The meaning of nonprofit or not-for-profit is that no person either through ownership or control can derive profit from the organization. Exempt on the other hand is a reference to an organization's...
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(Revised December 2017) Application for Recognition of Exemption under Section 501(c)(3) of the Internal Revenue Code Note: Retain a copy of the completed Form 1023 in your permanent records....
Conflicts of interest are rooted in the fiduciary duty of loyalty owed by directors and officers to their nonprofit corporations. The duty of loyalty requires directors and officers to act at all...
Target the Right Tactics! If you haven’t already done so, now is the time to lay the groundwork for a successful new year. Here are 3 steps you can take to help ensure success in 2019. 1....
Thanks to our donors, the Legal Center for Nonprofits is continuing to make a difference in our community and beyond by providing low-cost legal services to charities and nonprofits. With your...
All too often, when founders come to discuss an idea for a new nonprofit, and I ask, “How will you fund it?” the answer is, “We’ll get grants.” But can they? And is that all there is? As...