A Step In The Right Direction For The Exise Tax

In an effort to harmonize the foundation world and to avoid frequent attempts at creative re-classifications of foundations, the federal government has now ratified (with the President’s signature) a modification to Section 4940 of the Internal Revenue Code (“IRC”)....

Nonprofit Year-End Legal Checklist

While Santa is making his list and checking it twice, now is the time to do the same for your nonprofit organization! Here are a few tips to get you started and keep you off the IRS naughty list.   #1 Annual Meeting Every year your nonprofit board needs to meet at...
Y Combinator: Inspiring Social Enterprise

Y Combinator: Inspiring Social Enterprise

While it just happened a couple of years ago, it is very fresh that Y Combinator, the top incubator in Silicon Valley has now opened its doors to charitable and social enterprises. Who would have thought that techies wanted to save the world too!...