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Nonprofits in Distress

  • Training

  • Massachusetts Continuing Legal Education, Inc. (MCLE)
  • ID: 5944791
Nonprofits might find themselves in financial distress for a variety of reasons. Even with an active program and strong endowment, a nonprofit might suffer an unexpected loss of key management personnel, board leadership, or funders. Financial distress might also result from COVID conditions, an economic downturn, or changes in the law or other factors impacting the environment in which it operates. In this new 2-hour webcast, the faculty discuss the steps that nonprofits in distress can take to maintain their programming, and the steps they should avoid to stay out of trouble.

Course Content

12:00 - 12:02 pm
Welcome and Introduction
Elka T. Sachs, Esq.,
Krokidas & Bluestein LLP, Boston

12:02 - 12:44 pm
Nonprofits in Distress: Endowments and Donor-Restricted Funds
Bernardo Gustavo Cuadra, Esq.,
Office of the Attorney General Nonprofit Organizations/Public Charities Division, Boston

12:44 - 1:26 pm
Nonprofits in Distress: Affiliations and Mergers
Elka T. Sachs, Esq.,
Krokidas & Bluestein LLP, Boston

1:26 - 1:48 pm
Nonprofits in Distress: Board Responsibilities and Maintaining Employee Compensation
Anita S. Lichtblau, Esq.,
Casner & Edwards LLP, Boston

1:48 - 1:55 pm
'Ask the Experts' Q&A Session and Key Takeaways
Panel

Please Note
This webcast is delivered completely online, underscoring their convenience and appeal.
There are no published print materials. All written materials are available electronically only.
They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.

Speakers

Chair
Elka T. Sachs, Esq.,
Krokidas & Bluestein LLP, Boston

Faculty
Bernardo Gustavo Cuadra, Esq.,
Office of the Attorney General Nonprofit Organizations/Public Charities Division, Boston
Anita S. Lichtblau, Esq.,
Casner & Edwards LLP, Boston