Posts Categorized: Non-profits

Beware the Attorney General: Scrutiny of Director Compensation on the Rise

Recent California Attorney General (“AG”) audits should make every nonprofit board beware the Attorney General. This charity regulator appears to be doubling down on its scrutiny of director compensation. Under the California Nonprofit Corporation Law (the “Nonprofit Law”), the AG has the authority  to look into virtually every aspect of a charity’s operations. This broad …

READ MORE »

Finally, Relief for the Arts!

January 22, 2021 Posted by Kristen Anderson in COVID-19, Non-profits, Nonprofits, Pandemic, The Arts

A new relief program will provide grants to arts organizations that have suffered financially due to the COVID-19 pandemic. The Shuttered Venue Operators Grant (SVOG) program was established by the stimulus bill signed into law on December 27, 2020. The bill included several forms of additional coronavirus relief available to nonprofits, including grants to theaters, …

READ MORE »

Fiscal Sponsorship: 10 Things to Know

January 14, 2021 Posted by Casey Summar in Board, Fiscal sponsors, Non-profits, Nonprofits, Pandemic

Fiscal sponsorship is one of the topics we have been receiving a surge of inquiries about during the pandemic at The Law Firm for Non-Profits. Some of these inquiries are driven by organizations seeking a way to respond quickly to one of the myriad challenges facing our country. Others are looking for a way to …

READ MORE »

California Attorney General Requires New Forms

January 12, 2021 Posted by Arthur Rieman in Attorney General, Fundraising, News, Non-profits, Nonprofits

Most charities incorporated or operating in California must register and file annual reports with the California Attorney General’s Registry of Charitable Trusts. Paid fundraisers soliciting and/or receiving charitable assets in California also must register with and report to the Registry. Newly established charities (and those new to California) must register with the Registry of Charitable …

READ MORE »

New Financial Relief for Nonprofits

August 4, 2020 Posted by Kristen Anderson in COVID-19, Non-profits, Nonprofits, Pandemic

New financial relief is available to nonprofits thanks to the Federal Reserve. As a result of the CARES Act, the Fed created the Main Street Lending Program (“MSLP”) to provide support to small and medium-sized businesses to offset financial devastation caused by the COVID-19 pandemic. At first, it was not available to nonprofits. However, on …

READ MORE »

SBA Releases Revised PPP Loan Forgiveness Application and EZ Application

July 1, 2020 Posted by Kristen Anderson in Congress, COVID-19, Economic growth, Non-profits, Nonprofits

The Small Business Administration (SBA) released a revised, borrower-friendly PPP loan forgiveness application. The revised application implements the changes found in the PPP Flexibility Act of 2020. For more information about these changes, please see our blog post on the PPP Flexibility Act. In addition to the revised, full forgiveness application, the SBA also released …

READ MORE »