By NEO Law Group
The deadline for responses to the Ways and Means Committee request for information regarding nonprofit political activities, inappropriate use of charitable funds, and rise in foreign sources of funding has been extended from Labor Day to Friday, September 8, 2023. We previously wrote on the politically biased request for information here. There have been a […]
Shortly after writing The Nonprofit Board You’d Love to Join, it seemed important to look at this issue from the other direction. The following is a list of ten attractive characteristics of a board member from the perspective of a charity: Ten Attractive Characteristics of a Nonprofit Board Member Deeply connected to the mission This is […]
A board member of a charitable nonprofit organization may find themselves in an awkward position where the board is voting on a matter in which the board member has a conflict of interest. Perhaps the matter has to do with contracting the board member or their company, paying the board member for some service they […]
This post follows up on our previously published post Nonprofit Law 101 for Journalists and is intended to provide additional information to journalists and news organizations about federal tax laws applicable to 501(c)(3) organizations and common state corporate and charitable trust laws applicable to charitable nonprofits. The brief answers to the following questions are simplified […]
Here are some of the highlights from 3 of the sessions at the ABA Exempt Organizations Committee meeting held on February 10, 2023 as part of the ABA 2023 Midyear Tax Meeting. What’s New, IRS? Whoa-oa-oa-ah! Representatives from the IRS and Treasury Department will discuss topics of current interest to exempt organizations practitioners Climate Change […]
I recently spoke with Tony Martignetti on Nonprofit Radio about the erosion of public trust in nonprofits. This follows a recent post we published on Nonprofits: The Impact of Law on Trust. Here are some highlights of our discussion (listen to the program to hear much more) as well as some additional thoughts: The importance of public trust […]
The American Bar Association Tax Section’s Exempt Organizations Committee held an Exempt Organizations Symposium virtually on September 8, 2022. We’ll publish some highlights in multiple posts starting with this one. Subcommittees on Political and Lobbying Activities of Exempt Organizations and Religious Organizations Family Research Council (FRC) obtained recognition of church status by the IRS. Churches […]
Nonprofit leadership is old. Literally. In age and in thinking. And the world is changing faster than these leaders can respond or get ahead of in part because they lack diverse perspectives and aren’t prioritizing the engagement of younger generations. When I suggested the engagement of younger persons (my reference for Millennials and Gen Z) […]
Multiple Vehicles for Individual Philanthropy Anyone can dream … but I’m not convinced this is necessarily a dream scenario. Aspiring to be a billionaire appears to come with difficult concessions, serious risks, and major changes to relationships and activities. But at first blush, it sounds cool to be able to give or spend money to […]
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, […]