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Results: 1-10 of 77

Unrelated business income and executive compensation: final report on tax-exempt colleges and universities compliance project provides guidance for all nonprofits

  • Hunton & Williams LLP
  • -
  • USA
  • -
  • May 6 2013

The Final Report of the Colleges and Universities Compliance Project, released by the IRS on April 25, focuses primarily on the reporting of

Boards must ask questions to avoid front-page headlines like this

  • Bricker & Eckler LLP
  • -
  • USA
  • -
  • February 26 2013

Board members of any organization must keep in mind that their oversight responsibilities require them to ask tough questions to avoid having their

First Amendment precludes inquiry into misappropriation of church funds

  • Holland & Knight LLP
  • -
  • USA
  • -
  • July 17 2012

In Askew v. T’ees of the General Assembly of the Church of the Lord Jesus Christ of the Apostolic Faith, Inc., Case No. 11-1916, 2012 WL 2433497 (3d Cir. June 28, 2012), the Third Circuit held that the non-entanglement principle embedded in the Religion Clauses of the First Amendment prevented it from deciding whether a church and its officials were misappropriating church funds for personal use, breaching their fiduciary duty to the church, and failing to submit annual financial statements to the Commonwealth of Pennsylvania

Attention nonprofits: the IRS Form 990 deadline is around the corner, time to begin annual audit and review governance practices

  • Wiley Rein LLP
  • -
  • USA
  • -
  • April 1 2013

With the deadline quickly approaching for most nonprofits to file their annual tax returns with the Internal Revenue Service (IRS), now is the time

Possible tightening of qualification requirements for social welfare organizations

  • Bryan Cave LLP
  • -
  • USA
  • -
  • August 9 2012

This past March 2012, critics from both major political parties called for changes to the rules governing what qualifies as a social welfare organization, also known as a 501(c)(4) organization

New York Attorney General to impose expansive new disclosure requirements on not-for-profit organizations making political expenditures

  • Greenberg Traurig LLP
  • -
  • USA
  • -
  • April 23 2013

The New York State Attorney General (the AG) has proposed broad new regulations which will require notforprofit organizations filing with the AG's

Lobbying for nonprofit organizations - tracking political activities under the Tax Code and the Lobbying Disclosure Act

  • Venable LLP
  • -
  • USA
  • -
  • July 31 2009

Nonprofit organizations conducting federal lobbying are subject to two separate definitions of lobbying

New guidance with respect to sexual-assault investigations under Title IX

  • Faegre Baker Daniels
  • -
  • USA
  • -
  • June 2 2011

In April, the Department of Education’s Office for Civil Rights issued a “Dear Colleague” letter (Letter) which offers guidance with respect to the reporting requirements set forth in Title IX of the Education Amendments of 1972, 20 U.S.C. Sec. 1681, et seq. (Title IX

Larger booster groups now required to register with Ohio Attorney General

  • Bricker & Eckler LLP
  • -
  • USA
  • -
  • October 4 2012

The Ohio Attorney General, exercising the rule-making authority of his office, has significantly modified the administrative rule relating to the registration of school booster organizations as “charitable trusts.”

IRS interim report on tax-exempt colleges and universities compliance project

  • Latham & Watkins LLP
  • -
  • USA
  • -
  • May 17 2010

The Internal Revenue Service (IRS) released an interim report on May 7, 2010 summarizing the responses to compliance questionnaires sent to nonprofit colleges and universities in October 2008