The Delaware public benefit corporation bill was signed into law this week, a momentous one for me personally as well. Have a listen to Daft Punk's (and Nile Rodgers') Get Lucky while perusing this week's tweets: Carrie Garber Siegrist: … Finding a path to better charity oversight http://ow.ly/n4hiR...
Delaware Public Benefit Corporation Signed Into Law
Yesterday, Delaware Governor Jack Markell signed Senate Bill 47, creating a new corporate form called the public benefit corporation. Delaware is the 19th state to enact benefit corporation legislation, which enables business leaders to consider public interest and societal impact in addition to profit when making business decisions. Delaware...
Drinking for a Cause
A San Francisco group, United Libations, recently announced that it was looking to create the city’s first nonprofit bar. It sounds like such a great idea – who wouldn’t want a portion of the price of their cocktail going to a charitable cause? But before you rush out to...
Nonprofit Tweets of the Week – July 12, 2013
Yesterday, we were inspired by Premal Shah, President of Kiva, who spoke at an event sponsored by AllianceBernstein and participated in a briefing held by the National Network of Fiscal Sponsors. Listen to Sweedish House Mafia's Save the World Tonight as you peruse this week's tweets: Gene:...
Legal Issues Facing Nonprofit Start-up Organizations – Foundation Center, San Mateo
Our Senior Counsel Erin Bradrick will be speaking on Legal Issues Facing Nonprofit Start-up Organizations today from 4 – 5 p.m. at the San Mateo Public Library. Register here. Topics will include: Considerations before starting a nonprofit Incorporating with the state Applyiing for 501(c)(3) tax-exempt status Typical legal issues...
Overhead Myth: Thoughts from a Nonprofit Attorney
On June 17, 2013, the CEOs of GuideStar, Charity Navigator, and BBB Wise Giving Alliance signed a letter to the Donors of America denouncing the “overhead ratio” as a valid indicator of nonprofit performance. Leading commentators applauded the move even while some noted that charity ratings organizations, like...
Nonprofit Tweets of the Week – July 5, 2013
We hope you all had a wonderful Independence Day! Have a listen to two great but very different songs – Ray Charles' America the Beautiful and Martina McBride's Independence Day - while perusing this week's collection of tweets: CalNonprofits: Nonprofits are the 1st Amendment incarnate! http://bit.ly/17Uyevr Melissa Mikesell:...
Nonprofit Tweets of the Week – June 28, 2013
Tony and I will be continuing our discussion about Dan Pallotta's viral TED video on Nonprofit Radio today at 10:30 am PT / 1:30 pm ET. That will lead into further discussion about the Overhead Myth movement and the new Oregon law that provides the Attorney General with discretion...
IRS Offers Fast-Track Determination Process for 501(c)(4) Applicants
It would have been difficult to avoid the onslaught of news and related commentary over the last couple of months regarding the IRS scandal involving the criteria used to identify tax-exemption applications for review. But it now looks like the IRS is taking steps to overhaul its internal...
Nonprofit Tweets of the Week – June 21, 2013
First day of summer! Have a listen to Best Coast's The Only Place while perusing this week's tweets: Nick Kristof: This is good reporting, and painful to read: CNN on America's 50 worst charities Guidestar: Launching a campaign to end the Overhead Myth http://wp.me/p2fHhO-Jh Independent Sector: It's Time...