Our Blogs

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...

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! Article

How could a legal audit benefit our charity?

Legal audits can be very helpful for charities. We just finished an audit for a celebrity client of ours. Your Legal Audit should consider the following important factors: (1) Board Governance & Formality Compliance (2) Employment Policies and Procedures (3)...

Why is it not business as usual for charities

The legal rules regarding UBIT are relatively important as the trend for "social enterprise" becomes more and more prevalent in both nonprofits and for profits. Due to the shrinking of governmental budgets, local, state and federal, funds are being depleted .There are...