Incorrect answer:

NO. The CSL may be a nonprofit entity, but because it receives more than 5% of its funding from for-profit sources, you may not accept the payment of the conference expenses is INCORRECT.

You are correct that in this case you may not rely on the Amendment 41 gift ban exception that allows covered individuals to accept the payment of expenses by a nonprofit organization to attend meetings where the covered individual is to deliver a speech or make a presentation, participate on a panel, or represent the state or local government because CSL receives more than 5% of its funding from for-profit sources. However, you may still be able to accept payment of the conference expenses under the IEC's PS 12-01.

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