Here are some of my favorite posts of the week: GTak: Burden higher for nonprofit hospitals, Illinois Supreme Court Says http://is.gd/aOh0l (Chicago Tribune 3/19/10) – Provena GTak: The Art of the Steal – an interesting rebuttal to Charity Governance Blog's opinion of the underlying case: http://bit.ly/bJQhAl GTak: The Art of the Steal. Charity Governance Blog […]
Author: Gene Takagi
UBIT: Scientific Purposes and Scientific Research
In the context of scientific organizations, the IRS states that unrelated business income tax (UBIT) issues generally occur in two situations: (1) a scientific research organization (SRO) engaging in various projects or (2) a tax-exempt non-SRO engaging in research. “Scientific purpose” and “scientific research” are commonly seen phrases in the governing documents for 501(c)(3) tax-exempt […]
Tweets of the Week – 3/12/10
Here are some of my favorite posts of the week: GTak: Risk, Return and Social Impact: Demystifying the Law of Mission Investing by U.S. Foundations – http://bit.ly/bd1eLy GTak: Fiscal Sponsors = Fiscally Responsible – http://bit.ly/doGpp0 (Tides Blog) – Thanks for the cite! http://bit.ly/90E3eR npquarterly: What's the truth behind nonprofit CEO pay? http://bit.ly/cLrUSz RootCause: Efforts to […]
Nonprofit Law Crash Course Presentation
Last Thursday, I had the pleasure of guest lecturing for an MBA class on nonprofit management. My thanks to Professor Michael O'Neill for the invitation and to the students at USF. Here is an abbreviated version of the PowerPoint presentation I created: Nonprofit and Exempt Organization Law Crash Course
Tweets of the Week – 3/5/10
Here are some of my favorite posts of the week: GTak: Measuring the Bang of Every Donated Buck – http://is.gd/9sro6 (WSJ 3/1/10) – social return on investments philosopher20: Is there a private inurement, excess benefit or private benefit issue when a for-profit buys a non-profit college… http://bit.ly/dpAspB jessamynlau: 3Q's for all fdns: What did founder […]
What the Winter Olympics Taught Me About Nonprofit Governance
The 2010 Winter Olympics rocked! Having grown up in Vancouver, I recognize my bias. But come on, the Double McTwist 1260, the men's hockey gold medal match between Team Canada and Team USA, both flawless and courageous performances on the ice, the craziness of short track speed skating, k.d. Lang's rendition of Hallelujah at the opening, […]
Tweets of the Week – 2/26/10
Here are some of my favorite posts of the week: GTak: 50 Fascinating Lectures for Humanitarians – http://is.gd/914W9 BoardSource: Senate Passes Jobs Bill That Includes Tax Credit for Nonprofit Employers http://tinyurl.com/ydwpfj4 rosettathurman: Why Don’t More Members of Gens X and Y Join Boards? http://ow.ly/1biAB acumenfund: How do you recognize a linchpin? The indispensable listeners, doers, […]
Program: Duties and Responsibilities of Serving on a Nonprofit Board – Feb 24
Cherie Evans, Evans & Rosen LLP, and I will be presenting a program on nonprofit governance for the Barristers Club, Bar Association of San Francisco on Wednesday, February 24, 2010, from noon to 1:30 p.m. The focus will be on issues facing board members of public charities, and we'll be discussing relevant laws and their […]
Tweets of the Week – 2/19/10
Here are some of my favorite posts of the week: GTak: Fiscal sponsorship – it's more than you think – http://is.gd/8kufd (Sarah Todd, Georgia Center for Nonprofits) GTak: L3C: Useless Gadgets? http://is.gd/8sYcY (American Bar Association Business Law Today – Nonbinding Opinion) GTak: Program-Related Investment Promotion Act of 2009 – L3Cs seek IRS recognition of ability to […]
Tweets of the Week – 2/12/10
Here are some of my favorite posts of the past week: GTak: If Your Organization Has Second Thoughts About Filing That Complicated Form 990 … – http://is.gd/81IMd (Charity Governance Blog) GTak: For L3C companies, profit isn't the point http://is.gd/7ZfM3 (CNN Money) p2173: This is paper #3 in the MacArthur series on philanthropy strategies Changing the […]