Seyfarth Events

Optimizing the Nonprofit Budget


New York

Seyfarth Shaw LLP
The New York Times Building
620 Eighth Avenue, 32nd Floor
New York, NY 10018
(212) 218-5500

In today's challenging economic environment, optimization of a nonprofit's budget is more critical than ever. Nonprofits need to look closely at the key areas that impact their financial well-being. Some of these areas require specialized subject matter knowledge to avoid costly mistakes and maximize funding. Working with the right external resources can save both time and scarce funding dollars.

Please join Seyfarth Shaw LLP for a breakfast presentation on the following areas:

Maximizing Your Retirement Plan (403b)
Understanding the many vehicles available to tax exempt employees and implementing the IRC requirements mandatory by 1/1/09.

  • Establishing a plan
  • Data Sharing - Best Practices
  • Vendor Reduction Issues
  • News from the Hill on developments for benefit plans of tax exempt entities

Understanding Your Fiduciary Responsibilities
Addressing fiduciary responsibilities related to sponsoring employee benefit plans and preserving funds set aside for retirement by negotiating reasonable vendor fees.

  • Current vendor fee regulatory and legislative environment
  • ERISA fiduciary duties or state fiduciary laws
  • Are you a fiduciary? Are your employees fiduciaries?
  • Are you responsible for appointing or monitoring fiduciaries?
  • Service provider fee disclosure requirements
  • 403(b) litigation

Simplifying Grant Administration
Restricted (e.g. government) funding is often a critical portion of a nonprofit's budget. A fiscal agent can help with compliance requirements and financial reporting that often distract from program work.

  • What is a fiscal agent and how can they help?
  • Why is a fiscal agent sometimes not considered?
  • Are you a good fit for a fiscal agent?
  • Brief summary of GrantsPlus services


8:00 a.m. to 8:30 a.m. - Registration and Breakfast
8:30 a.m. to 10:00 a.m. - Program

New York CLE:

1.5 Credits

There is no cost to attend this event


Candace Quinn, Esq., Seyfarth Shaw LLP
Jose Martin Jara, Seyfarth Shaw LLP
Jan De Deka, Research Foundation CUNY/GrantsPlus
Janet Polli, Research Foundation CUNY/GrantsPlus


If you have any questions, please contact Courtney Eddings at (212) 218-3352 or