For many nonprofits, “membership” can be a confusing concept. Some organizations use the term for supporters who receive perks like free admission and newsletters, while others grant members legal rights such as voting on the board or approving major decisions. These differences stem from whether a nonprofit has statutory members under state law or uses …
Starting a nonprofit is a mix of art and science. One of the highlights of our law practice is getting to work with founders of new nonprofit organizations to help make their vision a reality, whether they’re seeking to launch an international film festival, form a family foundation for philanthropic endeavors, or start a new …
Nonprofit leaders face many challenges, from managing resources to meeting regulatory requirements. Unfortunately, scammers routinely target nonprofits by sending fraudulent letters disguised as official government forms. We regularly receive inquiries from concerned nonprofit clients who have received Statement of Information and “Minutes” scam letters, which demand fees for compliance-related services that are not required by …
Introduction Nonprofit organizations today face a growing array of risks that threaten their ability to fulfill their missions. From cyber threats to regulatory changes and financial uncertainties, the challenges are numerous and increasingly complex. As these risks continue to emerge, taking steps to affirmatively protect nonprofit assets has become more critical than ever. In this …
In the realm of nonprofit organizations, maintaining thorough and accurate records is not only a best practice but often a legal requirement. Among these essential records is the minute book, a vital repository of organizational history and decisions. This blog post will explore the importance of minute books for nonprofits, what they should contain, the …
Proper documentation is crucial for nonprofit organizations to maintain legal compliance, ensure accountability, and preserve historical records. Meeting minutes for nonprofits play a vital role in this process by creating a formal record of discussions, decisions, and actions taken during meetings of the board of directors and its committees. This blog post explores their purpose, …
