Board Member Rights and Non-Rights

A board of directors is the ultimate authority of a nonprofit corporation, but that doesn’t mean any individual director (board member) holds such authority or really any inherent authority over the corporation, subject to some very limited exceptions. The following lists of board member rights and non-rights are based...

Anchoring Equity in a Mission Statement

Charitable nonprofits are organized and operated to further their tax-exempt missions. For some nonprofits, their mission statement is memorialized in their articles of incorporation and/or bylaws. For others, the mission statement can only be found on their public communications (e.g., website), fundraising materials, and annual information returns (Forms 990)....

California AG: Charity Governance During the COVID-19 Pandemic

Earlier this month, the California Office of the Attorney General (“AG”) published Charity Governance During the COVID-19 Pandemic. Here are some excerpted highlights from the publication applicable to California nonprofit corporations with some comments: Emergency Provisions Unless prohibited by the nonprofit’s emergency bylaws, the following actions can be taken...

Fiscal Sponsors and COVID-19

You’ll find a wealth of information provided by numerous organizations and law firms regarding COVID-19-related issues facing nonprofits, including this page from the NEO Law Group. Such issues include those related to new laws providing for paid employee leave, small business (and nonprofit) loans, and enhanced charitable contribution deductions....