Our Blogs

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

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!...

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) Financial...

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...

Social Enterprise Takes A Step Forward

As many practitioners know, beginning January 1, 2012, the State of California now recognizes the "benefit" and "flexible" corporation. While there are distinctions between the two and "general" corporation, they have a capital structure just like a corporation. They...