Nonprofit Corporations

Report: Charities Spend Too Much Time and Money On IRS Paperwork

Philanthropy.com:  “The federal government is asking big nonprofits like universities and hospitals to spend too much time and money reporting on their finances and other activities, nonprofit officials told members of Congress today at a hearing held by the House Ways and Means Committee.  The wide-ranging hearing, the first in a series of sessions expected…

Nonprofit Corporations

5 Legal Issues Nonprofit Boards Must Be Aware Of

Corporate Law Report:  “According to the National Center for Charitable Statistics, there are more than 1.5 million nonprofit and tax-exempt organizations operating in the United States, from charities to industry associations to religious institutions. But whatever their structure or purpose, such organizations need to understand – and respond to – key legal and regulatory issues that…

Nonprofit Corporations

Top 5 Fundraising Legal Tips

Nonprofit Law Blog:  “Do fundraising professionals have to think about legal compliance and risk management?  Absolutely. Do they spend an appropriate amount of organizational resources in these areas?  Probably not. . . . The failure to be informed is no excuse for the failure to comply with the law and protect the organization and its…

Nonprofit Corporations

The Legal Guide For Association Board Members

Nonprofit Law Blog:  “The Legal Guide for Association Board Members . . . was designed for corporate directors of 501(c)(6) trade associations and business societies but holds important lessons for all board members of nonprofits. The Guide consists of four principal sections:  (1) The Association’s Legal Structure, (2) Association Liability for Programs and Activities, (3)…

Nonprofit Corporations

Tips for Evaluating a Nonprofit before Joining the Board of Directors

Nonprofit Law Blog:  “Just as a nonprofit organization should not blindly accept any applicant as a director, an applicant should not blindly accept a director position without some understanding of the organization and his or her responsibilities. Both parties should be evaluating each other in order to mutually decide if it is a good fit.”