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 explosive leak of a draft Supreme Court opinion that would overturn Roe v. Wade not only focused the nation on the magnitude of the change facing abortion rights, it also signaled the rise […]
Author: Gene Takagi
10 +1 Key Current Developments: 2022 Georgetown EO Conference
Georgetown Law held its 39th Annual Representing and Managing Tax-Exempt Organizations Conference in-person and by livestream. Here are some of the highlights from the session on Key Current Developments presented by Jean Tom (Davis Wright Tremaine) and Ofer Lion (Seyfarth) with some of my notes and comments interspersed. Annual Bruce R. Hopkins Memorial Session: 2022 […]
Nonprofit Tweets of the Week – 5/6/22
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 Supreme Court has voted to strike down the landmark Roe v. Wade decision, according to an initial draft majority opinion written by Justice Samuel Alito circulated inside the court […]
Selected Highlights 2022 Georgetown Exempt Organizations Conference – IRS, Treasury, Capitol Hill
Georgetown Law held its 39th Annual Representing and Managing Tax-Exempt Organizations Conference in-person and by livestream on April 28-29, 2022. Here are some of the highlights from the sessions presented by representatives of the IRS, Treasury, and staffers on Capitol Hill: 2022 Message from the IRS Director, Exempt Organizations and Government Entities: Priorities FY 2021 […]
Nonprofit Tweets of the Week – 4/29/22
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: “‘It’s Life or Death’: The Mental Health Crisis Among U.S. Teens Depression, self-harm and suicide are rising among American adolescents.” NY Times “Elon Musk struck a deal on Monday to […]
Is a Compensated Nonprofit Officer an Employee?
Nonprofits with compensated workers must respect applicable laws governing the distinction between employees and independent contractor. Getting it wrong can result in significant risk exposure to the organizations and even personal liability to board members. For example, nonprofits that misclassify workers as independent contractors may be responsible for unpaid payroll taxes, interest, and penalties (and […]
Nonprofit Tweets of the Week – 4/22/22
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: “Climate change is and will continue to touch almost everything around us, from our septic tanks to your seasonal allergies and the turbulence you experience on your next flight. The […]
Compensating Nonprofit Board Members
Many of us serve as volunteer board members of a charitable nonprofit organization. But some nonprofit board members get paid for their service. There are strong feelings about the propriety of compensating nonprofit board members that are worth exploring before arriving at any conclusions. The Law Federal tax laws applicable to public charities do not […]
Nonprofit Tweets of the Week – 4/15/22
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: “Ukraine has already lost at least $1.5 billion in grain exports since the war began, the country’s deputy agriculture minister said recently. And Russia, the world’s leading grain exporter, has […]
Stipulated Judgment Against Fiscal Sponsor for Misspending Donations
Fiscal sponsors must respect laws related to protecting assets restricted to furthering the charitable purposes of specific projects . If funds intended for a particular internal (Model A) project are diverted and used for other purposes (e.g., the fiscal sponsor’s general operating expenses), there may be legal repercussions. This was very recently exemplified in a […]