NEO Law Group recently posted another YouTube video with tips for starting a nonprofit. This video focuses on the process of drafting the initial bylaws of a nonprofit organization. We hope that you enjoy it and please stay tuned for additional videos from NEO Law Group on tips related to nonprofits.
BOARDS / GOVERNANCE
An engaged board can be one of the most important organizational assets of a nonprofit. But nonprofit boards are often underutilized and are not always effective in significantly advancing an organization’s mission. Educating boards and executives about their legal duties, practical steps to take to effectively meet those duties, and best practices in mitigating exposure to organizational and personal liability/harm is key to establishing board engagement and effectiveness.
NonprofitRadio: Board Committees and Other Committees
I'll be discussing board committees and other committees with Tony Martignetti on NonprofitRadio tomorrow at 10:30 am PST / 1:30 pm EST. Please join us and Tony's 9,000 other listeners live on Talking Alternative. Or catch the recorded podcast on iTunes. While I'm not certain where the conversation may...
NEO Law Group’s Video on Tips for Starting a Nonprofit – Selecting the Initial Board of Directors
NEO Law Group posted its first YouTube video today on 2 minute tips for starting a nonprofit, beginning with a discussion of selecting the initial board of directors. We hope that you enjoy it and please stay tuned for additional 2 minute videos on tips related to nonprofits....
Human Resources Committee
The board of directors of a nonprofit corporation has the power to create committees at its discretion, subject to the organization's bylaws and the laws of the state of incorporation. While not appropriate for every corporation, committees may be particularly useful in managing the various responsibilities of the board...
The Finance Committee: What is it and What Does it Do?
A board of a nonprofit is generally empowered to create committees at its discretion, subject to the organization’s bylaws and the laws of the state of its incorporation. For each committee it creates, the board should determine the level of authority to be given to the committee and...
Nonprofit Radio: Board’s Role in Program Oversight
Repeat broadcast on Friday, September 15, 2017 … here I’ll be on Tony Martignetti Nonprofit Radio on Friday, January 10, 2014 talking with Tony about the board’s role in overseeing programs. Hope you’ll join us live at 10:30 am.PT / 1:30 pm ET or catch us later on iTunes. Nonprofit boards...
FTB Revocation Policy for Failure to File Statement of Information or Form RRF-1
At a meeting of the California Bar Association’s Tax Exempt Organizations Committee last Friday, the issue of the California Franchise Tax Board (“FTB”) revoking an organization’s state tax-exempt status for failure to timely file a Statement of Information with the California Secretary of State was raised. Several representatives of...
Social Enterprises: Nonprofits vs. For-Profit
I'm honored to be speaking tomorrow at the 2013 BoardSource Leadership Forum on Social Enterprises: Nonprofit vs. For-Profit. Here's the description in the program: As the activities of nonprofit and for-profit organizations continue to blur with the commercialization of charities and the growth of socially purposed taxable entities,...
Nonprofit Overhead: Good and Bad
Last Friday, Gene was on Nonprofit Radio discussing examples of good and bad overhead following host Tony Martignetti’s interview with the three signatories to The Overhead Myth letter. The growing rejection of the myth that overhead is a good way to measure a charitable organization’s value is a promising...
Unrelated Business Income and the Commerciality Doctrine
As is clearly determined (and as we’ve discussed several times on the Nonprofit Law Blog), in order to establish and maintain tax exemption under Section 501(c)(3), an organization must be primarily operated for an exempt purpose. What is less clearly determined, however, is when a 501(c)(3)’s tax exempt status...