Digital Assets and the Nonprofit Sector

Dana Lennon and Lori Nuckolls, co-chairs of the Subcommittee on Digital Technology Issues for Nonprofits, host an informative discussion on the use of digital assets in nonprofit organizations. Joined by subcommittee members Laura Angel Lalanne and John Bennett, alongside nonprofit leaders Kevin Scally and Zach Bronstein, they delve into different types of digital assets, their benefits for nonprofits, real-world applications, and the associated governance and legal considerations. The discussion includes practical advice on implementing digital asset strategies, addressing risk, ensuring transparency, and complying with emerging regulations and legislation. Laura Angel-Lalanne is a Partner at Schulte Roth; John Bennett is a Senior Counsel at Simpson Thacher; Dana Lennon is the Director of Divisional Operations at Catholic Charities Community Services Archdiocese of New York; Lori Nuckols is a Public Policy Researcher; Zack Bronstein is Chief Operating Officer at Endaoment; and Kevin Scally is Deputy Chief Development Officer for Doctors without Border. Want to further explore the latest developments in financial technology and associated regulatory changes? Join us at the City Bar’s upcoming FinTech Conference on September 9. (This program will be available on-demand thereafter.) Visit nycbar.org/events to find all of the most up-to-date information about our upcoming programs and events. 01:24 Understanding Digital Assets for Nonprofits 03:31 Kevin Scaly on Doctors Without Borders 05:52 Zach Bronstein on Endaoment 12:16 Implementing Digital Asset Strategies 18:35 Board Approval and Policy Considerations 24:57 Nonprofit Security Measures and Asset Management 29:28 Donor Information and Anonymity 33:07 Governance and Legal Considerations 44:04 Advice for Nonprofits on Digital Assets