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Quarterly Nonprofit N.O.W.

ID : 8019   
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The Academy for Nonprofit Excellence gives you an opportunity with Nonprofit N.O.W. (Networking on Wednesday) to network with like-minded professionals while checking out new resources and latest trends in the nonprofit realm. Enjoy breakfast and a brief informational presentation from William L. Nusbaum, Esq., Williams Mullen, and Jean M. Galliano, Senior Vice President and Commercial Market Executive, Fulton Bank on "Financing Capital Projects for Nonprofits using Tax-Exempt Bonds"

 As our region’s economy continues to strengthen, many nonprofits recognize that the time may be right to embark on a capital project.  For larger capital projects for 501(c)(3) organizations, tax-exempt bonds can deliver a lower interest rate and, as a result, lower debt service costs, which can in turn make more projects feasible, or allow their scope to be expanded.  In this program, Bill Nusbaum, a tax-exempt bond lawyer since 1980, will discuss (a) what a tax-exempt bond is, (b) when using a tax-exempt bond makes sense, (c) how your 501(c)(3) organization can obtain tax-exempt bond financing, (d) the tax-exempt bond rules with which your nonprofit will have to comply, and (e) how to get the most benefit from your financing by making it a “bank-qualified” tax-exempt bond issue.  Jean Galliano will bring a commercial banker’s perspective to the discussion, explaining how banks generally, and Fulton Bank in particular, underwrites the purchase of a nonprofit’s tax-exempt bond, and some of the other ways that a bank can help guide and support a nonprofit customer.  Ample time will be allowed for Q&A. 

 

Class Details

1 Sessions
Weekly - Wed

Location
S.T.I.R. Municipal Center Bldg. 21

Instructor
WD Staff 

Tuition: 

$10.00


Registration Closes On
Thursday, February 14, 2019 @ 12:00 AM

Schedule Information

Date(s) Class Days Times Location Instructor(s)
2/13/2019 - 2/13/2019 Weekly - Wed 8:30 AM - 11:00 AM Virginia beach, S.T.I.R. Municipal Center Bldg. 21  Map WD Staff