By NEO Law Group
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...
5/28/16 Update: Costly bill that would have required charities in California to post a “warning label” on their websites and fundraising documents was held in committee and will not advance. AB 2855 was a dangerous bill that threatened nonprofits raising funds in California and reflected the lack of understanding of its author/sponsor, California Assemblymember Jim Frazier (D...
A foreign corporation, a corporation formed under the laws of another state, that conducts business in California may be subject to more of California’s laws and jurisdiction than one might think. Generally, activities occurring in California are regulated by California laws (e.g., employment, health and safety, revenue and taxation)....
You’ve got an idea for making the world a better place, and you want to start a 501(c)(4) nonprofit social welfare organization as the means to do so. In contrast to a 501(c)(3) charitable organization, a 501(c)(4) organization may engage in unlimited lobbying in furtherance of its social welfare...
Beginning on January 1, 2016, a “commercial fundraiser” in California is defined as any individual, corporation, unincorporated association, or other legal entity who for compensation does any of the following: Solicits funds, assets, or property in this state for charitable purposes. As a result of a solicitation of funds, assets, or property...