Legal Issues for New Nonprofits
Good stuff from the Philanthropy Front and Center - New York blog today on navigating the particular legal issues facing new nonprofits. How do you decide how to incorporate? What do you need to do before filing for tax-exemption? How much lobbying and what sorts of political activity can you get involved in, and what must you avoid?
Here's an excerpt:
Forming a nonprofit involves more than just a strong mission and innovative programs. It also entails investing a significant amount of time and effort into the initial formation process, which can seem daunting at first. How do you prepare to apply for incorporation and tax-exempt status?
To help address some of the legal background in setting up a nonprofit, the Foundation Center, in collaboration with New York Lawyers for the Public Interest, offered a workshop [...] led by Laura E. Butzel and Jean L. Tom from the Tax-Exempt Organizations Group at Patterson Belknap Webb & Tyler LLP, who offered a wealth of information on the legal issues you should understand before diving into the application process.