Taft Attorneys to Hold Free Seminar for Nonprofits in Dayton

Successfully operating nonprofit organizations has become increasingly challenging in the Miami Valley. The effect of long-time corporate benefactors leaving the area and the increased regulatory obstacles in place has increased the burden on nonprofit leaders to find new ways to operate efficiently, limit liability and raise funds.

Please join the Dayton office of Taft Stettinius & Hollister LLP for a seminar on Wednesday, September 19, 2007 from 2:00 p.m. to 4:30 p.m. at the Mandalay Banquet Center in Dayton. The seminar will address the following issues: 

Statement on Auditing Standards No. 104 – No. 111 Risk Assessment Standards. The AICPA’s Auditing Standards Board has issued eight Statements on Auditing Standards on the assessment of risk in a financial statement audit effective for audits of financial statements for periods beginning on or after December 15, 2006. This presentation will address the standards and guidance in these Statements concerning the auditor’s assessment of the risk and the design and performance of audit procedures. Presented by Battelle & Battelle, LLP.

Nonprofit Governance. Nonprofit organization governance is coming under ever-increasing scrutiny as Congress, the IRS and the Ohio Attorney General have focused on their activities with a particular interest in conflict of interest policies and compensation practices as well as overall transparency and accountability. This presentation will address recent nonprofit governance developments and emerging current best practices for the governance of nonprofit organizations. Presented by Ron Christian, Taft Stettinius & Hollister, LLP.

Limiting Exposure through Risk Transfer Techniques. From a risk standpoint, nonprofit organizations are generally held to the same degree of responsibility, and therefore, potential liability, as other businesses. This presentation will address nonprofit exposures, such as directors and officers liability, employment practices liability, cyber liability and special events liability, and will discuss the latest risk transfer techniques. Presented by Marc Reynolds and Jeff Lightner, Brower Insurance Agency, LLC.

Panel Discussion: Successful Funding Strategies in Challenging Times. Our changing local fundraising environment calls for new strategies to ensure the success of our nonprofit sector. Our panelists will share their thoughts and perspectives on the changing landscape and the positive impact of new approaches. Moderated by Lisa Wiseman, Taft Stettinius & Hollister LLP. 

Panelists include:

• Pam Bruns, Director of Development, Dayton Philharmonic Orchestra
• Tom DeRoss, Senior Vice President, Foundation & Endowment Services, Fifth Third Bank of Western Ohio
• Dave McElwee, Senior Development Officer, Kettering Medical Center Foundation
• Phil Parker, President and CEO, Dayton Area Chamber of Commerce
• Mike Parks, President, The Dayton Foundation

As always, we will be informative and succinct.  A downloadable registration form is available for your convenience.  We look forward to seeing you there.