By NEO Law Group
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: Health of the U.S. Nonprofit Sector (Independent Sector) [Ed. Among the reported findings: 81% of nonprofits report struggling to raise enough funds to cover all their costs; 14 […]
The California Attorney General recently issued modifications to the proposed regulations governing the dissolution of charitable entities. As part of the rulemaking process, stakeholders were invited to submit written comments on the revised provisions. Below is the comment we submitted, focusing on practical implications for nonprofits navigating the dissolution and foreign registration requirements. “We submit […]
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: Unleashing the Superpowers of Executives: How Boards Can Help Us Soar (Monika Kalra Varma and Jamie Allison, BoardSource) How a State AG Can Short-Circuit A Fed Executive Order […]
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: Annual Report on State Enforcement and Regulation (National Association of State Charity Officials) Designing a Legal Framework to Encourage Nonprofit Success (Elizabeth Schmidt, De Gruyter Brill) Breaking: GoFundMe […]
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: Trump Team Plans IRS Overhaul to Enable Pursuit of Left-Leaning Groups: Effort would install Trump ally at agency’s criminal unit who has drawn up list of investigative targets […]