The following newsletter articles are available to subscribers or for individual purchase. Non-subscribers can read the previews or subscribe.
Court Allows Note Holders to Sue
Officers and Directors for Securities Violations
Complaint is sufficient if it gives defendants notice;
It need not plead specific facts or knowledge
Full Article (free)
Insurance Carrier Must Pay Legal Fees
When It Fails to Provide Defense Under Policy
Court grants summary judgment to school to recover
costs of defense before carrier appoints counsel
Free Preview | Full Article
Kramer to talk on Lobbying, Tax Returns
Thursday with the Editor, September 1
To the PointI understand that a foundation cannot make a grant to a nonprofit, where the grant is more than half of the agency's budget. For example, if a nonprofit's annual operating budget is $100,000, a foundation cannot make a grant of $51,000, the theory being that it may be able to exert undue influence and "tip" the agency to do the foundation's bidding. Is this true?
Lessons from Litigation
- Who are the victims? And for how much?
- Articles of incorporation are contract with nonprofit shareholders
Tax Matters Full Article
- Museum Foundation is private nonprofit
- Remote housing units not exempt
Employment Law Full Article
- Court invalidates
covenant not to compete
signed by home health agency field workers
Say That Again? (free)
Weekly question and answer
Notice of each full edition
and its free stories
Report on 501(c)(3) electioneering
What our readers say about Nonprofit Issues
Once again you've tackled a tricky question and explained it so we all can understand the issue.--M.V.
Thank you for your informative and keen advice on nonprofit matters. I believe its a unique and concise place to get answers to this often wispy area called nonprofit. --R.T.