[podcast src=”https://html5-player.libsyn.com/embed/episode/id/5147618/height/90/width/450/theme/custom/autonext/no/thumbnail/yes/autoplay/no/preload/no/no_addthis/no/direction/forward/render-playlist/no/custom-color/c30000/” height=”90″ width=”450″]It’s important to understand your state’s statute governing how not-for-profit organizations do business. Statutes have mandatory rules, default rules, and minimum standards. Not understanding these provisions can cause problems. Continue reading “1710 State Nonprofit Statutes”
Category: 501(c)(3)
Resources on the Johnson Amendment debate
The Law Meets Gospel Podcast recently explored the Johnson Amendment and the debate about its proposed repeal. This post collects selected resources and opinion pieces on that debate. Continue reading “Resources on the Johnson Amendment debate”
First Church of Cannabis receives I.R.S. approval
According to the Indianapolis Star, the First Church of Cannabis has received approval as a 501(c)(3) organization. This raises a few thoughts.
Continue reading “First Church of Cannabis receives I.R.S. approval”
Considerations when offered a planned gift
You’ve just received word that one of your long-time donors has decided to leave a large gift, but it’s in the form of a planned gift. It might be as simple as naming your organization in the donor’s will. Or it might be a more complex mechanism like a trust or an annuity. One of the questions you need to keep in mind is what happens if your group ceases to exist or changes its name. While the default legal rule is that any reference to your organization will be treated as referring to the group’s successor, there are situations in which that is not true. And thinking about the possibility at the time of the gift can save a lot of trouble later. Continue reading “Considerations when offered a planned gift”