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...
Nonprofit Resources of the Week – 9/8/24
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...
Prudent Investments: UPMIFA and Climate Change
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...
Nonprofit Resources of the Week – 9/1/24
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...
More on Nonprofits and Climate Change
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...
Nonprofit Resources of the Week – 8/25/24
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...
Nonprofit and Exempt Organizations Law Practice
Many attorneys who work in the nonprofit and exempt organizations (“NEO”) practice area never knew this was a distinct area of law around which they could build a practice. I published a post 12 years ago about my journey and work as an attorney for nonprofits (now in need...
Nonprofit Resources of the Week – 8/18/24
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: Candid’s 2024 Nonprofit Compensation Report: Executive compensation is on the rise, but not for everyone (Candid) Grant Makers, Here’s How to Support...
Nonprofits and 12 Current Trends
Nonprofit leaders can and do react to current conditions in developing their plans and advancing their organizations’ missions. Effective leaders also proactively prepare for the future while looking back for lessons and context. Among the many trends and forces for the future worthy of consideration: Many nonprofits have adopted...
Nonprofit Resources of the Week – 8/11/24
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: 10 Major Legal Threats to U.S. Civil Society (International Center for Not-for-Profit Law) Study Concludes TCJA Reduced Charitable Giving by $20 Billion...