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Foundation leaders convene at 39th Salk Tax and Management Seminar

Tax seminar attendees dine al fresco at the beautiful Lodge at Torrey Pines.

Building on almost four decades of success, the Institute's 39th annual Tax and Management Seminar, held May 11-13, drew scores of prominent representatives from national and international foundations to the Salk campus for three days of presentations and discussions by authorities in foundation tax law and prominent leaders in foundation management. World-renowned philanthropist Bill Gates, Sr., co-chair of the Bill & Melinda Gates Foundation, delivered the keynote address.

Chaired by Edwin K. Hunter, an attorney with the firm of Hunter, Hunter & Sonnier (LLC) in Lake Charles, LA, and a trustee of the Joe W. and Dorothy Dorsett Brown Foundation, among others, the seminar featured two separate tracks of presentations by distinguished experts in their fields. Hunter led the tax track, while V alerie Jacobs, founder of Valerie Jacobs Consulting, led the trustee management and governance track. Introduced at the 2010 seminar, this second track was so well received that it was again incorporated into this year's event.

"The Salk Institute tax seminar has proven to be a great resource that provides a wealth of pertinent and timely information about the applicable tax rules and regulations affecting foundations," says Seth Schechter, Salk's senior director of foundation relations. "It enhances the power of philanthropy by providing donors, trustees and professionals with peer learning opportunities, along with a chance to ask questions of top tax authorities."

Launched in 1972, the tax seminar attracts attorneys from the nation's top law firms and leading consultants from many U.S. foundations and nonprofit organizations, large and small, including the Leona H. and Harry B. Helmsley Charitable Trust, the Bill & Melinda Gates Foundation, the Henry L. Guenther Foundation, the H.A. and Mary K. Chapman Charitable Foundations, and the H. N. and Frances C. Berger Foundation, to name just a few.