Recent legislative and regulatory changes make this year’s seminar especially relevant, so it’s time to get caught up on the new rules, including new rules on Form 990 and Act 174 relating to charitable trusts and nonprofit organizations. Experts will guide attendees through the tricky maze of tax-exempt compliance and review the categories and governing instruments for tax-exempt organizations. They will also update attendees on new laws, which protect a nonprofit organization’s status, the audit accounting standard, the use of tax-exempt entities, and strategies for maintaining tax-exempt status.
Virtual 18th Annual Nonprofit Organizations Seminar
Tuesday, August 10, 2021 and Thursday, August 12, 2021
8:00am-12:30pm
Registration Fee: $50 for both days
If you would like to register for CPE credits, there is a $50 processing fee.
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Virtual 18th Annual Nonprofit Organizations Seminar: TBA
Virtual 17th Annual Nonprofit Organizations Seminar Schedule:
8–8:15 AM: Welcome
8:15–9:15 AM: IRS Federal Tax Update – Trever K. Asam
9:15–10:05 AM: Hawaii Legislative Update – Tom Yamachika
10:05–10:15 AM: Break
10:15–11:05 AM: GET/UBIT – Julie Layugan
11:05–11:55 AM: Board Governance and Responsibility – Wayne Tana
11:55 AM–12:30 PM: Lunch
12:30–1:20 PM: Quantifying Success – Tom Kelly
1:20–1:30 PM: Break
1:30–2:20 PM: Social Media and Communication – Tiffany Kiyabu
2:20–2:30 PM: Break
2:30–3:20 PM: Governance Ethics – Linda Axtell-Thompson
3:20–3:30 PM: Break
3:30–4:20 PM: Nonprofit Investment Strategies – Matthew McConnell
4:20 PM: Adjournment
Trever K. Asam
Presentation: IRS Federal Tax Update
This presentation will focus on recent developments for tax-exempt and nonprofit organizations including legislation, court rulings, and administrative developments.
Trever K. Asam is a partner at Cades Schutte. He advises nonprofit and tax-exempt organizations on issues including obtaining tax exemption, addressing unrelated business income, and using joint ventures and subsidiary organizations. He also represents taxpayers in tax controversies and disputes with IRS and the Hawaii State Department of Taxation including audits, appeals, and litigation.
He is a regular speaker on Hawaii State taxation and the taxation of nonprofit organizations. Prior to joining Cades Schutte, Mr. Asam was in private practice at Miller & Chevalier in Washington, D.C.
While at Duke University School of Law, Mr. Asam was the recipient of the Douglas A. Poe Mordecai Scholarship and an editor for the Journal of Law and Contemporary Problems. Before beginning his legal career, Mr. Asam was a teacher in the District of Columbia Public Schools.
For additional information on Mr. Asam, please visit http://www.cades.com/attorneys/asam-trever-k/
Tom Yamachika
Presentation: Application of New Tax Laws to Nonprofits and How to Respond
Tom Yamachika is the President of the Tax Foundation of Hawaii, a private, nonprofit educational organization dedicated to informing the taxpaying public about the finances of our state and local governments in Hawaii. This means the Foundation looks at how government raises the money it spends, be it taxes, user fees, or borrowing money through the use of debt. While most of the Foundation’s attention is focused on state government, it also keeps a watchful eye on county governments as they annually set real property tax rates in order to fund their respective budgets.
Tom received his Juris Doctor degree from the University of California at Berkeley, where he was a Note and Comment Editor of the California Law Review. He received his bachelor’s degree in Engineering and Applied Science from Yale College, where he was elected to Tau Beta Pi and Phi Beta Kappa, and graduated magna cum laude.
Tom is a tax attorney in solo practice since early 2013
Julie Layugan
Presentation: GET/UBIT
Julie Layugan is a tax supervisor at CW Associates, CPAs. She focuses on assisting nonprofit clients with the preparation of their respective tax returns. She has over 16 years of public accounting experience, including 12 years with CW Associates, CPAs, during which she has provided tax compliance and advisory services primarily to nonprofit organizations. Julie is a certified public accountant, licensed in the State of Hawaii. She has both a Master’s and Bachelor’s degrees in Accounting from the University of Hawaii.
Wayne M. Tanna, JD, LLM
Presentation: Board Governance and Responsibility
Wayne M. Tanna is a professor of accounting at Chaminade University in Honolulu, Hawaii. Wayne is a Sam Walton Fellow and a faculty advisor to Chaminade’s Business Ethics Student case study competition team. He is also the advisor to the Samoan Club at Chaminade.
Wayne has executive appointments to federal and state advisory committees including the IRS National Taxpayer Advocacy Panel, the Hawaii Advisory Committee to the United States Commission on Civil Rights and the Hawaii Taskforce on Financial Education and Asset Building.
Wayne has volunteered with Special Olympics for over 38 years and for the past 18 has been the powerlifting coach for the Ducks of Hawaii Special Olympics. He has also for the past 31 years served as a volunteer income tax preparer, instructor, and coordinator for the Internal Revenue Service’s Volunteer Income Tax Assistance ( VITA ) Program; Wayne has been a reading teacher for Project Literacy U.S. ( PLUS ); volunteer Guardian Ad Litem; and provider of pro bono legal services to individuals and nonprofit community organizations.
Wayne’s current law practice is in the areas of poverty law and civil rights and has been performed exclusively pro bono publico for the past 22 years. Wayne was awarded The President’s Volunteer Service Award, 2008, presented by the President’s Council on Service and Civic Participation. This national award recognizes exemplary volunteer service to the community and country.
Thomas Kelly, Jr.
Presentation: Quantifying Success
Tom Kelly joined the Hawaiʻi Community Foundation in 2012 as vice president for knowledge, evaluation and learning after 13 years managing evaluations at the Annie E. Casey Foundation in Baltimore. His work includes the building of internal and grantee evaluation and knowledge-building capacity, evaluation of policy advocacy and community capacity, and foundation performance and results measurement. At Hawai‘i Community Foundation he is focused on the use of evaluation and knowledge to increase nonprofit and philanthropy effectiveness and on strategic planning for the foundation. Tom is a former board member of Grantmakers for Effective Organizations and is a graduate of Harvard College and The George Washington University.
The Hawaii Community Foundation is a statewide charitable service and grantmaking foundation that provides stewardship for more than 900 funds. In 2018, HCF managed over $700 million in assets and awarded $61 million in grants and contracts including $4 million in scholarships to Hawai`i students.
Tiffany Kiyabu
Presentation: Social Media and Communication
Tiffany Kiyabu is Sacred Hearts Academy’s Director of Alumnae Affairs and Associate Admissions Director. She is responsible for the planning and implementation of programs and social media communication efforts and activities that strategically engage and create an interactive relationship with prospective families, alumnae, students, faculty and staff. Tiffany is a graduate of the Academy and has seventeen years’ combined experience in early childhood education, social media management, development, and admissions. She completed a Bachelor of Science from the University of Hawaii at Manoa.
Sacred Hearts Academy, Hawaii’s largest all-girls’ Catholic school, focuses on educating and empowering girls. The Academy’s girl-focused academic curriculum and unique extended-learning programs are tailored to how girls learn best. Each learning experience – whether in a classroom or on a stage or in a field – is intentionally structured to develop each student’s strengths and aspirations while fostering a culture of confidence and empowerment. Students and graduates inspire with a fierce determination to make the world better through their work and community contributions.
Linda Axtell-Thompson, DBE, MBA
Presentation: Governance Ethics
Linda Axtell-Thompson, DBE, MBA, has 30+ years professional experience in nonprofit management, including 25+ years in healthcare. Her particular areas of interest include ethical issues of aging, dementia, and end-of-life care, as well as the intersect of professional ethics and personal values.
She has served as an adjunct faculty in healthcare administration and nonprofit management at the Chaminade University of Honolulu, and health care administration and aging ethics with the University of Hawaii system. She is also Principal of Axtell Consulting LLC, which offers consulting and training services in ethics and strategy.
She has a Doctor of Bioethics degree (organizational ethics emphasis) from Loyola University Chicago, along with an MBA (nonprofit management emphasis) from Yale School of Management, and BA in Philosophy from University of Hawaii at Manoa.
Matthew McConnell
Presentation: Nonprofit Investment Strategies
Matthew McConnell is a financial advisor with Ho’ea – Wealth Advisory Group based in Honolulu, Hawaii. Matthew has 21 years of experience advising individuals and organizations who need guidance making financial decisions. He currently serves on multiple non-profit boards of directors and is committed to the idea of doing well by doing good.
Matthew received his Bachelor of Science degree from Boston College. He is a Certified Financial Planner Practitioner (CFP®) and an Accredited Portfolio Management AdvisorSM.
Phone: (808) 952-1231 Email: matthew.c.mcconnell@ampf.com
Due to COVID-19, QuickBooks workshop will not be offered.
Jean Creadick, JD
Vice President, Philanthropic Services, First Hawaiian Bank
Jean P. Creadick is a trust officer specializing in charitable trust services. She administers and manages private foundations, support organizations, and charitable split interest trusts on behalf of First Hawaiian Bank as Trustee or Co-Trustee, as well as agent. She is also a resource for nonprofits’ planned giving programs, and regularly speaks to Boards and Committees about planned giving.
Jean is a current Board Member of the Hawaii Gift Planning Council, where she is also a member of the Education and Membership Committees. She is Past President of the Hawaii Estate Planning Council (2017-18), and a member of the Hawaii State Bar Association, and its Probate and Tax Sections.
She graduated from Muir College at University of California at San Diego, with a B.A. in World Literature in three native languages, and later obtained her JD from University of San Diego School of Law. She practiced law in Hawaii over a 23 year period, before becoming a trust officer in 2008.
Linda Axtell-Thompson, DBE, MBA
Principal, Axtell Consulting LLC
Linda Axtell-Thompson, DBE, MBA, has 30+ years professional experience in nonprofit management, including 25+ years in healthcare. Her particular areas of interest include ethical issues of aging, dementia, and end-of-life care, as well as the intersect of professional ethics and personal values.
She has served as an adjunct faculty in healthcare administration and nonprofit management at the Chaminade University of Honolulu, and health care administration and aging ethics with the University of Hawaii system. She is also Principal of Axtell Consulting LLC, which offers consulting and training services in ethics and strategy.
She has a Doctor of Bioethics degree (organizational ethics emphasis) from Loyola University Chicago, along with an MBA (nonprofit management emphasis) from Yale School of Management, and BA in Philosophy from University of Hawaii at Manoa.
Richard Kido, MBA
Associate Professor of Accounting, School of Business and Communication, Chaminade University
An Associate Professor of Accounting at Chaminade University of Honolulu, Richard teaches a wide range of courses in accounting, both at the undergraduate and graduate levels and his research interests include non-profit accounting, service learning and experiential learning, and accounting education pedagogies. Professor Kido has served as a member of the Board of Regents for Chaminade University in an ex-officio capacity as part of his role as faculty senate president (2009) and was again elected to serve during the academic year 2018-2019. Richard serves as the academic advisor to accounting majors. An inspiration to his students, he was instrumental in Chaminade University receiving the Presidential Award for its service-learning program. In April 2017, he was awarded the International Excellence in Teaching Award by the International Assembly for Collegiate Business Education. In June 2015, Richard was honored as the Michael E. Fassiotto Scholar-In-Residence at New York University’s Faculty Resource Network.
Prior to his entering academia in 2002, he was involved in several management positions in private industry, including chief financial officer positions in the savings and loan, real estate development and hospitality industries for over 25 years. Richard has also operated his own firm for several years specializing in accounting and financial consulting. A graduate of Saint Louis High School in Honolulu, he received his Bachelor of Arts degree from Michigan State University and his Masters in Business Administration degree from the University of Hawaii at Manoa.
Richard has made presentations at numerous conferences, primarily on non-profit accounting and service-learning. Richard has been selected to participate in New York University’s Faculty Resource Network Scholars-in-Residence Program every June for the past 12 years. Richard is active in the Honolulu business community as a consultant and accounting practitioner and is a member of the board of several non-profit organizations.
Thomas Cabrinha, CPA
Wayne M. Tanna, JD, LL.M.
Professor of Accounting, School of Business and Communication, Chaminade University
Pre Law Advisor
Wayne M. Tanna is a professor of accounting at Chaminade University in Honolulu, Hawaii. Wayne is a Sam Walton Fellow and a faculty advisor to Chaminade’s Business Ethics Student case study competition team. He is also the advisor to the Samoan Club at Chaminade.
Wayne has executive appointments to federal and state advisory committees including the IRS National Taxpayer Advocacy Panel, the Hawaii Advisory Committee to the United States Commission on Civil Rights and the Hawaii Taskforce on Financial Education and Asset Building.
Wayne has volunteered with Special Olympics for over 38 years and for the past 18 has been the powerlifting coach for the Ducks of Hawaii Special Olympics. He has also for the past 31 years served as a volunteer income tax preparer, instructor, and coordinator for the Internal Revenue Service’s Volunteer Income Tax Assistance ( VITA ) Program; Wayne has been a reading teacher for Project Literacy U.S. ( PLUS ); volunteer Guardian Ad Litem; and provider of pro bono legal services to individuals and nonprofit community organizations.
Wayne’s current law practice is in the areas of poverty law and civil rights and has been performed exclusively pro bono publico for the past 22 years. Wayne was awarded The President’s Volunteer Service Award, 2008, presented by the President’s Council on Service and Civic Participation. This national award recognizes exemplary volunteer service to the community and country.
Scott J. Schroeder, PhD
Professor of Management in Residence, School of Business and Communication, Chaminade University
Head of School, Sacred Hearts Academy
Scott Schroeder, Ph.D. was the Dean of the School of Business and Communication from 2001-2008 and 2010-2019. He is currently the Head of School at Sacred Hearts Academy. He is also a professor of management at Chaminade University of Honolulu. Scott’s career has been lived as a management activist, dedicated to putting into practice management systems and approaches that bring out employees’ best work and eradicate employee abuse and exploitation in organizations.
His research focuses on individuals’ personal power and social influence at work, with a special interest in getting people the power they need to have personal and professional success in their careers. He most recently co-authored with Donald Gibson “Who Ought to be Blamed? The Effect of Organizational Roles on Blame and Credit Attributions” in the International Journal of Conflict Management. He has done extensive clinical work in executive psychotherapy and coaching and consults on issues of executive development and team effectiveness.
Formerly a principal of The Laundis Group, an executive advisory firm in Newport Beach, California, his clients have included individuals and organizations from industries including entertainment, professional sports, health care, advertising, education, government services, the U.S. military, high tech, not-for-profits, and faith communities. Scott has held administrative, research, faculty, or staff positions at several universities, including Arizona State University, UCLA, and Antioch University, where he was responsible for developing a graduate program in organization development. The program was consistently ranked among the top ten programs nationally during his tenure. Before returning to Chaminade this year, Scott was most recently the Dean of Academic Affairs at the Bainbridge Graduate Institute, the nation’s top-ranked business school for sustainability education. He previously taught at Claremont Graduate University since 1996, where he was recognized in 2005 for outstanding teaching. Scott completed doctoral specializations in management and psychology at UCLA and post-doctoral work in university leadership at Harvard University.
(Dick) Isoo Oshima, CPA
Founder & Co-Manager of OCCPA LLC
(Dick) Isoo Oshima is the founder & Co-Manager of OCCPA LLC, a Certified Public Accounting firm in Honolulu, Hawaii and has operated under other various company names as a principal since July 1975. He was formerly employed with Coopers (now known as PriceWaterhouseCoopers) in San Francisco and Honolulu from 1970 to 1975, prior to starting his own CPA firm on July 1, 1975.
Dick is a current Member of the American Institute of Certified Public Accountants, a current Board Member for the Hawaii Estate Planning Council, the current Treasurer for the Hawaii International Film Festival, the current Treasurer, Finance Committee Chair, and Board Member of Palolo Chinese Home, and an Advisory Board Member for the Hawaii Tax Institute. Dick was the Past President of the Oahu Chapter of the Hawaii Association of Public Accountants and the Hawaii Society of CPAs. Dick been a Board Member for the Chaminade Nonprofit Seminar Committee for over 15 years.
Shannan Yamamoto
Assistant to the Dean, School of Business and Communication, Chaminade University
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