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 ...

Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “On Wednesday, the Treasury Department rele… ...

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 ...

As we have discussed in previous posts on the motivations and the risks associated with nonprofit mergers, nonprofit leaders should enter into any merger discussions with sufficient knowledge and ...

Last month, the Stanford Social Innovation Review published a groundbreaking article on nonprofit governance authored by Anne Wallestad, CEO of BoardSource: The Four Principles of Purpose-Driven Board ...

Nonprofits should be at the forefront of encompassing diversity, equity, and inclusion (“DEI”) into their governance and operations. While discussions regarding DEI are increasingly prevalent in the ...

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 ...

The ALI Restatement of the Law, Charitable Nonprofit Organizations (the “Restatement”) provides: “A fiduciary of a charity has a duty to: … [a]ct in good faith and in a manner the fiduciary believes ...

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 ...