Charitable Nonprofit Organizations Posts
This post describes the major risks facing nonprofits who fail to meet regulatory requirements.
This article contributes to the corporate governance literature by identifying aspects of nonprofit governance that create unnecessary risk to nonprofit entities and to society overall.
Recent scandals in the nonprofit sector have once again called into question the issue of nonprofit governance. Who is governing these organizations and are they doing so appropriately? Who is regulating and what law applies — federal, state, or both?
In a relatively unnoticed decision in June, the Supreme Court of the United States reached a decision that could provide an additional reason for governments to outsource activities to nonprofits.
At this year’s Annual Meeting on May 20, members of The American Law Institute voted to approve Tentative Draft No. 3 of Restatement of the Law, Charitable Nonprofit Organizations. Today’s vote marks the completion of this project.
In this video, Restatement of Charitable Nonprofits Reporter Jill R. Horwitz and Associate Reporter Nancy A. McLaughlin discuss Restrictions of Charitable Assets—including the creation, enforcement, modification, and release of restrictions.
In this video Reporter Jill R. Horwitz and Consultant Marion R. Fremont-Smith provide a glimpse into how the Restatement of Charitable Nonprofits will bring greater understanding to the complex area of law of charitable nonprofits.
At its meeting in Philadelphia on January 17 and 18, the ALI Council reviewed drafts for six projects. Drafts or portions of drafts for six projects received Council approval, subject to the meeting discussion and to the usual prerogative to make nonsubstantive editorial improvements.
A great deal of wealth in the United States is controlled by charitable nonprofit organizations. Yet, an authoritative statement of the law in charitable nonprofit organizations does not exist. The law of charities, drawn as it is from various other parts of the law, in many aspects remains confusing and incomplete. It is difficult for somebody who has not worked in this field to manage all these sources. This is the basis for the Restatement.
At your next board meeting, management mentions plans to launch a marketing affiliation with a well-known charity. The cause seems like a good one; your company will gain social and public relations benefits, and all sides seem to win. However, some corporations have followed this line of thinking to disaster, when the charity brought hidden legal or financial landmines, or triggered an awkward media relations debacle. As a board member, what questions should you ask before your company seeks to do good?