What information must a nonprofit disclose to the general public? This question has come up several times in the past few months. The IRS and some states require nonprofits to provide certain items upon request. However, often times, members of the public ask for documents they have no right to view. The IRS requires tax-exempt …
Posts Tagged: Legal Advice
Foundations Mixing Public and Private Funds…
… is Fund-amentally Dangerous! In the ever-increasing scrutiny over the transparency of nonprofit accounting, the California State University system is learning a lesson about improperly mixing nonprofit funds with private funds. In an August 25, 2010 article in the Los Angeles Times by Carla Rivera, “A faculty group said it has found evidence that California …
Non-Profits Need To Trademark their Tag Lines!
As detailed in the Wall Street Journal on August 5, 2010, protecting a nonprofit’s trademarks doesn’t stop at just the logo. Non-Profits need to trademark their phrases, power lines, tag lines and slogans … indeed, any phrase or image that used to represent the organization or its services. This lesson has come home to haunt …