The Knowledge Group
The Knowledge Group

Barry C. Hawkins, Partner, Chair, UPMIFA Drafting Committee, Shipman & Goodwin, LLP to Speak at KC’s Event on FSP FAS 117-1 on 11/14/2008

New York, NY, September 17, 2008 --( The Knowledge Congress, the leading producer of regulatory focused webinars announced today that Barry C. Hawkins, Partner, Chair, UPMIFA Drafting Committee of Shipman & Goodwin, LLP will speak at the Knowledge Congress’ upcoming webinar entitled: “FSP FAS 117-1: Net Asset Classification and Enhanced Disclosures for All Endowment Funds”. This 2-hour event is scheduled on November 14th, 2008, Friday, at 1:00 PM - 3:00 PM ET. (For further details of the event and an updated list of panelists, please visit:

Recently, The Financial Accounting Standards Board issued final guidance for non-profit organizations addressing the net classification of donor restricted endowment funds for organizations that fall under the 2006 Uniform Prudent Management of Institutional Funds Act (UPMIFA). The new guidance is going to require broad and extensive new disclosures about the organization's endowment funds. FSP FAS 117-1 will cover all organizations with donor restricted and board designated endowment funds. All organizations that fall under these guidelines, and their auditors, should have a critical understanding of this new guidance.

The Knowledge Congress is assembling a panel of distinguished professionals to help you understand FSP FAS 117-1 and its impact on your organization/clients. The speakers will present their expert opinions in a two-hour LIVE webinar.

About Barry C. Hawkins

Barry C. Hawkins is a partner in Shipman & Goodwin LLP’s Stamford office. Barry is a member of the Real Estate and Litigation practices. He received his B.A., with honors, from Bowdoin College and his J.D. from the University of Virginia School of Law. Barry is the author of numerous papers on real estate issues and has taught and lectured extensively on real estate, environmental issues, and alternative dispute resolution. Since 1983, Barry has been active in the American College of Real Estate Lawyers, and served three years on its national Board and as chair of its Alternative Dispute Resolution Committee. He is a National Uniform Law Commissioner for the State of Connecticut and a member of the National Conference of Commissioners on Uniform State Laws (NCCUSL). Barry is currently Chairman of the national drafting committee for the Uniform Prudent Management of Institutional Funds Act and the national enactment coordinator for the Uniform Assignment of Rents Act.

About Shipman & Goodwin LLP

Shipman & Goodwin represents many of the leading businesses, institutions, individuals, and government entities in Connecticut and throughout the New England and the Mid-Atlantic regions.

With nearly 150 lawyers practicing from offices in Hartford, Stamford, Greenwich and Lakeville, Connecticut, Shipman & Goodwin is recognized for its depth of knowledge and experience in a number of industry sectors, including education, government, financial services, health care, non-profit organizations, emerging and middle market companies, real estate development, energy and telecommunications, franchising, retail, and software and IT.

For more information about Barry C. Hawkins, and Shipman & Goodwin, please visit:

About The Knowledge Congress

The Knowledge Congress is an organization that produces webinars that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour Live webinars to study the impact of changing regulations.” To contact or to register for an event, please visit:

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