By NEO Law Group
When a nonprofit organization receives funding, it’s important for it to know if it should classify those incoming funds as receipts from a contract, or receipts from a grant. How the funds are categorized can lead to very different outcomes for the nonprofit organization. For example, the characterization will affect the category of expense or […]
Indemnification in the context of nonprofit bylaws generally refers to how the nonprofit will protect its directors and other agents in the event they are sued for acting in their capacity as agents of the nonprofit. More specifically, indemnification is an assurance by the organization to make good an individual or group of individuals against […]
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: “Two explosions killed dozens of people, including at least 13 U.S. troops, ripping through the crowds outside Afghanistan’s main airport on Thursday, just hours after Western governments had warned of […]
Nonprofits must of course be aware of and compliant with applicable anti-discrimination laws. The first law we’ll review in this area is Title VII of the Civil Rights Act of 1964. Employment Discrimination Title VII protects employees and job applicants from employment discrimination based on race, color, religion, sex, pregnancy (and pregnancy-related conditions), sexual preference […]
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 federal ban on evictions expires Saturday [July 31], marking a new, worrisome phase in the race to keep people in their homes amid the slow trickle of emergency rental […]
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: “Senate Majority Leader Charles E. Schumer (D-N.Y.) on Thursday sought to move lawmakers one step closer to debating and potentially passing roughly $4 trillion in new federal spending, announcing his […]
Following up on our post on the recently published Leading With Intent: BoardSource Index of Nonprofit Board Practices, we explore some of the findings highlighted in BoardSource’s companion report Leading with Intent: Reviewing the State of Diversity, Equity, and Inclusion on Nonprofit Boards. Key Findings Boards may be getting slightly more diverse, but they are far […]
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 battle over access to the ballot is entering a precarious new stage. Democrats and civil-rights groups are pursuing a two-track strategy to preserve their embattled hopes of passing federal legislation […]
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: “ProPublica has obtained a vast trove of Internal Revenue Service data on the tax returns of thousands of the nation’s wealthiest people, covering more than 15 years. The data provides […]
Georgetown Law held its 38th Annual Representing and Managing Tax-Exempt Organizations conference (virtual edition) last month. Among the sessions at the conference was Legal and Tax Issues for Foreign Offices and Affiliates presented by Stephanie Biden, Ricardo A. Castro, and Curtis Saueressig. Below are some of the many highlights from their presentation: At the Front End Determine […]