By NEO Law Group
Here are some of my favorite posts of the week: GTak: IRS Governance Check Sheet for Charities – http://is.gd/b3JzZ and Instructions – http://is.gd/b3JGf GTak: New IRS Publication – Tax on Unrelated Business Income of Exempt Organizations http://is.gd/bbnVw (Mar 2010) joe_brown: The Fine Print: BGCA [Boys and Girls Club of America] Executive Pay Update http://bit.ly/bkGfaB L3C_RickZ: […]
Here are some of my favorite posts of the week: GTak: 50 Fascinating Lectures for Humanitarians – http://is.gd/914W9 BoardSource: Senate Passes Jobs Bill That Includes Tax Credit for Nonprofit Employers http://tinyurl.com/ydwpfj4 rosettathurman: Why Don’t More Members of Gens X and Y Join Boards? http://ow.ly/1biAB acumenfund: How do you recognize a linchpin? The indispensable listeners, doers, […]
Here are some of my favorite posts of the week: GTak: Fiscal sponsorship – it's more than you think – http://is.gd/8kufd (Sarah Todd, Georgia Center for Nonprofits) GTak: L3C: Useless Gadgets? http://is.gd/8sYcY (American Bar Association Business Law Today – Nonbinding Opinion) GTak: Program-Related Investment Promotion Act of 2009 – L3Cs seek IRS recognition of ability to […]
Here are some of my favorite posts of the past week: GTak: If Your Organization Has Second Thoughts About Filing That Complicated Form 990 … – http://is.gd/81IMd (Charity Governance Blog) GTak: For L3C companies, profit isn't the point http://is.gd/7ZfM3 (CNN Money) p2173: This is paper #3 in the MacArthur series on philanthropy strategies Changing the […]
Here are some of my favorite tweets from the past week: GTak: Why hybrid corps? Blended value missions are not protected by traditional corp laws. Typical mission anchors are not rock solid. GTak: Vermont BSR Legislative Initiative: For-Benefit Corporations - http://is.gd/7JyWc GTak: Changing Ecosystem of Change: B-certified Corp, Benefit Corp, Flexible Purpose Corp, L3C. Thanks @p2173, […]
Here are some of my favorite tweets of the past week: GTak: Hybrids: B corporation … L3C … H corporation? http://bit.ly/4X9NZq (Cal Lawyer); http://bit.ly/8nLMoN (Katovich Law) GTak: CA FTB Update: Sending revocation letters to nonprofits that have been suspended – if revoked, need to reapply w/Form 3500 (not 3500A) GTak: CA AG Update: Franchise Tax Board will be notified of suspension/revocation of […]
One of most well-known and respected bloggers on philanthropy, Sean Stannard-Stockton, launched a new venture on August 31: Tactical Philanthropy Advisors. Sean intends to operate as a B Corporation, but his site shows that he considered the nonprofit form. Here's his explanation of why TPA ultimately chose a for-profit structure: We chose a for-profit legal structure because […]
On August 28, 2009, at the Seize the Moment conference on ethnic and community news media sponsored by the Renaissance Journalism Center and ZeroDivide, I co-presented a program on "The Nonprofit Option." My co-presenter was Clarisa Morales Roberts, Executive Director of Independent Arts & Media, who provided a passionate operational perspective to the program. Synopsis: There has been a […]
Here are some of my predictions for 2009: Many nonprofits will disappear. Paul C. Light, Paulette Goddard Professor of Public Service, New York University, predicted that more than 100,000 nonprofit groups nationwide (10%) will fail within the next two years, including a few "big brand-name nonprofits." Professor Light made his prediction at a forum - The Economic […]
The Advanced Legal Seminar given at the Council on Foundations Conference featured Lisa Johnsen of Kirkpatrick & Lockhart Preston Gates Ellis; Marcus Owens of Caplin & Drysdale and former head of the Exempt Organizations division of the IRS; LaVerne Woods of Davis Wright & Tremaine and Chair of the American Bar Association Section of Taxation […]