By NEO Law Group
A nonprofit corporation’s board composition is a critical part of its governance. And many nonprofits devote substantial resources (including time) to development of a skills and background matrix, recruitment, and orientation. But a great many nonprofits do not. Too often, board members are simply asked to think of good people to invite or the executive […]
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: “On Tuesday, President Joe Biden signed the Inflation Reduction Act into law. It is no exaggeration to say that his signature immediately severed the history of climate change in America […]
This post on fiscal sponsorship exits follows our first post focused on the selection of a successor and absence of an agreement regarding termination of the relationship between the fiscal sponsor and a Model A project’s leadership. Here, we focus on reasons for the termination that create problems. Poor Fit It’s not uncommon for a […]
Congratulations on your first year as a nonprofit corporation exempt under Section 501(c)(3) of the Internal Revenue Code! Your first anniversary is a notable milestone and a chance to take a quick look back as it relates to moving forward with impact and compliance. This post is written partly in response to some very high-profile, […]
Nonprofits with compensated workers must respect applicable laws governing the distinction between employees and independent contractor. Getting it wrong can result in significant risk exposure to the organizations and even personal liability to board members. For example, nonprofits that misclassify workers as independent contractors may be responsible for unpaid payroll taxes, interest, and penalties (and […]
Nonprofits with environmental missions are actively working to educate the public, advocate for behavioral and policy changes, and create innovative solutions to address the climate change crisis. But despite their efforts, and those of millions of individual advocates, the outlook remains dire. Not enough is being done … even though we already have the solutions, […]
I recently spoke with Tony Martignetti on Nonprofit Radio about the legal outlook for 2022. Here are some areas we discussed along with some bonus areas and additional resources – Technology Trends Cryptocurrency Nonprofits Get a New Type of Donation: Cryptocurrency (NY Times) How Your Nonprofit Can Accept Gifts Of Cryptocurrency (Forbes) Mozilla stops accepting cryptocurrency, Wikipedia […]
2021 was another difficult year for much of the world and for the nonprofit sector. But it brought us greater recognition of our existing critical challenges, including climate change, systemic racism, and preservation of our democracy. Here are some highlights and articles from the Nonprofit Law Blog over the past year: Governance Purpose-Driven Board Leadership, […]
The 25th Western Conference on Tax Exempt Organizations takes place virtually on Thursday and Friday, December 2-3, and I’m very excited to be moderating a session on Becoming an Anti-racist Organization: Legal Issues. The session features an esteemed panel: Chai Feldblum, Lauren Haverlock, Jean Tom, and Cherie Williams. Register for the WCTEO here (a bargain […]
In the past week, ConstitutionDAO raised over $45 million to bid for a first edition copy of the United States Constitution. Ultimately, they did not win the auction held by Sotheby’s on Thursday, but they put the power and influence of DAOs on the map with heavy national news coverage. Notice from ConstitutionDAO We did […]