July 1-15, 2004

Welcome to Our Online Edition

The following newsletter articles are available to subscribers or for individual purchase. Non-subscribers can read the previews or subscribe.

Senate Finance Committee Hearing Seeks
“To Bring Real Reform in the Nonprofit Sector”

IRS has already begun initiatives to tighten oversight
on compensation, governance, and cooperation with states

Full Article (free)

Foundation May Suspend Grants to Theater
But May Not Make Grants Elsewhere

Court says trustees have not shown
that it is impracticable to continue distributions

Free Preview | Full Article

Court Must Approve Reimbursement Provision
When Contract to Sell Assets Is Disapproved

Court’s refusal to approve sale does not invalidate
entire agreement but reimbursement provision must be reasonable

Free Preview | Full Article

Ready Reference Page Senate Committee’s White Paper Proposes
Vast Expansion of Federal Power Over Charities
Preview | Full Text

Issues Notes

Kramer to participate in Barnes discussion
Thursday with the Editor, July 29, 1:00 ET
Want to promote a new Member Benefit?

To the Point

Our synagogue wants to acquire several bank certificates of deposit for different terms. Our president and financial secretary will be the signatories. Can these signatories be changed if we elect new officers? Will there be a penalty?

Answer (free)

Lessons from Litigation  Full Article

  • Lab may participate in free program under anti-kickback law
  • Court affirms finding of testamentary capacity against challenge
  • Klan group may participate in state Adopt a Highway program

Tax Matters Full Article

  • IRS issues guides for car donation programs
  • Certified mail means certified mail

Say That Again? (free)

 


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