By NEO Law Group
I’ll be joining CalNonprofits CEO Jan Masaoka for a webinar on Thursday, June 28th from 11am to 12pm (Pacific). We’ll be discussing the major ongoing filing obligations that California nonprofits that are exempt under IRC Section 501(c)(3) are subject to each year. Join us for an engaging webinar on...
California is considering passage of a crowdfunding bill sponsored by Pay Pal Giving Fund and applicable to charitable organizations and crowdfunding solicitors. The bill, AB 2556, was introduced by Assembly Member Jacqui Irwin on February 15, 2018 and later amended on April 19, 2018. It currently is being held...
NEO Law Group’s Erin Bradrick and the California Franchise Tax Board’s Audrey Rowe provided an informative presentation on developments in California law affecting nonprofits at the 2017 WCTEO. Here are some of the highlights from their presentation. Attorney General Revised Guide for Charities released (Erin was one of the...
The term “member” is a term of art defined in California Nonprofit Corporation Law (the “Law”). Generally, a member under the Law (sometimes referred to as a “statutory member” or “voting member”) means any person who, under a provision of a corporation’s articles of incorporation (“articles”) or bylaws, has...
We are often asked to help nonprofit corporations review their bylaws and amend them as necessary or as desired. Bylaws may need to be reviewed and amended for legal compliance or risk management purposes or to match the existing or desired policies/practices of the corporation. The following are steps...
On July 27, 2017, the Northern California Planned Giving Council (NCPGC) presented the program Updates from the California Attorney General on Charity Regulation and Enforcement featuring Supervising Deputy Attorney General Elizabeth Kim. Program Description: The Attorney General’s Office will provide updates on the work of the Registry and the Charitable Trusts Section’s legal and...
Earlier today, I had the honor of testifying at the first hearing of the Select Committee on the Non-Profit Sector. Here is my draft written testimony (some of which I omitted from my verbal testimony in the interest of time): Good afternoon Madame Chair and Members of the Select Committee....
I have the honor and pleasure of speaking at the first hearing of the Select Committee on the Non-Profit Sector on Wednesday, June 21, from 2 to 3:30 pm, in the State Capitol. The hearing will provide for the Committee members and attendees an overview of the nonprofit sector, its...
Section 5233 of the California Nonprofit Public Benefit Corporation Law defines and prohibits self-dealing transactions. A self-dealing transaction is defined as “a transaction to which the corporation is a party and in which one or more of its directors has a material financial interest and which does not meet the requirements of...
Nonprofits exempt under 501(c)(3) of the Internal Revenue Code are not automatically exempt from property taxes. In California, depending upon ownership and use of the property, eligible nonprofit organizations may separately apply and receive an exemption from local property taxes. There are three common exemptions for nonprofits owning property...