|
Uniform Prudent Management Of Institutional Funds Act
The Uniform Prudent Management of Institutional Funds Act (UPMIFA) is a uniform act that provides guidance on investment decisions and endowment expenditures for nonprofit and charitable organizations. As of 2012 UPMIFA is the law in 49 states, the District of Columbia and the U.S. Virgin Islands. Neither Pennsylvania nor Puerto Rico has adopted UPMIFA. The major change in UPMIFA compared to the previous model law (the Uniform Management of Institutional Funds Act) is that it replaces a requirement that nonprofits cannot spend below the original value of contributions or "historic dollar value" (HDV) with a new requirement that their investing and spending will be at a rate that will preserve the purchasing power of the principal over the long term. The act also enshrines a "charitable purpose doctrine" into law, noting that investors must consider an investment's relationship with their broader social mission. History Predecessor The predecessor to UPMIFA, called the Uniform Man ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uniform Act
In the United States, a uniform act is a proposed state law drafted and approved by the Uniform Law Commission (ULC), also known as the National Conference of Commissioners on Uniform State Laws (NCCUSL). Federalism in the United States traditionally limits the legislative authority of the federal government in favor of the states. Specifically, the Tenth Amendment of the United States Constitution states that "powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people". Therefore, state governments are free to enact unique laws in any area beyond the purview of federal preemption. Under the doctrine of ''Erie Railroad Co. v. Tompkins'' (1938), federal courts cannot dictate law to states on pure issues of state common law (i.e., almost all of contract, tort, and family law). However, a variety of legal issues regularly transcend state lines, which makes a predictable and relative ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
District Of Columbia
) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, National Cathedral , image_flag = Flag of the District of Columbia.svg , image_seal = Seal of the District of Columbia.svg , nickname = D.C., The District , image_map = , map_caption = Interactive map of Washington, D.C. , coordinates = , subdivision_type = Country , subdivision_name = , established_title = Residence Act , established_date = 1790 , named_for = George Washington, Christopher Columbus , established_title1 = Organized , established_date1 = 1801 , established_title2 = Consolidated , established_date2 = 1871 , established_title3 = Home Rule Act , ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pennsylvania
Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, Maryland to its south, West Virginia to its southwest, Ohio to its west, Lake Erie and the Canadian province of Ontario to its northwest, New York to its north, and the Delaware River and New Jersey to its east. Pennsylvania is the fifth-most populous state in the nation with over 13 million residents as of 2020. It is the 33rd-largest state by area and ranks ninth among all states in population density. The southeastern Delaware Valley metropolitan area comprises and surrounds Philadelphia, the state's largest and nation's sixth most populous city. Another 2.37 million reside in Greater Pittsburgh in the southwest, centered around Pittsburgh, the state's second-largest and Western Pennsylvania's largest city. The state's su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uniform Management Of Institutional Funds Act
A uniform is a variety of clothing worn by members of an organization while participating in that organization's activity. Modern uniforms are most often worn by armed forces and paramilitary organizations such as police, emergency services, security guards, in some workplaces and schools and by inmates in prisons. In some countries, some other officials also wear uniforms in their duties; such is the case of the Commissioned Corps of the United States Public Health Service or the French prefects. For some organizations, such as police, it may be illegal for non members to wear the uniform. Etymology From the Latin ''unus'', one, and ''forma'', form. Corporate and work uniforms Workers sometimes wear uniforms or corporate clothing of one nature or another. Workers required to wear a uniform may include retail workers, bank and post-office workers, public-security and health-care workers, blue-collar employees, personal trainers in health clubs, instructors in summer cam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Conference Of Commissioners On Uniform State Laws
The Uniform Law Commission (ULC), also called the National Conference of Commissioners on Uniform State Laws, is a non-profit, American unincorporated association. Established in 1892, the ULC aims to provide U.S. states (plus the District of Columbia, Puerto Rico, and the U.S. Virgin Islands) with well-researched and drafted model acts to bring clarity and stability to critical areas of statutory law across jurisdictions. The ULC promotes enactment of uniform acts in areas of state law where uniformity is desirable and practical. The ULC headquarters are in Chicago, Illinois. The ULC consists of approximately 350 commissioners appointed by each U.S. state, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. All of its members are lawyers, who may also serve as legislators, judges, or legal scholars. Each is appointed to the Commission by the government of their respective state or territory. Every ULC commissioner must be an attorney. Each jurisdiction determin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Donor Intent
A donor in general is a person, organization or government which donates something voluntarily. The term is usually used to represent a form of pure altruism, but is sometimes used when the payment for a service is recognized by all parties as representing less than the value of the donation and that the motivation is altruistic. In business law a ''donor'' is someone who is giving the gift (law), and a ''donee'' the person receiving the gift. More broadly, the term is used to refer to any entity that serves as the source of something transferred to a different entity, including - in scientific fields - the source of matter or energy passed from one object to another. The Online Etymology Dictionary traces the English-language word "donor" back to the mid-15th century, with origins in Anglo-French, Old French, Latin and Proto-Indo-European. In science Often the word is used as a shorter term for: * Blood donor * Donor (semiconductors) * Egg donor * Electron donor — (by a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Paterson
David Alexander Paterson (born May 20, 1954) is an American politician and attorney who served as the 55th governor of New York, succeeding Eliot Spitzer and serving out nearly three years of Spitzer's term from March 2008 to December 2010. A member of the Democratic Party, he is the first legally blind person to be sworn in as governor of a U.S. state, and is the first African American governor of New York. Following his graduation from Hofstra Law School, Paterson worked in the District Attorney's office of Queens County, New York, and on the staff of Manhattan borough president David Dinkins. In 1985, he was elected to the New York State Senate to a seat once held by his father, former New York secretary of state Basil Paterson. In 2003, he rose to the position of Senate minority leader. Paterson was selected to be the running mate of Democratic gubernatorial nominee Eliot Spitzer in the 2006 New York gubernatorial election. Spitzer and Paterson were elected with 65% ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Association Of Governing Boards Of Universities And Colleges
The Association of Governing Boards of Universities and Colleges (AGB) is an organization focused on empowering college, university, and foundation boards to govern with knowledge and confidence. AGB provides leadership and counsel to member boards, chief executives, organizational staff, policymakers, and other key industry leaders to help navigate the changing education landscape. According to Gale Business Insights, the organization, "addresses the problems and responsibilities of trusteeship in all sectors of higher education and the relationships of trustees and regents to the president, the faculty, and the student body." References External links * {{DEFAULTSORT:Association of Governing Boards of Universities and Colleges Educational organizations based in the United States University governance 501(c)(3) organizations 1921 establishments in the United States ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York University
New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then-Secretary of the Treasury Albert Gallatin. In 1832, the non-denominational all-male institution began its first classes near City Hall based on a curriculum focused on a secular education. The university moved in 1833 and has maintained its main campus in Greenwich Village surrounding Washington Square Park. Since then, the university has added an engineering school in Brooklyn's MetroTech Center and graduate schools throughout Manhattan. NYU has become the largest private university in the United States by enrollment, with a total of 51,848 enrolled students, including 26,733 undergraduate students and 25,115 graduate students, in 2019. NYU also receives the most applications of any private institution in the United States and admission is considered highly selective. NYU is organized int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bevis Longstreth
Bevis Longstreth is a retired lawyer and former Commissioner of the United States Securities and Exchange Commission (SEC). He practiced law as a partner at Debevoise & Plimpton, and taught on the faculty of Columbia Law School. His legal scholarship has informed much of the modern understanding of fiduciary duty in the context of institutional investors. He is also a writer, having authored three historical novels, two set in Ancient Persia and one set in the United States during the 1930s. He sits on the board of a number institutions in education, the arts, and the financial world. SEC Commissioner Bevis Longstreth was the 60th Commissioner of the SEC, appointed twice by President Ronald Reagan. He served from 1981 to 1984. For over two decades, Longstreth was a partner in the New York-based law firm of Debevoise & Plimpton, where he spent all of his career as a lawyer, both before and after servicing as SEC commissioner. From 1994 to 1999, Longstreth was an adjunct profess ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boston College
Boston College (BC) is a private Jesuit research university in Chestnut Hill, Massachusetts. Founded in 1863, the university has more than 9,300 full-time undergraduates and nearly 5,000 graduate students. Although Boston College is classified as an R1 research university, it still uses the word "college" in its name to reflect its historical position as a small liberal arts college. Its main campus is a historic district and features some of the earliest examples of collegiate gothic architecture in North America. In accordance with its Jesuit heritage, the university offers a liberal arts curriculum with a distinct emphasis on formative education and service to others. Boston College is ranked among the top universities in the United States and undergraduate admission is highly selective. The university offers bachelor's degrees, master's degrees, and doctoral degrees through its eight colleges and schools: Morrissey College of Arts & Sciences, Carroll School of Manage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maura Healey
Maura Tracy Healey (born February 8, 1971) is an American politician and lawyer serving as the Massachusetts Attorney General since January 2015. She is the governor-elect of Massachusetts, having won the 2022 Massachusetts gubernatorial election on November 8, 2022. She is a member of the Democratic Party. Hired by Massachusetts Attorney General Martha Coakley in 2007, Healey served as chief of the Civil Rights Division, where she spearheaded the state's challenge to the federal Defense of Marriage Act. She was then appointed chief of the Public Protection and Advocacy Bureau and then chief of the Business and Labor Bureau before resigning in 2013 to run for attorney general in 2014. She defeated former State Senator Warren Tolman in the Democratic primary and then defeated Republican attorney John Miller in the general election. Healey was reelected in 2018. Upon taking office, she became the first openly lesbian woman and first openly LGBT person elected attorney general ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> New York University")
