Nancy E. McGlamery
Principal
Principal
Ms. McGlamery's clients include public charities, private foundations, grantmakers, nonprofit service providers, individual and corporate donors, nonprofit advocacy groups, and others. Her practice emphasizes corporate governance and federal and state tax law matters unique to nonprofit and tax-exempt organizations.
Ms. McGlamery served for many years as Secretary of the Nonprofit Organizations Committee of the Business Law Section of the State Bar of California. She is a member of the Exempt Organizations Committee, Tax Law Section, American Bar Association, and the Bar Association of San Francisco.
Ms. McGlamery has served as an adjunct faculty member in the Masters of Nonprofit Management program at the University of San Francisco, and frequently lectures for nonprofit professionals and legal advisors on tax and corporate governance issues affecting the sector.
Ms. McGlamery is a member of the bar in the states of California and New York.
Before joining Adler & Colvin, Ms. McGlamery practiced in the tax department of Paul, Weiss, Rifkind, Wharton & Garrison LLP in New York City, where her practice focused primarily upon the tax aspects of foreign and domestic business acquisitions, reorganizations, and financing transactions.
9:00 a.m. PT
Speaker: Nancy E. McGlamery, Chair
Co-Presenters:
Nancy McGlamery, Adler & Colvin
Joel Levenson, University of Central Florida
Ann Batle, Morgan, Lewis & Bockius LLP
Moderator: Tracy Paglia, Moss Adams
12:00 p.m. – 1:00 p.m. ET
Washington, D.C.
Self-dealing always seems to catch people by surprise. The rules are often not intuitive and have remained relatively unchanged for 60 years. Join us as we discuss common self-dealing issues that arise in family offices and strategies that every office should put in place to safeguard everyone involved.
3:45 p.m. – 5:00 p.m. PT
Co-Presenter: Susan Dawson, The Parker Foundation, General Counsel
Seattle, Washington
Explore existing guidance on co-investment provided by existing private letter rulings. What appears to be allowable, and what could be problematic for the disqualified persons involved in co-investment transactions. What policies and procedures are leading practices in safeguarding foundations and management from excess business holding excise taxes. When self-dealing becomes a concern for disqualified persons and management in the co-investment model. A closer look at unrelated business income in the siloing of business losses era and how the analysis is distinct from the excess business holding analysis.
Co-Presenter: Jennifer Becker Harris, CPA, MST, Clark Nuber
3:55 p.m. ET
Washington, D.C.
Unrelated Trade or Business Activities of 501(c)(3) Borrowers. In the context of tax-exempt bonds, unrelated trade or business (Section 513) activities result in private business use. Panelists during this session will discuss, among other points, the context for giving and receiving a Section 513 opinion in connection with qualified 501(c)(3) bonds, the sources counsel may rely on in determining whether an entity is operating in furtherance of its exempt purposes, how to evaluate leasing activities, and the Section 513 (and, consequently, the private business use) considerations of other common activities of exempt organization borrowers.
Panelists: Carol L. Lew, Stradling Yocca Carlson & Rauth; Nancy E. McGlamery, Adler & Colvin; Andrew P. Rubin, Greenberg Traurig, LLP
This session will provide a historical look at partnerships investments, beginning with Plumsted Theater and moving through recent court cases and the current IRS work plan to gain a perspective on where we have been, where we are today, where there is clear guidance, where additional guidance is needed, and where private foundation are needing to document their filing positions.
10:40 a.m. – 11:30 a.m. PT
Co-Panelists: Jane Searing, CPA | Nancy McGlamery, J.D.
Presented by the TEGE Exempt Organizations Council, in cooperation with D.C. Bar Continuing Legal Education and The Greater Washington Society of CPAs.
Moderator: Nancy McGlamery, Adler & Colvin
Co-Panelists: Michael Durham, Kirton McConkie PC; Marc Owens, Loeb & Loeb, LLP; and Tracy Paglia, Moss Adams
9:10 a.m. – 10:40 a.m. PT / 12:10 p.m. – 1:40 p.m. ET
Withholding can be a trap for unwary U.S. funders of foreign charitable activities. Even funders who are cognizant of the basic requirements of Section 1441 may struggle to understand when those rules apply to their support of foreign activities, which exceptions may be available in their specific circumstances, and what reporting obligations may attach. This panel will review the current state of federal withholding rules relevant to U.S. philanthropy and explore techniques and common practices that U.S. funders use to manage these obligations.
1:30 p.m. – 2:45 p.m. PT
Increasing the Tools in the Charitable Toolbox to Accomplish Your Charitable Mission | 12:55 p.m. – 2:10 p.m.
Co-presenters: Jane Searing, Deloitte Tax LLP | Nancy McGlamery, Adler & Colvin
Thu 10/27 || 3:00 – 4:15 pm ( 75 minutes) || Breakout Sessions Block 2
Project Spin-outs and Off-Boarding: Opportunities and Danger Zones: Nancy McGlamery, Adler & Colvin
If you have any questions about breakout sessions or anything else about the event, please email fiscalsponsors (at) gmail.com.
“Ask an Expert” is an opportunity for forum attendees to meet one-on-one with a legal professional to discuss and gain valuable insight on issues pertinent to the management of their organization(s). Ms. Nancy E. McGlamery, Principal at Adler & Colvin, will be available for individual “Ask an Expert” sessions on Thursday, 10/20, and Friday, 10/21 at the National Forum. Register for the “Ask an Expert” meeting (20 mins) – attendance is limited. Please note that Ms. McGlamery can help you understand the laws, but cannot provide legal advice for specific situations.
Session: ESG and DEI Investing
Nancy E. McGlamery, Adler & Colvin – San Francisco, CA
Abigail Pohlman, Goldman Sachs, New York, NY
Panelists: Ofer Lion, Seyfarth Chaw LLP; Brian Yacker, Baker Tilly; Nancy McGlamery, Adler & Colvin
Participants/Topics:
Matt Clausen, Alder & Colvin – Charitable Giving
Susan Sheffler, Alder & Colvin – Fundamentals of Public Charities and Private Foundations
Eric Gorovitz, Alder & Colvin – Nonprofit Advocacy
Nancy E. McGlamery, Alder & Colvin – Unrelated Business Taxable Income
Presented by: Vincent Stevens, Clark Nuber and Nancy McGlamery, Adler & Colvin
Moderator: Nancy McGlamery, Adler & Colvin
Panelists: Susan Dawson, Sean N. Parker Foundation; Emmeline Babb, Hillspire LLC
Co-panelist: Nancy McGlamery and Eve Borenstein
Washington, DC
Moderator: Nancy E. McGlamery
Co-panelist: Monika Bauerlein, Mother Jones and Foundation for National Progress
Co-panelist: Kimberly Eney, Latham & Watkins
Co-panelist: Richard Fox, Buchanan, Ingersoll & Rooney PC
Washington, DC
Oakland, CA
Fiscal Sponsorship and the Minnesota Nonprofit LLC
Minneapolis, MN
