of the Uniform Prudent Management of Institutional Funds Act (“UPMIFA”) – governs the management and investment of funds held by not-for-profit corporations and other institutions. It replaces and updates key provisions of the Uniform Management of Institutional Funds Act (“UMIFA”), which was adopted in New York in 1978. This in-depth […]

Speakers: Stephen Martini and Catherine M. Hedgeman. Topics include: Review of essential financial reports 7 Characteristics of financially healthy nonprofits Duties of the Board and Finance Committee with regard to Financial Governance and policies Review of 990 requirements Review of the Uniform Prudent Management of Institutional funds Governance of Endowments and Invested funds $25 Fee […]