Nonprofit Governance: Law Practices and Trends

About this book

Nonprofit Governance Law Practices & Trends Governance seems to be the subject that is perched atop every nonprofit lawyers worry/wish list despite the fact that there is not much law on the point particularly at the federal level. This ascension in importance is largely due to the various organizations propounding best practices and principles for public charities and other forms of nonprofit organizations the IRSs redesigned Form 990 the agencys aggressive push of certain good governance principles in the tax-exempt organizations setting and scandals brought to light by the Senate Finance Committee staff. Stemming from the authors endless hours of meditating over the new Form 990 and sifting through the many (and often inconsistent) best practices principles Nonprofit Governance fills the need for some cohesion in the realm of nonprofit governance by providing in-depth coverage and explanations of the laws practices and trends in this volatile area. An invaluable resource for nonprofit executives officers directors nonprofit lawyers accountants members of boards of directors and consultants legal experts Bruce R. Hopkins and Virginia Grosss Nonprofit Governance brims with detailed documentation and references to regulations rulings cases and tax literature (which includes current articles and tax law review notes). Here readers will find a wealth of clarifying information on: Federal and state law fundamentals Board member responsibilities and liability Nonprofit governance principles Nonprofit governance issues Application of the private benefit doctrine Governance and the redesigned Form 990 Recommended polices and procedures Governance case studies Governance legal audit A law primer for nonprofit board members And much more The book includes an exhaustive index Internal Revenue Code citations and numerous case studies tips forms and checklists to round out the authoritative coverage. Nonprofit Governance is an indispensable guide to and through all of the governance policymaking that is unfolding to improve the management of nonprofit organizations as well as to help organizations be in compliance with nonprofit governance law.