Charitable purposes under IRC Section 501(c)(3) include the promotion of social welfare by organizations designed to combat ...

Earlier this month, the Nonprofit Organizations Committee of the American Bar Association (Business Law Section) announced its 2025 Outstanding Nonprofit Lawyer Award recipients. The ...

Notable Events of the Week: “On Wednesday, the Treasury Department released the details of Mr. Biden’s tax plan, which aims to raise as much as $2.5 trillion over 15 years to help finance the ...

Nonprofit corporations may decide to merge for many reasons, including to better advance a common purpose or to expand the range of services offered to common beneficiaries. Generally, in a simple ...

8 Tips Check the organization’s own readiness, including a review of its mission, values, goals, success factors, strengths, weaknesses, financials, compliance, leadership, staff, and culture.

In a nonprofit context, where there are no shareholders, the best interests of the corporation must be tied to how well it advances its purpose. Of course, both short-term and long-term impact should ...

Commitment to DEI may be demonstrated through leadership, governance policies, recruitment, power-sharing, and importantly, accountability. From a corporate law perspective, one way to lock DEI in as ...

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 position (e.g., chair of the ...

Increasingly, for-profit corporations are expanding their goals beyond profit-maximization and pursuing social or charitable goals. For owners of some of these corporations whose sole focus becomes a ...

A fiduciary’s good faith belief in what is the best interest of the charity must be objectively reasonable in light of the charity’s purposes. Thus, the best interests of a charity may not be in its ...

A recent article in The Nonprofit Quarterly titled “ Collaborations: The Nonprofit Trend ” discussed the movement towards collaborations and linkages of many kinds among nonprofits to combat a growing ...