Representing Nonprofit Organizations

Abstract

Examines the nonprofit organization versus the profit form of organization. Covers organizing and operating a nonprofit entity, including how charitable organizations may obtain and maintain public charity status; the consequences of private foundation status, and how to avoid prohibited activities and their associated penalty taxes; the extent to which nonprofit organizations may engage in lobbying activities or political campaigns without jeopardizing their status; potential liability of directors of nonprofit organizations, and how to avoid it; accounting principles applicable to nonprofit organizations; practical approaches to handling unrelated business taxable income; and details on many specific types of nonprofit entities.