Erin and I will be presenting a program on Nonprofit Law: Hot Topics for Continuing Education of the Bar (CEB) – State Bar of California livecast on Thursday, February 26 from noon to 1 p.m. The following description of our program is on the CEB website.
Providing counsel to nonprofits requires knowledge and understanding of corporate and tax laws that are often not intuitive or easy to research, and that often differ from the laws applicable to for-profits. In this program, we’ll explore considerations in the nonprofit formation process, potential alternatives to formation of a new nonprofit entity, the legal implications of nonprofits engaging in commercial activities and for-profit social enterprises pursuing charitable goals, common governance mistakes, and recent changes in the laws impacting nonprofits. We will use relevant examples to illustrate how these concepts might apply to your clients.
- New Form 1023-EZ, the short-form federal exemption application
- Fiscal sponsorship, an often appropriate alternative to a startup
- Recent changes to the Nonprofit Corporations Law affecting governance and bylaws
- Earned revenues and application of the unrelated business income tax
- Prohibited private benefits and application to nonprofits affiliated with businesses
- Introduction to alternative entities, including the benefit corporation and social purpose corporation