The IRS has released the 2009 Form 990 and its related changes for filing this year. Changes on the 2009 Form 990 include clarifications to already existing questions in nearly all sections, as well as the integration of new questions in Part IV (‘Checklist of Required Schedules’) and Part XI (‘Financial Statements and Reporting’). The […]
Author: Gene Takagi
Hiring a Foreign National for your Non-Profit: A World of Possibilities
At first glance, the U.S. immigration system may seem too incomprehensible to an overworked non-profit executive or human resources professional to justify even considering the hiring of a foreign national for a position within his or her organization. As with any other area of law, though, with the right legal advice, hiring a foreign national […]
Tweets of the Week – 2/5/10
Here are some of my favorite tweets from the past week: GTak: Why hybrid corps? Blended value missions are not protected by traditional corp laws. Typical mission anchors are not rock solid. GTak: Vermont BSR Legislative Initiative: For-Benefit Corporations - http://is.gd/7JyWc GTak: Changing Ecosystem of Change: B-certified Corp, Benefit Corp, Flexible Purpose Corp, L3C. Thanks @p2173, […]
Tweets of the Week – 1/29/10
Here are some of my favorite tweets from the past week: I'll be speaking at ReVisioning Value Conference (intersection of purpose + profit) in Portland on 4/26 - http://is.gd/75SuE The Long Arm of Charitable Solicitation Law from @charitylawyer - http://is.gd/6Tpul (Charity Lawyer Blog) Charitable solicitation regulation for the nonprofit sector – http://is.gd/6To6N (Center for Public Policy & Admin, Univ of […]
Citizens United Ruling
On January 21, 2010, the United States Supreme Court ruled in Citizens United v. Federal Election Commission that corporations (including nonprofit corporations and unions) may make direct expenditures on political advertising in support of or in opposition to a candidate for public office. While nonprofit leaders and commentators are still analyzing what this means for […]
UPMIFA: One Year Later
On January 14, 2009, Jill S. Dodd of Manatt, Phelps & Phillips, LLP and Bert W. Feuss of the Silicon Valley Community Foundation presented "UPMIFA: One Year Later" for the Northern California Planned Giving Council. UPMIFA is the acronym for the Uniform Prudent Management of Institutional Funds Act, which California adopted effective January 1, 2009, […]
Tweets of the Week – 1/22/10
Here are some of my favorite tweets from the past week: GTak: Philanthropy and Charity Have Different Roles - http://is.gd/6uofr (Steve Gunderson – COF) philaction: What metrics should we be tracking to assess impact of donor advice on Haiti giving? Your thoughts (and data) please http://bit.ly/4yYx3a BoardSource: The Stevens Settlement: Good for Stevens, Bad for Nonprofit Governance (Governance Consulting […]
Nonprofit Mergers – Due Diligence Items
I had a nice opportunity today to talk with the folks at La Piana Consulting, a national firm dedicated to strengthening nonprofits and foundations, about nonprofit mergers from a legal perspective. La Piana Consulting was founded by David La Piana, a leading expert on strategic restructuring – including mergers, joint ventures, consolidations, and joint programming […]
Tweets of the Week – 1/15/10
Here are some of my favorite tweets of the past week: GTak: Hybrids: B corporation … L3C … H corporation? http://bit.ly/4X9NZq (Cal Lawyer); http://bit.ly/8nLMoN (Katovich Law) GTak: CA FTB Update: Sending revocation letters to nonprofits that have been suspended – if revoked, need to reapply w/Form 3500 (not 3500A) GTak: CA AG Update: Franchise Tax Board will be notified of suspension/revocation of […]
10 New Year’s Resolutions for Your Board
The close of one year and start of a new year is a great time for reflection and resolution. Here is a list of 10 resolutions for your nonprofit board of directors to consider: We will review the stated purpose statements in our articles of incorporation and bylaws to make sure they are consistent with […]