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News & Press: Announcements

MA AGO Guidance on Endowments for Charities Facing Financial Challenges Due to COVID-19

Thursday, April 30, 2020  
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Dear PGGNE Members,

 

On April 28, 2020, the Non-Profit Organization/Public Charities Division of the Massachusetts Attorney General’s Office issued new guidance on endowments for charities during this time of COVID-19. We feel this guidance is valuable to many members, and wanted to share it with you.

 

Massachusetts Attorney General Guidance on Endowments for Charities Facing Financial Challenges Due to COVID-19

https://www.mass.gov/doc/ago-endowment-guidance/download

 

In addition, our own board member, Brad Bedingfield, has written a helpful alert and summary of the AGO guidance, https://hembar.com/uploads/1280/doc/New_Attorney_General_Guidance_on_Endowments.pdf.

 

As always, we want to make sure members have access to timely education. If you have not yet registered for our May 8th Virtual Monthly and Annual Meeting, where Lisa Alvezi from Gravyty, Inc will be discussing Fundraising During a Crisis, we encourage you to register no later than May 7th.

 

Thank you,

PGGNE Board of Directors


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