On January 21, 2010, the United States Supreme Court ruled in Citizens United v. Federal Election Commission that corporations (including nonprofit corporations and unions) may make direct expenditures on political advertising in support of or in opposition to a candidate for public office. While nonprofit leaders and commentators are...
UPMIFA: One Year Later
On January 14, 2009, Jill S. Dodd of Manatt, Phelps & Phillips, LLP and Bert W. Feuss of the Silicon Valley Community Foundation presented "UPMIFA: One Year Later" for the Northern California Planned Giving Council. UPMIFA is the acronym for the Uniform Prudent Management of Institutional Funds Act, which...
Tweets of the Week – 1/22/10
Here are some of my favorite tweets from the past week: GTak: Philanthropy and Charity Have Different Roles - http://is.gd/6uofr (Steve Gunderson – COF) philaction: What metrics should we be tracking to assess impact of donor advice on Haiti giving? Your thoughts (and data) please http://bit.ly/4yYx3a BoardSource: The Stevens Settlement: Good for Stevens,...
Nonprofit Mergers – Due Diligence Items
I had a nice opportunity today to talk with the folks at La Piana Consulting, a national firm dedicated to strengthening nonprofits and foundations, about nonprofit mergers from a legal perspective. La Piana Consulting was founded by David La Piana, a leading expert on strategic restructuring – including mergers,...
Tweets of the Week – 1/15/10
Here are some of my favorite tweets of the past week: GTak: Hybrids: B corporation … L3C … H corporation? http://bit.ly/4X9NZq (Cal Lawyer); http://bit.ly/8nLMoN (Katovich Law) GTak: CA FTB Update: Sending revocation letters to nonprofits that have been suspended – if revoked, need to reapply w/Form 3500 (not 3500A) GTak: CA AG Update: Franchise Tax Board...
10 New Year’s Resolutions for Your Board
The close of one year and start of a new year is a great time for reflection and resolution. Here is a list of 10 resolutions for your nonprofit board of directors to consider: Bonus Resolution (1/1/2026 Update): We will read more about Purpose-Driven Board Leadership and see how...
Tweets of the Week – 1/8/10
Here are some of my favorite tweets of the past week: GTak: @p2173 Bioviolence: a terrifying forecast. How should nonprofits prepare for trends we don't want to think about like terrorism & pandemics? GTak: IRS – Statistical Information About Tax-Exempt Organizations - http://is.gd/5Ox3w GTak: Q: What's a "church" under federal tax laws?...
Department of Treasury 2009-2010 Priority Guidance Plan
The joint Department of Treasury/IRS priority guidance plan for 2009-2010 (10/1/09 – 9/30/10) includes the following items of interest to tax-exempt organizations: Revenue procedure to provide terms for hosts of CyberAssistant software (used to generate Form 1023 exemption applications for a reduced user fee). Final regulations on the new...
Tweets of the Week – 1/1/10
Here are some of my favorite tweets of the past week: GTak: Getting It Done: Improving Nonprofit Performance http://is.gd/5FNX5 (Harvard Business School, 9/18/00) GTak: Charity Governance Blog's Nonprofit Scandal of the Year – http://is.gd/5FNHS and NY Times Editorial – http://is.gd/5FNNm GTak: Jeffrey Sachs: Our Millennium Challenges: environmental degradation, population change, extreme...
YouTube Contest: Win a Spot at the World Economic Forum in Davos
Advocacy remains one of the most effective tools for the nonprofits. YouTube is offering a chance to a citizen to address the 40th World Economic Forum Annual Meeting in Davos, Switzerland about why his or her cause matters. The theme of the Annual Meeting is a call to action: ...