Nonprofit Issues - Nonprofit Law You Need to Know

What is Nonprofit Issues?
A one-stop place to answer your questions of nonprofit law and governance and help you avoid costly legal errors.

Practical tips to reduce the risk of litigation from Editor Don Kramer, a Philadelphia lawyer with more than 35 years of experience representing nonprofits.

Regular e-letters to keep you up-to-date with the latest developments.

Searchable archive to answer your questions 24/7,including more than 100 easy-to-read Ready Reference Pages that tell you what you need to know about nonprofit law.Have a question? Ask Don.

Discounts on asking Don Kramer your own questions during Talk with the Editor telephone calls and our webinar presentations.

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IN THE BOOKSTORE

Nonprofit Leadership and the Law
This comprehensive handbook is an important resource for board members and nonprofit administrators and their professional counselors.

Question of the Week
May 15-22, 2012

May 501(c)(3) use “restricted” funds for operational costs?

Our nonprofit puts the money that was left over at the end of the year into CDs. Some officers/board members insist on calling it a building fund. Can our organization use this money for operational costs if it is approved by the board?

Answer | Search all questions | Ask Don a question

Special Report - May 2012
PA Supreme Court Rejects Help
From Legislature in Defining Charity Read More

Webinar

Wednesday, May 16
1:30-2:30 PM ET

Avoiding the Adverse Consequences of UBIT:
Planning, Revising and Restructuring

This webinar will explore UBIT, how to define it, how to avoid it, and how to deal with the consequences of having “too much” of it.

Learn More | Register Today

Current Issue

Full Printable Version

Board Chair Is Personally Liable
For Failure to Pay Withholding Taxes
Court says role as line of credit lender to nonprofit
shows significant and substantial control over finances

PA Supreme Court Rejects Help
From Legislature in Defining Charity
Case will unsettle status of real estate tax exemptions
throughout the state as taxing authorities challenge rulings

University Entitled to Both Bequest
And Retirement Account On Death of Donor
Court says pension fund is non-testamentary asset
that passes separately by designation outside the will

Bankruptcy Code permits contributions up to 15% of aggregate income

Not all securities frauds are Ponzi schemes

New Jersey court unwilling to find non-delegable duty
Full Article

What’s the difference between void ab initio and voidable?

Failure to apply for job is fatal to discrimination complaint

Court allows former employee to pursue retaliation claim
Full Article

Appeals Court affirms UBIT on (c)(4)’s beach club and parking income

Foundation not liable for excise tax on reversion of pension plan
Full Article

Save the Dates

Talk with the Editor, May 24

Say That Again

Ready Reference Page No. 120
IRS Says No Need for More Reform
On Donor Advised Funds, Supporting Orgs
Report says present rules on deductions, payout rates, and time when gifts are complete are all appropriate

Ready Reference pages are summaries of major issues in nonprofit law and governance including:

Don Kramer answers readers questions.
Ask Don

Who has the responsibility for ensuring that a donor’s wishes are followed? Where is that in the Sarbanes-Oxley law? Answer

Tips on reducing risks of litigation and liability by Melanie Herman, Executive Director of the Nonprofit Risk Mangement Center, Washington, D.C.

Myths About Nonprofit Liability
and Risk Management

Clear explanations of financial and accounting issues for nonprofits.

Behind the Numbers
Development and accounting information disagrees?
Here is the solution!
By Eric Fraint

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None of the information on the Nonprofit Issues Website should be deemed legal advice or
should be acted upon without prior consultation with appropriate professional advisors.
Materials prepared by Nonprofit Issues contained in these pages is copyrighted by Nonprofit Issues, Inc., 2009-2012.

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Talk with the Editor May 24

Question of the Week May 15-22, 2012

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May 15-22, 2012