Advising Nonprofit Organizations: Formation and Start-Up issues

$169.00

In this course, attorneys can expect to learn the basics of forming and starting up a new nonprofit organization. They will be introduced to the various corporate and non-corporate forms available for nonprofit organizations, and dive into the process of establishing a new corporation under state laws. Attendees will learn about the process of applying for tax exemption from the IRS and gain insights in what to expect from the process. The presentation will also cover the rules governing charitable solicitation registration, and ongoing governance and compliance issues that all new organizations should keep in mind.

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Event Details

Webinar Date

Webinar Time

Course Type

Original Date Of Course

Course Instructor

Anne Gerson, Esq.

General Credits

2

Course Description

In this course, attorneys can expect to learn the basics of forming and starting up a new nonprofit organization. They will be introduced to the various corporate and non-corporate forms available for nonprofit organizations, and dive into the process of establishing a new corporation under state laws. Attendees will learn about the process of applying for tax exemption from the IRS and gain insights in what to expect from the process. The presentation will also cover the rules governing charitable solicitation registration, and ongoing governance and compliance issues that all new organizations should keep in mind.

Principles

  •   Basic state law concepts and governance issues for nonprofit organizations
  •   Information on IRS tax-exemption application process, types of charitable entities
  •   Alternative structures, including fiscal sponsorship arrangements and DAFs
  •   Introduction to charitable solicitation registration regime

Syllabus

  1. Introduction and Threshold Questions
  2. Section II. Entity Formation
    1. Fiscal Sponsorship
    2. DAF
    3. Corporation
    4. LLC/Benefit Corporation
  3. Key Questions for Determining the Appropriate Tax Status
  4. Tax-Exemption Application
  5. Public Charity or Private Foundation Classification
  6. Ongoing Compliance
    1. Charitable Solicitation Registration
    2. Federal Law Compliance
    3. State Law Compliance
    4. Governance Matters

Instructor

Anne Gerson, Esq.

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