By NEO Law Group
Private foundations face particular legal issues and challenges that must be managed by their executives and boards. Informed leaders can maximize the impact of their foundations in advancing their charitable missions. But they must carefully manage those issues and challenges that can expose the foundation and its leaders to penalties and damage to their public reputation, especially if the foundation is engaged in arrangements and transactions that involve potential or actual conflicts of interests. Careful planning is critical to building a strong and sound infrastructure to ensure the foundation’s ongoing effectiveness and legal compliance.
On Tuesday, June 18, Northern California Grantmakers (NCG) held its Annual Conference: Imagine and Act in Oakland, California. The NCG website included the following in its description of the Conference: We can only act on what we can imagine. As philanthropy is called to meet this moment, we need to...
Conferences of grantmaker organizations focus on many critically important topics. But I have noticed that nonprofit and exempt organizations law tends to be an underappreciated area of coverage, even when it might inform several areas of focus. And for those willing to make the investment in learning and managing...
I had the pleasure of attending the Grantmakers for Effective Organizations (GEO) 2024 National Conference last week and wrote about some highlights from Day One here. Below are some highlights from the rest of the Conference. Highlights from the Conference Asset Framing: Why Your Peers Are Still Achieving Historic Wins for...
The Grantmakers for Effective Organizations (GEO) 2024 National Conference kicked off in Los Angeles on May 20. If day one is any indication, this will be one of my favorite conferences. Included in this post are some of the highlights. GEO and its Strategic Direction “GEO is a community...
NGOsource, described as a project of the Council on Foundations and TechSoup, celebrates its 10th year this year. NGOsource helps U.S. grantmakers streamline their international giving through easier equivalency determinations. Private foundations that make a grant to a foreign organization without an IRS determination letter providing that it is...
Many private foundations and government agencies have become comfortable making grants to support fiscally sponsored projects (FSPs). Over the past decade, fiscal sponsorship has become an increasingly familiar structure and more widely recognized as a legitimate option for supporting charitable projects. But there are still many misconceptions about how...
Northern California Grantmakers (NCG) held its 2023 Annual Conference: Mapping Our Collective Future on May 2nd in San Francisco. The Conference website posed the following questions: Are we making progress on building an equitable future for the region? How will we know we have reached this future? What direction are...
The American Bar Association 2023 Business Law Section Spring Meeting featured a session on Creative Philanthropy: Impact (ESG) Investing, Donor Advised Funds, Program Related Investments and More moderated by JJ Harwayne Leitner and presented by Jinna Kwak (Adler & Colvin) and Matt Topham (Gates Foundation). Here are some highlights...
Here are some of the highlights from 2 of the subcommittee meetings at the ABA Exempt Organizations Committee meeting held in San Diego on February 10, 2023 as part of the ABA 2023 Midyear Tax Meeting. Private Foundations & Unrelated Business Income Taxes & International Philanthropy Political and Lobbying;...
Anti-discrimination laws such as Title VII of the Civil Rights Act of 1964 and Section 1981 of the Civil Rights Act of 1866 preclude organizations from making decisions on the basis of race or other protected characteristics in a variety of situations such as funding, programming and employment. See our previous posts...