LK Education Bulletin

Chuck Cagle, Lewis King's Education Practice Leader announced to School Directors across Tennessee an upcoming presentation on Tennessee's new School Support Organization Financial Accountability Act including recent Amendments passed by the Governor in June 2008.

This 30 minute event which will include a 20 minute slide presentation with 10 minutes for questions will be conducted over the internet using WebEx.

Key points that will be discussed will include, among others, the following:

§ Amendments including clarification that School Support Organizations do not need to be organized as an IRS 501(c)(3) entity

§ Will need to file annual state fund raising activity reports

§ Enhanced internal record keeping

§ Effective date for full compliance July 1, 2008

This presentation will be offered at 11:00 CST (12:00 EST) on MWF July 14^th,16^th and 18^th.

At Lewis King we are committed to our local communities and are pleased to offer what we believe will be an informative and helpful sharing of information relevant to this new act.