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  • Article

    Top Ten Things A New Nonprofit General Counsel Should Investigate

    The honeymoon phase does not last long for a new general counsel (GC)—on day one of your new job, you are going to start learning about all those things that could not be disclosed during the courting phase, whether out of concern for protecting the attorney-client privilege or out of concern for not scaring you away.
    United StatesLitigation, Mediation & Arbitration
    Venable LLP
    Venable LLP
  • Article

    How Much Money Must You Give To Charity If You Induce People To "Donate"?

    The headline on the homepage of the Omaze website says "Win [Something Great] and help [Worthy Cause]". You hit the enter button and go to a page describing the prize, the intended beneficiaries...
    United StatesMedia, Telecoms, IT, Entertainment
    Frankfurt Kurnit Klein & Selz PC
Frankfurt Kurnit Klein & Selz PC
  • Article

    NIL Summer Update

    While there may not be many college sports on TV this month, developments continue non-stop in the area of name, image, and likeness.
    United StatesMedia, Telecoms, IT, Entertainment
    Duane Morris LLP
    Duane Morris LLP
  • Article

    Employer Identification Numbers: What Nonprofits Should Know

    With special thanks to Lauren Swerdloff, Erin Walczewski, Tracey Christofferson Sullivan, and Amanda Hartman for their contributions.
    United StatesTax
    Cooley LLP
    Cooley LLP
  • Article

    Estate Planning Issues To Consider Before Selling Your Business

    Estate planning is often associated with individuals making end-of-life decisions about finances and how their assets should be transferred and maintained for the benefit of their family members.
    United StatesTax
    Davis+Gilbert LLP
    Davis+Gilbert LLP
  • Article

    IRS Releases FAQs Clarifying 2006 Form 990 For Exempt Organizations

    On April 26, the Internal Revenue Service (IRS), in a significant tax planning and governance development for exempt organizations, released new "FAQs" supplementing the instructions for the 2006 Form 990 (that is, the Form 990 used as the tax return for the fiscal year beginning in 2006).
    United StatesTax
    McDermott Will & Emery
    McDermott Will & Emery
  • Article

    Apostilles: What Global Nonprofits Need To Know

    Your nonprofit’s foreign subsidiary or country branch office just lost its authorized bank signatory with a local transition of management or the board. The local bank won’t release funds to the new signatory until it sees a board resolution — apostilled.
    GlobalCorporate/Commercial Law
    Outside GC
    Outside GC
  • Article

    IRS Clarifies Policies On Nonprofit Compliance

    The IRS has recently redesigned the Form 990 to increase nonprofit transparency and compliance.
    United StatesAccounting and Audit
    Dorsey & Whitney LLP
    Dorsey & Whitney LLP
  • Article

    The CFPB And Future Of Credit Counseling

    As the Consumer Financial Protection Bureau continues to announce enforcement actions and regulatory changes to the consumer financial legal landscape, there are some signs about how the Bureau will look at credit counseling services.
    United StatesConsumer Protection
    Venable LLP
    Venable LLP
  • Article

    All Eyes On Performance: How To Make Data Analytics Work For You

    Your not-for-profit organization is accountable to many constituents, including donors, volunteers and the people you serve.
    United StatesCorporate/Commercial Law
    ORBA
    ORBA
  • Article

    Busted: Nonprofits Will Have To Pay The Photography Piper

    A nonprofit that is strapped for cash needs an image for its website. Its web designer does a quick online search, a simple cut and paste, and voilà—photographs for the website, free and easy.
    United StatesCorporate/Commercial Law
    Venable LLP
    Venable LLP
  • Article

    California, Commercial Co-Ventures And Charitable Fundraising Platforms, Oh My!

    As of January 1, 2023, commercial co-venturing and other types of cause marketing activities in the state of California are going to get a bit more complicated.
    United StatesCorporate/Commercial Law
    Frankfurt Kurnit Klein & Selz PC
    Frankfurt Kurnit Klein & Selz PC
  • Article

    Corporate Sponsorship Money: Is It Taxable?

    Not-for-profit organizations have pursued corporate sponsorships for years, with good reason.
    United StatesCorporate/Commercial Law
    ORBA
    ORBA
  • Article

    Cost Cutting Measures for Non Profit Organizations

    As the recession abates, most institutions are still struggling to generate adequate revenues.
    United StatesCorporate/Commercial Law
    LarsonAllen LLP
    LarsonAllen LLP
  • Article

    Effective Altruism Gains Momentum: Donors Are Looking For The Most Bank For Their Buck

    Proponents of so-called "effective altruism," also known as strategic giving, have gained footing in recent years.
    United StatesCorporate/Commercial Law
    ORBA
    ORBA
  • Article

    Federal Court Applies Charitable Organization Exemption In Telephone Consumer Protection Act Case

    The Situation: A federal court recently weighed in on some of the considerations involved in applying the Telephone Consumer Protection Act's ("TCPA")...
    United StatesCorporate/Commercial Law
    Jones Day
    Jones Day
  • Article

    Five Ways To Boost Your Not-For-Profit’s Income

    With donor contributions continuing to lag for many not-for-profits, you may be looking for ways to make up the difference in income.
    United StatesCorporate/Commercial Law
    ORBA
    ORBA
  • Article

    Fixing The Overhead Myth

    Buying into the overhead myth can jeopardize an organization in several ways.
    United StatesCorporate/Commercial Law
    Armanino
    Armanino
  • Article

    How Not-For-Profit Watchdogs Rate Your Organization

    Watchdog organizations that patrol not-for-profits have been around for several years.
    United StatesCorporate/Commercial Law
    ORBA
    ORBA
  • Article

    Incorporating As A Benefit Corporation: Talking To Shareholders

    If you're ready to take your organization to the next level and formalize your commitment to public good, then incorporating as a benefit corporation is the right move for you.
    United StatesCorporate/Commercial Law
    TMF Group BV
    TMF Group BV
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