By NEO Law Group
I had the pleasure of attending and speaking at the 2024 Nonprofit Management Institute – What’s Next for the Social Sector? – hosted by the Stanford Social Innovation Review. The future is uncertain. But that doesn’t mean you can’t prepare for it, or help to shape it. At this year’s Nonprofit Management...
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Resources of the Week. Notable Nonprofit Posts, Articles, & Other Resources: Nonprofits, Legal Experts React to the Fearless Fund Decision to Shutter Grant Program to Black Entrepreneurs (Alex Daniels, Chronicle of Philanthropy) [Ed....
The IRS recently published three Technical Guides on supporting organizations, one for each of the types describing the relationship between the supporting organization and its supported organization(s). A supporting organization (“SO”) is described in Section 509(a)(3) of the Internal Revenue Code as a category of 501(c)(3) organizations that does...
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Resources of the Week. Notable Nonprofit Posts, Articles, & Other Resources: Fearless Fund settles with DEI foes, ends grant program for Black women (Julian Mark and Taylor Telford, Washington Post) Fearless Fund Drops...
We have previously written about prudent investment rules that apply to charities with respect to their institutional funds (including endowment funds) under the Uniform Prudent Management of Institutional Funds Act (UPMIFA), including here. One of the important factors in selecting and managing investments is the amount that is intended...
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Resources of the Week. Notable Nonprofit Posts, Articles, & Other Resources: The state of diversity in the U.S. nonprofit sector (Clerkin, C., Diomande, M., Koob, A., Candid) Proposed Restrictions on Foreign Grantmaking by...
Charitable nonprofits organizations (“charities”) are subject to state prudent investment laws as we have previously written about here. The most important of these laws is the Uniform Prudent Management of Institutional Funds Act (UPMIFA) applicable in 49 states (all except Pennsylvania) and DC. UPMIFA and Management and Investment Factors...
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Resources of the Week. Notable Nonprofit Posts, Articles, & Other Resources: Understanding “New Power” (Jeremy Heimans and Henry Timms, Harvard Business Review) Nonprofit Explorer Now Shows Which Organizations Are Trending (Brandon Roberts, Pro...
I’ve been writing and speaking on the responsibilities of virtually all nonprofits and their leaders to consider climate change (and pollution) in planning and decision-making. See, for example, What’s Your Nonprofit Doing to Fight Climate Change? Expectedly, I’ve received some push back from attorneys and others about the requirement...
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Resources of the Week. Notable Nonprofit Posts, Articles, & Other Resources: Before the Exposé Hits the Front Page (Joan Garry, Stanford Social Innovation Review) [Ed. The subheading: “Nonprofits need to plan for crises...