Current Edition
November 1-30, 2011
Last Issue: October 1-31, 2011

Foundation May Sue Bank
For Delay in Stock Transfer
Court says foundation was intended beneficiary
of custodianship agreement between donor and bank

Charity May Sue Bank
For Failing to Get Beneficiary Change
Even though charity did not contest distribution of estate,
Court says charity may sue two years later for negligence

Mortgage Broker Not Liable
When Co-Pastor Misuses Funds
Bankruptcy Court recognizes breach of duty,
but says conduct was not a substantial factor in harm

Nonprofit Law You Want to Know
Must board report embezzlement?
What is difference between a private foundation and a private operating foundation?
What structure should I use for web design nonprofit?
You Just Got My Attention.  How do I protect myself and my family?
May officer make deductible contribution?

Issues Notes
Webinar—State Charitable Solicitation Statutes: Everything You Wanted to Know But Were Afraid to Ask
Kramer, Sikes to speak on nonprofit political activity
Talk with the Editor, January 19, 2012

To the Point
There is no reference to having an executive director in our bylaws. Our executive director is an independent contractor.  Can she sign any legal documents on behalf of the corporation? Should legal counsel be sending her any legal documents for the corporation? Answer

Lessons from Litigation  Full Article
Individual must be served for suit against unincorporated church

Tax Matters Full Article
Tax Court permits some, but not all, volunteer expenses
One-man research entity entitled to real estate exemption

Employment Law Full Article
Catholic home not prevented from claiming exemption
Teacher may sue parochial school for religious discrimination

Say That Again