Nonprofit
Online Giving Platforms and State Regulations: What Every Nonprofit Needs to Know
In the evolving landscape of nonprofit fundraising, online giving platforms have become indispensable tools for reaching donors. However, these platforms are subject to various state regulations that nonprofits must navigate to ensure compliance. Here's what every...
Are You Risking Your 501(c)(3) Status?
Maintaining your 501(c)(3) status is crucial for nonprofit organizations, not just for tax-exempt benefits but also to maintain the trust and support of your donors. Here we will explore the key practices and compliance strategies to ensure your nonprofit does not...
What Can You Legally Do with Your Fundraising Dollars?
Fundraising is a critical aspect of nonprofit operations, providing the necessary financial support to drive their missions forward. Managing these funds responsibly and legally is paramount. Let’s explore the legal restrictions and creative uses for your fundraising...
What Are Program-Related Investments (PRIs)?
Program-related investments are a powerful financial tool used by private foundations to support charitable organizations and advance their mission. PRIs differ from traditional grants in that they involve the use of loans, equity investments, and other financing...
New York Rules for Fundraising for an Individual
What are the laws and rules in New York State regulating fundraising for an individual? There are certain circumstances where one would need to file with the attorney general to fundraise for an individual. Next, there may be up to three secondary beneficiaries...
Hedgeman Law Firm Launches 2023-2024 Nonprofit Law Academy
ALBANY, N.Y. – Hedgeman Law Firm, a renowned woman-owned comprehensive law serving NewYork State and Washington D.C., today announced the launch of the 2023-2024 Nonprofit Law Academy(NLA) aimed at educating and building legal capacity for tax exempt...
Lobby Law Compliance for Your Nonprofit Organization
Lobbying is a valuable tool for nonprofits to influence public policy and advocate for causes that align with their mission. However, to maintain transparency, uphold your organization's reputation, and prevent potential legal issues, it's crucial to adhere to lobby...
Understanding The Limitations of Nonprofit Political Activity
As a nonprofit organization, engaging in political activities is a common and necessary practice. However, there are limitations that must be understood in order to avoid legal issues and penalties. In this article, we will explore the limitations of nonprofit...
Nonprofit Laws in Virginia
Organizations formed in Virginia to conduct business on a nonprofit or not-for-profit basis are usually formed as Virginia nonstock corporations. These corporations, which can, but are not required to, have members (i.e., a membership), do not have owners. When you...
Conflict Of Interest Policies Under the Not-for-Profit Corporation Law
This guide will assist nonprofits in implementing successful Conflict of Interest Policies. This guide reflects amendments to the Not-for-Profit Corporation Law (“N-PCL”) which became effective May 27, 2017. Why implement a Conflict of Interest Policy? A Conflict of...