Nonprofit Issues

Ask the Editor
March 16

Current Edition
March 1-15, 2006
Last Issue:
February 16-28, 2006
 

IRS Revokes 3 Exemptions for Electioneering;
Will Continue Monitoring During ’06 Elections

Nearly 3/4 of charities reviewed engaged in political activity;
Service imposes tax on one, gives written warning to others

Full Article (free)

 

Assets of Nonprofit Not Subject
To Forfeiture for Crimes of Board Chair

Government claimed Chair gained control over corporation
by false proxies to eliminate members’ rights

Free Preview | Full Article

 

Home Schooled Student Lacks Standing
To Seek Scholarship for High School Grads

Court says Attorney General represents public interest,
potential beneficiary does not have special interest

Free Preview | Full Article

 

Ready Reference Page No. 88
IRS Issues New Guidance on Electioneering
Service launches enhanced educational effort
to avoid uncertainty for 2006 election cycle

Free Preview | Full Article

 

Issues Notes

  • Remember our Search function
    for back issues on our website
  • Thursday with the Editor, March 23
    IRS new guidance on electioneering

To the Point

Can the founder of a 501(c)(3) nonprofit, who does not hold a board position, be voted out of the organization by board members? And if so, what protection does that founder have to safeguard that which he or she has founded? Answer
 

Lessons from Litigation  Full Article

  • 1885 deed restrictions do not prevent sale of church
  • Charitable status does not preclude award of attorneys’ fees

Tax Matters Full Article

  • IRS helps foundation terminated by state law

Employment Law Full Article

  • Divided Court permits employee to sue for retaliation