By NEO Law Group
It would have been difficult to avoid the onslaught of news and related commentary over the last couple of months regarding the IRS scandal involving the criteria used to identify tax-exemption applications for review. But it now looks like the IRS is taking steps to overhaul its internal review process and to repair its […]
Highlights from the morning sessions of Day Two of the 2013 Private Foundation National Conference in Seattle below. BREAKING NEWS: Greg Colvin's Committee housed within Public Citizen drafted a proposal on clarifying IRS rules on political intervention. See Bright Lines Project (just published yesterday). Direct Charitable Activities – Jody Blazek and Jane Searing A […]
Dan Pallotta blew the roof off at TED 2013 with his talk about why The Way We Think About Charity is Dead Wrong (over 850,000 views and counting). Dan spoke passionately about the inability of the nonprofit sector to solve some of the society's greatest problems (e.g., poverty has been stuck at 12% for the last […]
Here are our top 10 events of 2012 affecting the nonprofit sector (listed in chronological order): Hull House Closure Komen for the Cure-Planned Parenthood Controversy Facebook Goes Public Reinstatement of University of Virginia’s President Affordable Care Act Degrees in Philanthropic Studies Lance Armstrong Stripped of Cycling Medals U.S. Presidential Election Shooting at Sandy Hook Elementary […]
A 501(c)(3) organization may be organized and operated exclusively in furtherance of an educational purpose, but it is unclear to many startups what qualifies as educational. The first place to look is Treasury Regulation Section 1.501(c)(3)-1(d)(3), which provides that educational relates to: (a) The instruction or training of the individual for the purpose of improving or […]
Here are our top 10 events of 2011 affecting the nonprofit sector (listed in chronological order): The Arab Spring NPR fundraising scandal The Great East Japan Earthquake 275,000 organizations lose tax-exempt status Mortensen and the ‘Three Cups of Tea’ scandal 501(c)(4) gift tax examinations halted Occupy Wall Street Steve Jobs dies Corporate Flexibility Act of […]
Last Friday, I had the pleasure of discussing the political campaign activity prohibition on public charities with Tony Martignetti on Nonprofit Radio. The recorded version is available online and can also be downloaded in iTunes. Below are some main highlights from the show and additional follow up: Internal Revenue Code Section 501(c)(3) Prohibition on Electioneering 501(c)(3) […]
"Stay Hungry. Stay Foolish." – S. Jobs. Here are some of my favorite posts of the week in the areas of nonprofit organizations, corporate governance, philanthropy, and social enterprises: robreich: Steve Jobs, 1955-2011 Re-visit his amazing speech: 'Your time is limited, so don't waste it living someone else's life' bit.ly/oC6T76 [Ed. – I also like […]
This is the second part of our two-part series on board meeting minutes. The previous post, “Board Meeting Minutes – Part I” can be viewed here. The content and retention of board meeting minutes are also important in part because of who may inspect the minutes and why such inspection may occur. Directors Under the California […]
Last year we wrote on the Top 10 Events of the Decade. This year we decided to do another list on the Top 10 events of 2010 affecting the nonprofit sector (listed in chronological order). We welcome your additions in the comments. Have a happy holiday season! Haitian earthquake and social media relief effort Citizens […]