By NEO Law Group
One June 15, I attended Champions for Change: How to Orchestrate Strategic Level Transformations presented by Susan Meier of BoardSource for the Center for Excellence in Nonprofits. Susan began by providing us with three examples of for-profit corporations that either successfully transformed or failed to transform, setting the stage for an examination of nonprofit governance […]
What begins as a revenue generating idea for a nonprofit can sometimes develop into a larger endeavor, possibly requiring consideration of a subsidiary to house the planned activities. Many times, these are activities that mix social and business purposes, and the programs or entities that operate them are often referred to as social enterprises. The […]
The IRS Exempt Organizations Division 2011 for its Fiscal Year 2011 was released last month. The new year is a good time to review the Division’s priorities and how they might impact your organizations. The Division will support five overarching IRS focus areas: Impact of Recent Legislation. The Affordable Care Act (ACA), the Hiring Incentives to […]
An organization that is implementing or revisiting its major gifts program should take advantage of that initiative as an opportunity to weave in best practices and other preventative measures that promote legal compliance and help avoid lawsuits. Some of the considerations should include preventing donor intent disputes and communication problems, seeking the help of experts […]
The board of directors of a nonprofit corporation is generally empowered to create committees at its discretion, subject to the nonprofit corporation’s bylaws and the laws of the state of incorporation. While committees can be utilized to alleviate the board of some tasks and help increase efficiency, committee formation should not be taken lightly or […]
Improved Service to Achieve Voluntary Compliance Preparing and Helping to File the Form 990 (speeches, workshops, tax forums) Form 990-N (e-Postcard) Guidance (including proposed regulations on (i) new requirements for supporting organizations, and (ii) excise taxes on donor advised funds; and final regulations on excise taxes on prohibited tax shelter transactions and related disclosure requirements) Exempt […]
For the third consecutive year, I attended the CAN Annual Conference and was again rewarded with excellent presentations, workshops and networking opportunities. I was particularly impressed with the workshop "The Accountability Challenge: What’s Right for Your Organization?" led by CAN Executive Director Flo Green, and the two lunchtime plenaries: "Beyond Tomorrow: The Future of Foundation […]
The March 10, 2005 issue of the San Francisco Chronicle included an article entitled “$1.1 million in dubious spending by nonprofits.” The article stated that state auditors called into question more than $1.1 million in spending from state grants and that they concluded that the state lacks adequate safeguards to ensure that grant money is […]
The highlights: Ed Howard, Chief Consultant, Senate Government Modernization Efficiency and Accountability Committee, invited attendees to send him e-mails with proposed changes in the Code as a vehicle for initiating changes in state law to assist the nonprofit community. David Muraki, Deputy Director, California Service Corps, described the State’s plan to create a comprehensive, State-wide […]
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: Nonprofit Champion | April 8, 2024 (National Council of Nonprofits) Last week, the federal Office of Management and Budget (OMB) released its major rewrite of the Uniform Guidance, the […]
You must be logged in to post a comment.