Independent Sector and its convening partners are holding critical community conversations (“Threads”) about the key trends, obstacles, and opportunities that will affect every organization and individual working toward the common good over the next 20 years. A Threads conversation was held in Silicon Valley on Monday and another will...
CURRENT AFFAIRS & OPINION
CEB: Nonprofit Law: Hot Topics – Livecast on Thu, 2/26, at noon
Erin and I will be presenting a program on Nonprofit Law: Hot Topics for Continuing Education of the Bar (CEB) – State Bar of California livecast on Thursday, February 26 from noon to 1 p.m. The following description of our program is on the CEB website. Providing counsel to nonprofits...
Important OMB Guidance on Reimbursement of Indirect Costs
In 2013, the White House Office of Management and Budget (OMB) issued historic guidance regarding the policies and procedures of federal grants. Applicable to all new written agreements (contracts and grants) signed after December 26, 2014, government agencies and departments that hire a nonprofit using federal funds must...
A Prediction for the Nonprofit Sector in 2015
Predictions for the new year – love ’em or hate ’em – they’re difficult to do well. Good prognosticators have to go beyond stating obvious trends but without being careless. I’ve tried this once before (see 2008: Policy & Random Predictions by Gene Takagi, Esq.), and it’s instructive to look...
Top 10 Events in 2014
2014 was another year full of events affecting the nonprofit sector in the United States. Nonprofits were at the forefront of movements issuing demands for reform and played a critical role in achieving successes in areas such as marriage equality and immigration. They also helped to increase awareness of...
Final Treasury Regulations for Charitable Hospitals Released
The U.S. Treasury released final regulations on December 29, 2014 that provide guidance regarding the requirements for charitable hospital organizations added by the Patient Protection and Affordable Care Act of 2010. Background (from the regulations): Section 501(r) was added to the Code by the Patient Protection and Affordable Care Act,...
Best of the Nonprofit Law Blog 2014
Here are some selected highlights from NEO Law Group over the past year that we hope you’ll find helpful. 2014 was also highlighted by an addition to Erin’s family and Michele’s graduation and passage of the bar exam! Amazing year for all of us. Blog Posts Governance What Issues Should a...
Pearson Charitable Foundation to Dissolve
A few weeks ago, the Board of Directors of Pearson Charitable Foundation, the Section 501(c)(3) organization affiliated with the educational publishing company Pearson PLC, announced that it will be closing the Foundation at the end of the year after a decade of operations. According to the Foundation’s website, the...
Proposed Rules Affecting California Charities – Comment Period Ends Today!
Unless the Department of Justice receives persuasive feedback today by 5 p.m., California charities that are required to register with the Attorney General’s Registry of Charitable Trusts (most charities except religious organizations, hospitals, and schools) may be subject to the following regulations and penalties: $100 penalty per day per...
12 Things Nonprofits Should Know About Proposed Tax Reform
On February 26, 2014, Rep. Dave Camp (R-MI), the Chairman of the Ways and Means Committee, released a draft proposal for comprehensive tax reform. The almost 1,000 page document contains significant changes that will affect individuals, for-profit corporations, and tax-exempt entities. Camp’s proposals will likely be debated throughout the...