By NEO Law Group
The Upswell Summit 2021 takes place this week virtually bringing together “thousands of changemakers, hundreds of speakers, brilliant thought leaders, inspired innovators, and powerful creators to unleash civil society’s fullest potential.” Our shared purpose: building a racially just and healthy society where every person can thrive. Othering & Belonging...
The Accelerating Charitable Efforts Act (“ACE Act”) is creating quite a stir among nonprofits and leaders in or advising the sector. The TL;DR version of the controversy: the increase in the funds donated to the charitable nonprofit sector resulting from donor advised funds (DAFs) either offsets or fails to...
Today, NEO Law Group’s Erin Bradrick presented to the California Lawyers Association’s Nonprofit Organizations Committee on some tricky issues involving fiscal sponsorship. The focus was on 501(c)(3) fiscal sponsors and projects. Some highlights below: Common Models Comprehensive (Model A) Pre-approved Grant Relationship (Model C) For a brief summary of...
Certified Pubic Accounting Firm Clark Nuber will be hosting a webinar on 2021 Private Foundation Basics on Tuesday, July 27, from 9 a.m. to 1 p.m. PDT. You can register on Eventbrite (cost: $100; CPE: 4 technical credits). This seminar is a great opportunity to learn about the fundamentals...
I spoke with host Tony Martignetti on his Nonprofit Radio podcast about a quick legal audit executives or boards can perform on their organizations. This follows a recent post we published on the One Hour Nonprofit Legal Audit. But on the program, we were able to discuss each of these elements in...
I attended a seminar hosted by Exponent Philanthropy where the presenters discussed a unique approach to grantmaking that they referred to as “Catalytic Grantmaking.” The presenters suggested that many of the steps in what they identified as the “traditional grantmaking” process could be ignored to produce a quicker and...
Georgetown Law held its 38th Annual Representing and Managing Tax-Exempt Organizations conference (virtual edition) last week. Among the sessions at the conference was a perennial favorite: Update on Key Current Developments presented by exempt organizations attorney Bruce Hopkins. Below are some of the many highlights from his presentation: IRS...
This is our second post on Georgetown Law’s annual nonprofit governance conference held virtually last week – 2021 Nonprofit Board Governance: Identifying Issues, Assessing Effectiveness, Managing for Organizational Success. Here are more highlights from Day One: The Board’s Role Anne Wallestad, CEO of BoardSource, discussed the role of the board of...
Georgetown Law’s annual nonprofit governance conference was held virtually earlier this week – 2021 Nonprofit Board Governance: Identifying Issues, Assessing Effectiveness, Managing for Organizational Success. The opening session was presented by James G. Sheehan, Chief of the New York Attorney General’s Charities Bureau, and Anne Wallestad, CEO of Board...
I spoke with host Tony Martignetti on his Nonprofit Radio podcast about building your best better board. Our discussion stemmed from a blog post I wrote on Setting Up an Effective Nonprofit Board, though we focused on existing nonprofits rather than startups. Board roles – Financial oversight is of course important but...