Entering into a Fiscal Sponsorship Agreement
Golden State Lawyer | Nonprofit Law Blog
by NEO Law Group
1w ago
Fiscal sponsorship can be an effective and efficient alternative to starting and operating a new nonprofit organization. But there are great variations in how fiscal sponsorship relationships are established and memorialized in a written agreement. One of the first areas of confusion is who enters into the agreement with the fiscal sponsor. These are the common possibilities: Nonprofit organization without tax-exempt status Unincorporated association without tax-exempt status Individual For-profit entity Nonprofit organization with tax-exempt status Nonprofit corporation without tax-exempt s ..read more
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Nonprofit Tweets of the Week – 1/20/23
Golden State Lawyer | Nonprofit Law Blog
by NEO Law Group
1w ago
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “The Biden administration began “extraordinary measures” Thursday to prevent the federal government from breaching its debt limit and hurtling toward default, a grim scenario with the potential to destabilize markets and devastate the economy.” Washington Post “If Affirmative Action Ends, College Admissions May Be Changed Forever Schools may need to rethink everything, including recruitment, scholarships, standardized testing and alumni preference ..read more
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Nonprofit Governance: Board Composition
Golden State Lawyer | Nonprofit Law Blog
by NEO Law Group
1w ago
A nonprofit corporation’s board composition is a critical part of its governance. And many nonprofits devote substantial resources (including time) to development of a skills and background matrix, recruitment, and orientation. But a great many nonprofits do not. Too often, board members are simply asked to think of good people to invite or the executive is expected to provide all of the suggested candidates, and little resources are invested in cultivating future board members. For a nonprofit whose leaders, employees, volunteers, and beneficiaries value equity, or for a nonprofit whose missi ..read more
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Nonprofit Tweets of the Week – 1/13/23
Golden State Lawyer | Nonprofit Law Blog
by NEO Law Group
2w ago
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “House Republicans are set to steer the country toward a series of fiscal showdowns as they look to force the White House to agree to massive spending cuts, threatening a return to the political brinkmanship that once nearly crippled the economy and almost plunged the U.S. government into default. The prospect for a catastrophe rose dramatically after conservatives brokered a deal with Rep. Kevin McCarthy (R-Calif.) that clinched his election as t ..read more
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Nonprofit Radio: Gene & Amy’s 2023 Outlook
Golden State Lawyer | Nonprofit Law Blog
by NEO Law Group
2w ago
I recently joined fellow Nonprofit Radio contributor Amy Sample Ward in conversation with host Tony Martignetti about what we expect to see in the new year. Listen to the podcast here. Our esteemed contributors, Gene Takagi and Amy Sample Ward, reveal what they’re thinking about for the New Year. We’re talking about Twitter, donor advised funds, fiscal sponsorship, and illegal activities. Gene comes to us from NEO Law Group, and Amy is CEO of NTEN. Twitter Amy started us off with the timely topic of nonprofits and Twitter. Should nonprofits stay on or leave? What are some of the risks now th ..read more
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Online Fundraising: California Proposed Regulations – Article 1
Golden State Lawyer | Nonprofit Law Blog
by NEO Law Group
3w ago
In 2021, California passed a new set of laws (referred to as AB 488) regulating charitable crowdfunding that go into effect on January 1, 2023. The state’s Department of Justice (DOJ) initially proposed regulations implementing AB 488 in May 2022, but following comments and feedback at a public hearing in July, the DOJ proposed modified regulations on November 21, with a comment period that ended on December 7. There have been substantial revisions. Not surprisingly, the DOJ proposes to delay the effective date of the new and modified regulations to January 1, 2024. Below are some ge ..read more
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Nonprofit Tweets of the Week – 12/30/22
Golden State Lawyer | Nonprofit Law Blog
by NEO Law Group
1M ago
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “‘Tragic Battle’: On the Front Lines of China’s Covid Crisis Medical staff are outnumbered and working sick as the nation’s health care system buckles under the strain of a spiraling crisis.” NY Times “There was a time – a recent time – when concern about the environment was relatively bipartisan, not a cultural flashpoint. ... Those days are gone, and today a wide range of misleading statements and outright lies about the reality of human-caused ..read more
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10 Significant News Events of 2022
Golden State Lawyer | Nonprofit Law Blog
by NEO Law Group
1M ago
In 2022, a war began in Europe, the Supreme Court ended nearly 50-years of precedent by overturning Roe v. Wade, inflation rose, and climate change continued to be one of the defining issues of our time. Here is our list of 10 significant news events of 2022 affecting the nonprofit sector in the United States, and a few links discussing each: Russia Invades Ukraine – Conflict in Ukraine (Global Conflict Tracker); All Eyes on Ukraine – How Americans Are Responding to the Crisis (Fidelity Charitable); The Racial Politics of Solidarity with Ukraine (Nonprofit Quarterly) U.S. Supreme Court Over ..read more
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Nonprofit Tweets of the Week – 12/16/22
Golden State Lawyer | Nonprofit Law Blog
by NEO Law Group
1M ago
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “Scientists studying fusion energy at Lawrence Livermore National Laboratory in California announced on Tuesday that they had crossed a long-awaited milestone in reproducing the power of the sun in a laboratory. ... The result announced on Tuesday is the first fusion reaction in a laboratory setting that actually produced more energy than it took to start the reaction.” NY Times “Musk Shakes Up Twitter’s Legal Team as He Looks to Cut More Costs Tw ..read more
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Best of the Nonprofit Law Blog 2022
Golden State Lawyer | Nonprofit Law Blog
by NEO Law Group
1M ago
2022 was the year many of us treated as the one that followed the COVID pandemic, even though that’s not true at all. It was the year of the midterm elections, scary inflation figures, huge corporate profits, ever-continuing gun violence, the Russian invasion of Ukraine, and increasing skepticism of policies that allow for and encourage the creation of billionaires who control much of what impacts everyone else. Here are some highlights and articles from the Nonprofit Law Blog over the past year: Governance Restatement of the Law: Duty of Loyalty More on Purpose-Driven Board Leadership Compens ..read more
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