Focusing on Foundations and NGOs: International Corruption Concerns
Friday, May 21 04:00 AM GMT to 04:00 AM GMT
Through grants, donations and partnerships with local nongovernmental organizations, foundations around the world provide a critical source of funding for public-interest projects in developing countries. These projects range from disaster relief efforts (as recently seen in Haiti) to small-enterprise start-up support to long-term initiatives in fields such as public health and education. Foundations have an obvious interest in ensuring that the dollars they donate are spent as intended and do not end up in the pockets of corrupt individuals. Moreover, given the recent dramatic increase in prosecutions by the U.S. government for violations of the Foreign Corrupt Practices Act ("FCPA"), foundations engaging in overseas relief or development efforts need to ensure that their personnel do not run afoul of the anti-bribery prohibitions of the FCPA.
Together, Paul Hastings and PricewaterhouseCoopers are hosting this two-hour complimentary forum for foundation representatives to discuss these issues and possible measures that foundations can take to protect their interests when engaging in overseas charitable efforts. We hope you will be able to join us for this informative session.
Key topics will include:
• An overview of the FCPA and its applicability to foundations• Common corruption "red flags" and how to spot them• Advice for monitoring and auditing the use of donated funds by grant recipients• Advice regarding anti-corruption compliance programs
Guest speakers will include:
Joe FarinellaU.S. Agency for International Development, Office of Inspector General (OIG)
Manny A. AlasGlobal FCPA Co-LeaderPricewaterhouse Coopers LLP
Timothy L. DickinsonPartnerPaul Hastings, Washington, DC
DATEThursday, May 20, 2010
TIME8:30 am - 10:30 am
LOCATIONPaul Hastings875 15th Street, N.W.Washington, DC 20005
Please RSVP by May 18 to Melanie Peterson at email@example.com or 202-551-1299.
Please feel free to bring a colleague to this event or forward this invitation to a colleague with interest in this topic.