Those charged with management and investments of a private foundation need to understand the definitions of disqualified persons and track who is in this category. Whether the disqualified person is an individual or an entity, there are certain prohibitions on direct and indirect acts of self-dealing as well as investment activities. This session will cover practices employed by foundations and their advisors.
Identify and track disqualified persons
Employ safeguards to avoid inadvertent acts of self-dealing and excess business holdings
Director of Finance - Global Controller,
Bill & Melinda Gates Foundation