By NEO Law Group
Many of us serve as volunteer board members of a charitable nonprofit organization. But some nonprofit board members get paid for their service. There are strong feelings about the propriety of compensating nonprofit board members that are worth exploring before arriving at any conclusions. The Law Federal tax laws...
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “Ukraine has already lost at least $1.5 billion in grain exports since the war began, the country’s deputy agriculture minister said recently. And Russia,...
Fiscal sponsors must respect laws related to protecting assets restricted to furthering the charitable purposes of specific projects . If funds intended for a particular internal (Model A) project are diverted and used for other purposes (e.g., the fiscal sponsor’s general operating expenses), there may be legal repercussions. This...
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “The Senate on Thursday confirmed Judge Ketanji Brown Jackson to the Supreme Court, making her the first Black woman to be elevated to the...
Erin and I teach a class we developed for Columbia University on the Business of Nonprofits. The class is part of the M.S. Nonprofit Management, and we think it provides a strong overview of the mix of common and/or important business and legal issues a nonprofit executive may encounter....
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “Russian President Vladimir Putin’s advisers are shielding him from how badly the invasion of Ukraine is going, top U.S. officials said Wednesday, as the...
We’ve written extensively on fiscal sponsorship on this blog and for others, including The Nonprofit Quarterly and the American Bar Association. Over the past few years, we’ve seen a great increase in interest in fiscal sponsorship, but also a rise in misconceptions and disputes, sometimes resulting from fiscal sponsors...
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “Virginia Thomas, a conservative activist married to Supreme Court Justice Clarence Thomas, repeatedly pressed White House Chief of Staff Mark Meadows to pursue unrelenting...
In 2021, California passed a new set of laws (referred to as AB 488) regulating charitable crowdfunding that go into effect on January 1, 2023. AB 488 makes changes to the Supervision of Trustees and Fundraisers for Charitable Purposes Act, which governs charitable corporations, unincorporated associations, trustees, commercial fundraisers,...
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “The fate of hundreds was uncertain after an attack destroyed a theater in Mariupol where they had sheltered. After Ukraine’s president pleaded with Congress...