Lots of debate and discussion about charity and philanthropy this week. Have a listen to the Beatles' Come Together as you peruse this week's tweets: NY Times Opinion: Good Charity, Bad Charity HuffPost Impact: Bill Gates: Space dollars should be spent on fighting poverty http://huff.to/1czn3tf Rob Reich:...
Executive on the Board: Some Pros and Cons
The governance structure in a corporation, whether nonprofit or for-profit, consists of an executive who reports to a board of directors. The executive and the board have distinct responsibilities: management and governance, respectively. But there are areas in which those responsibilities blur, and that can result in tension...
Nonprofit Tweets of the Week – August 9, 2013
The 2013 American Bar Association Annual Meeting is in San Francisco, and I'll be speaking to a group of law students on careers and passion. I'll also be on Nonprofit Radio today at 10:30 am PT / 1:30 pm ET picking up my discussion with Tony about nonprofit...
Private Benefit Doctrine – A Few Examples
The private benefit doctrine is the broadest of the private benefit rules that apply to 501(c)(3) organizations. It generally provides that a 501(c)(3) organization may not confer any benefit, monetary or otherwise, on any individual or entity that is not incidental, quantitatively and qualitatively, to furthering the organization’s exempt...
Nonprofit Tweets of the Week – August 2, 2013
I recently had the pleasure of being interviewed by Neetal Parekh, founder of Innov8 Social (post and audio clip available here). Neetal is is an attorney by education, digital content strategist by training, and social innovator at heart. Innov8 Social explores impact innovation, social entrepreneurship, and law and policy that support...
Erin Bradrick
Erin Bradrick is a Principal at NEO Law Group, where she provides corporate, governance, charitable trust, and tax counsel solely to nonprofits and exempt organizations. Erin was recognized as the “2018 Outstanding Nonprofit Lawyer – Young Attorney” by the American Bar Association Nonprofit Organizations Committee. In 2017, Erin was...
Nonprofit Tweets of the Week – July 26, 2013
An eventful week of diverse happenings from President Obama's speech on Trayvon Martin and race in America to the birth of Prince George. Have a listen to the Dixie Chick's Lullaby as you peruse this week's tweets: Emily Chan: Risk Management: Everyone’s ounce of prevention via Philanthropy Journal...
Nonprofit Radio: Back to Board Basics
I'll be on Tony Martignetti Nonprofit Radio tomorrow, July 26, at 10:25 am PT / 1:25 pm ET discussing some basic but important board issues with Tony. We may cover topics like: Is it okay to have a compensated CEO also serve as a director on the board? Is...
Unrelated Business Income Tax Explained
In order to qualify as a tax-exempt organization under IRC Section 501(c)(3), an organization must be operated primarily for tax-exempt purposes. This parameter allows such nonprofit organizations to engage in a limited amount of business activity unrelated to the organization’s exempt purposes. Although a public charity generally does not...
California Benefit Corporations
What is a benefit corporation? A benefit corporation is a new corporate form allowing for-profit entities to pursue social and environmental goals along with the traditional objective of maximizing profits. The benefit corporation movement grew out of the business community – where social entrepreneurs felt that the traditional corporate...