Duties of the Secretary of a Nonprofit Corporation
Mar 8, 2017 · The secretary of a nonprofit organization plays a critical role in fostering communication and ensuring proper management and utilization of important organizational …
Not All Tax-Exempt Organizations Are Entitled to Deductible Gifts
Jan 1, 2005 · Click here for a discussion of the difference between tax-exempt and tax-deductible on give.org’s website. Section 501 (c) (3) vs. Section 170 (b) (1) (A): Section 501 (c) (3) …
Purpose Statement – Nonprofit Articles of Incorporation
Oct 29, 2008 · A charity’s articles of incorporation must limit the corporation’s purposes to one or more of the exempt purposes set forth in Section 501 (c) (3) of the Internal Revenue Code: …
Governance Committee: 12 Key Tasks - Nonprofit Law Blog
Apr 14, 2018 · A nonprofit corporation is ultimately governed by its board of directors, but a board may create committees to assist in fulfilling the board’s duties. Among the most common and …
Nonprofit Directors and Officers – Not the Same Thing
May 14, 2019 · Many nonprofits fail to respect the differences between directors and officers. When an individual holds both the position of director (i.e., board member) and an officer …
Contracts vs. Grant Agreements - Nonprofit Law Blog
Sep 22, 2021 · When a nonprofit organization receives funding, it’s important for it to know if it should classify those incoming funds as receipts from a contract, or receipts from a grant. How …
Duties of the President and/or Chair of the Board - Nonprofit Law …
Apr 5, 2017 · Who’s in charge? This is a commonly asked question when structuring the governance and management of a nonprofit corporation. Is it the president or chair of the …
Nonprofit Board Member Conflicts of Interest
Apr 9, 2023 · 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 …
California Nonprofits: New Changes to the Corporate Laws
Oct 9, 2021 · California nonprofit corporations should be aware of Assembly Bill 663 (AB 663) that was signed into law on October 5, 2021. AB 663 deals with electronic transmissions (including …
Is Fiscal Sponsorship a Service Provided for a Fee? Why it isn’t and ...
Mar 3, 2023 · By Erin Bradrick and Josh Sattely Fiscal sponsorship is a growing part of the nonprofit sector and, when done properly, is an important and impactful tool for furthering …