Navigating Health Care Philanthropy: Funds, Names, and Restrictions

The ever evolving trend of benefactor recognition continues to grow as more health systems and hospitals increasingly rely on philanthropic dollars to grow and to fund specific growth initiatives. But recognition can obligate a health system for the life of a building or even into perpetuity. What are these obligations? What if later facts require the health system to make a change? How do these obligations come into play with M&A?

Members from Foley’s Health Care & Life Sciences Sector and Providers of Health Care Services Area of Focus invite you to join us for a discussion on these burning questions and what we expect to see in the upcoming years. 

Kevin Melvin of Mayo Clinic will join Foley partner Jason Kohout and associate Emmaline Jurgena to address the following:

1. What is donor recognition and donor fund restrictions;
2. Trends in donor recognition;
3. Pitfalls in granting donor recognition and ways to mitigate these risks; and
4. Donor recognition and restricted gifts in health care M&A.

Click here to view the recording.

CLE

Applications for accreditation will be submitted to CO, FL, NY, and WI for up to 1.0 credit hours (50-minute hour) and CA, IL, TX, UT, and VA for up to 1.0 credits hours (60-minute hour). Uniform Certificates of Attendance will be provided to attendees seeking credit in other jurisdictions.
 
Foley & Lardner LLP is an approved MCLE provider in California, Colorado, Illinois, New York, Texas, and Utah.
 
For purposes of New York CLE credit, this program is appropriate for newly admitted and experienced attorneys. Certificates of attendance will be distributed to eligible participants approximately eight weeks after the program via email.