Audience: WRAG member/prospective member CFOs and finance staff
WRAG Members (free): Please register online. If you do not yet have a log-in, you can request a password here.
Non-members ($50): Please email Katy Moore, moore(at)washingtongrantmakers.org, to verify eligibility.
The vast majority of U.S. grantmaking foundations are required by law to distribute 5 percent of their investment assets annually for charitable purposes. While this requirement is commonly known, it is often not well understood.
Join your fellow foundation finance officers as Chris Peterman, partner at O’Connor Davies and Co-Partner-in-Charge for the firm’s Private Foundation Practice, addresses topics such as: What constitutes payout? How is the payout rate calculated? And, why do foundation payout rates differ?