Important Considerations for your Nonprofit’s Gift Acceptance Policy

While it may seem intuitive for a 501(c)(3) nonprofit to openly accept gifts without question, certain gifts can result in consequences that harm the nonprofit’s mission, drain its finances, and/or damage the nonprofit’s reputation.  In order to avoid such consequences, it’s best practice for nonprofits to adopt a Gift Acceptance...

Some Trends for 2022

8 Trends | Nonprofit Law Blog Purpose-driven governance, taking the ecosystem into greater consideration (see The Four Principles of Purpose-Driven Board Leadership; Purpose-Driven Board Leadership, Legally Speaking) Boards making a more conscious effort of adding younger board members, understanding that their perspectives are part of their critical contribution (see...