The following are some of the highlights from the 2022 Western Conference on Tax Exempt Organizations (WCTEO). After a two-year hiatus from in-person meetings, It was great seeing and speaking with new and old friends and colleagues practicing, teaching, and writing in the area of nonprofit and exempt organizations law and accounting. Washington Update Attorney […]
Author: Gene Takagi
Nonprofit Tweets of the Week – 11/25/22
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. We hope all of you have some opportunity to be thankful on the holiday weekend and share your gratitude with loved ones and others. Notable Events of the Week: Top 10 Nonprofit Tweets: Racial Equity […]
Two Recent Treasury Inspector General Reports on Exempt Orgs
Earlier this autumn, the Treasury Inspector General for Tax Administration (TIGTA) released two important reports regarding the IRS’s administration and oversight of tax-exempt organizations: (1) Review of the IRS’s Enforcement Program for Tax-Exempt Organizations That Participate in Illegal or Nonexempt Activities and (2) More Information Is Needed to Make Informed Decisions on Streamlined Applications for […]
Nonprofit Tweets of the Week – 11/18/22
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. In light of recent developments at Twitter (thanks, Elon), we may soon be curating other social media posts, and you can follow me at https://www.linkedin.com/in/nonprofitattorney/ and https://sfba.social/@gtak. Notable Events of the Week: Top 10 Nonprofit […]
Upswell Summit 2022
The 2022 Upwell Summit held virtually on November 15 focused on self and community care, what the political landscape means for our communities, opportunities and challenges around creating a healthy and just nation, and a look ahead to 2023. Here are some highlights: Investing in Justice for the Deep South Power and Philanthropy: Co-Creating Equity […]
Nonprofit Tweets of the Week – 11/11/22
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: Top 10 Nonprofit Tweets: Racial Equity and Justice: The Supreme Court Will Decide the Future of Native American Foster Children (Madeleine Carlisle, Time) Indigenous people flock to DC for ICWA […]
Restatement of the Law: Duty of Loyalty
The ALI Restatement of the Law, Charitable Nonprofit Organizations (the “Restatement”) provides: “A fiduciary of a charity has a duty to: … [a]ct in good faith and in a manner the fiduciary believes to be in the best interests of the charity in light of its purposes ….” The Restatement explains: [W]ith the exception of […]
Nonprofit Tweets of the Week – 11/4/22
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “The vicious attack on Paul Pelosi, husband of House Speaker Nancy Pelosi (D-Calif.), is a reminder of what the 2022 election is about. It is of course about who holds power in […]
2022 National Center on Philanthropy and the Law Annual Conference
Last week, I attended the 2022 National Center on Philanthropy and the Law Annual Conference. The theme this year was: Standards for Exemption: Old Rules, New World. The National Center on Philanthropy and the Law (NCPL) was established in 1988 at New York University School of Law (NYU School of Law) to explore a broad […]
Nonprofit Tweets of the Week – 10/28/22
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “The U.S. economy grew at an annual rate of 2.6 percent in the third quarter, marking its first increase in 2022 and a sharp turnaround after six months of contraction […]