By NEO Law Group
A California nonprofit public benefit corporation must state in its articles of incorporation that it is organized for one of the following purposes, as defined by state law: Unfortunately, the California Nonprofit Public Benefit Corporation Law (NPBC Law) doesn’t spell out the differences between a charitable purpose and a...
Nonprofit Resources of the Week curates timely articles, tools, and commentary to help nonprofit organizations, their leaders, and their advisors stay informed about legal developments, sector trends, and emerging issues affecting the nonprofit and philanthropic ecosystem, including those related to equity, climate change, and resilience. The series also seeks...
Is it fair to assume that the board members of a charitable nonprofit all understand their organization’s mission? After all, why would they have been elected or willing to serve unless they understood and had some important feelings about the mission? Of course, board members have a fiduciary duty...
Nonprofit Resources of the Week curates timely articles, tools, and commentary to help nonprofit organizations, their leaders, and their advisors stay informed about legal developments, sector trends, and emerging issues affecting the nonprofit and philanthropic ecosystem, including those related to equity, climate change, and resilience. The series also seeks...
Generally, it seems like tension between staff and board members has risen over the past few years. Under corporation laws, the board sits atop the corporate hierarchy and possesses the ultimate power to determine the direction of a nonprofit corporation. Yet, it’s reasonable to ask whether this makes sense...
Nonprofit Resources of the Week curates timely articles, tools, and commentary to help nonprofit organizations, their leaders, and their advisors stay informed about legal developments, sector trends, and emerging issues affecting the nonprofit and philanthropic ecosystem, including those related to equity, climate change, and resilience. The series also seeks...
With increased government, grantmaker, and media scrutiny of fiscal sponsorship, I find it interesting to read about ‘fiscally sponsored entities.’ From a legal perspective, an entity has separate legal existence from its individual members or owners. Typical entities associated with nonprofits are nonprofit or nonstock corporations and limited liability...
Nonprofit Resources of the Week curates timely articles, tools, and commentary to help nonprofit organizations, their leaders, and their advisors stay informed about legal developments, sector trends, and emerging issues affecting the nonprofit and philanthropic ecosystem, including those related to equity, climate change, and resilience. The series also seeks...
The Southern Poverty Law Center (SPLC) is a nonprofit 501(c)(3) organization headquartered in Montgomery, Alabama well-known for its efforts in advancing civil rights and racial justice, particularly in the South. Over the past several decades, the SPLC was particularly known for monitoring the Klu Klux Klan (KKK) and other...
Nonprofit Resources of the Week curates timely articles, tools, and commentary to help nonprofit organizations, their leaders, and their advisors stay informed about legal developments, sector trends, and emerging issues affecting the nonprofit and philanthropic ecosystem, including those related to equity, climate change, and resilience. The series also seeks...