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Results:1-10 of 18

Form PC revisions and other areas of focus on charities
  • Foley Hoag LLP
  • USA
  • January 31 2013

Forthcoming revisions to Form PC, examining new forms of solicitation using social media, and newly proposed legislation regarding director


Benefit corporations: twelve states and counting
  • Foley Hoag LLP
  • USA
  • December 19 2012

On December 1, a new benefit corporation statute went into effect in Massachusetts, making the state one of twelve that have enacted legislation allowing for the formation of this new form of corporate entity.


Massachusetts nonprofit annual reports due November 1, 2012
  • Foley Hoag LLP
  • USA
  • October 2 2012

As a reminder, Massachusetts nonprofit organizations have until November 1, 2012 to file their annual reports with the Secretary of the Commonwealth.


Federal legislation introduced to support nonprofit organizations improve energy efficiency
  • Foley Hoag LLP
  • USA
  • September 28 2012

Legislation introduced in the United States Senate would establish a program offering as much as $50 million per year to assist nonprofit organizations wishing to improve the energy efficiency of their buildings.


Massachusetts passes legislation recognizing benefit corporations
  • Foley Hoag LLP
  • USA
  • August 17 2012

Socially minded entrepreneurs and businesses in the Commonwealth now have the option to more securely advance the public-benefit focus of their activities by using a new form of corporate entity: the benefit corporation.


Legislature approves state budget; final version does not contain proposed restrictions on non-profit director and officer compensation
  • Foley Hoag LLP
  • USA
  • June 29 2012

On Thursday, June 28, the Massachusetts House and Senate each voted to approve a $32.5 billion state budget bill.


Massachusetts Senate adopts budget amendment barring compensation of directors of public charities without approval from the attorney general
  • Foley Hoag LLP
  • USA
  • May 25 2012

The Massachusetts Senate voted this week to adopt an amendment to the budget to prohibit the compensation of directors, independent officers and trustees of public charities without approval from the attorney general of the Commonwealth.


Massachusetts Senate considering budget amendment limiting compensation of directors and officers of public charities
  • Foley Hoag LLP
  • USA
  • May 21 2012

An amendment to the state budget under consideration by the Massachusetts Senate would cap the compensation of officers and senior managers and would prohibit the compensation of members of the board of directors of public charities.


United States eases sanctions on financing for development organizations in Burma
  • Foley Hoag LLP
  • USA, Myanmar
  • April 17 2012

On April 17, the U.S. Treasury issued new General License No. 14-C, which relaxes sanctions on financial services with respect to certain humanitarian and not-for-profit activities in Burma.


Charitable giving initiative under consideration by Massachusetts legislature
  • Foley Hoag LLP
  • USA
  • February 14 2012

A proposed law under consideration in Massachusetts may make it easier for Massachusetts residents to financially support their favorite charity.