By NEO Law Group
On this July 4th, we feature some excerpts from the United States Declaration of Independence. All Men are Created Equal The most well-known sentence from the Declaration isn’t as self-evident as many of us would like to believe: We hold these truths to be self-evident, that all men are...
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...
The Consolidated Appropriations Act, 2018 was enacted by Congress and signed into law by President Trump on March 23, 2018. The Act authorizes funding for the federal government for FY 2018 ending on September 30, 2018. For nonprofits, three aspects of the Act may be of particular general interest:...
WASHINGTON, D.C.—February 27, 2018: The Committee on Nonprofit Organizations of the American Bar Association’s Business Law Section is calling for nominations for the “2018 Outstanding Nonprofit Lawyer Awards.” The Committee presents the Awards annually to outstanding lawyers in the categories of Academic, Attorney, Nonprofit In-House Counsel, and Young Attorney...
On February 14, 2018, I had the pleasure of participating in an international convening of about 50 members of the digital impact community at Stanford University, which was scheduled to immediately precede the Stanford Social Innovation Review’s Data on Purpose conference. Many thanks to Lucy Bernholz, Senior Research Scholar at...
The new tax law, the Tax Cuts and Jobs Act of 2017 (TCJA), despised by a great majority of the public and leading nonprofits, is now law. Nonprofits should be aware of these provisions and how they may impact their fundraising and operations. Part 1, focused on fundraising, is available...
Originally published on LinkedIn. We’ll see an increase in the number of 501(c)(4) social welfare organizations being formed and receiving contributions. While contributions to 501(c)(4) organizations are not deductible as charitable contributions, this won’t matter to many donors for two major reasons: With the increase in the standard deduction,...
The new tax law, the Tax Cuts and Jobs Act, despised by a great majority of the public and leading nonprofits, is now law. Nonprofits should be aware of these provisions and how they may impact their fundraising and operations. Part 1 – Fundraising The following temporary* provisions in...
The past 12 months have featured many major events that have affected, and will have long-term implications for, the nonprofit sector. In January, women all over the world marched for gender, racial and economic equality, and throughout the year, women shared stories of sexual harassment and assault, illuminating how...
On November 9, 2017, we got our first look at the Senate Tax Bill following the release of the House Tax Bill (see Nonprofits and Tax Reform: 2017 House GOP Plan). Both Bills are proposing major tax reforms, highlighted by $1.5 trillion in tax cuts mostly benefiting the ultra-wealthy. According to the...