May 16-31, 2004

Welcome to Our Online Edition

The following newsletter articles are available to subscribers or for individual purchase. Non-subscribers can read the previews or subscribe.

IRS Issues Rev. Rul. on Joint Ventures
Between Charity and For-Profit Business

Guidance confirms the obvious on exempt status,
avoids clear ruling on critical issue of control

Full Article (free)

Committee Proposes Changes to UMIFA
To Eliminate Concept of “Historic Value”

Trustees could spend endowment to the extent “prudent”
even if it reduced the value of the fund below the original gift

Free Preview | Full Article

Corporation Formed to Enforce Agreement
Against State Is Not Covered by Sunshine Law

Group is a separate entity, not appointed or controlled by state university and is not a “committee of” the state required to open meetings

Free Preview | Full Article

Issues Notes

Check your spam filter
Kramer to talk on accountability
Thursday with the Editor, May 27, 1:00 ET

To the Point

Is a nonprofit organization required to allow the public to sit in on its entire Board Meeting or just the part allocated to Public Comment?

Answer (free)

Lessons from Litigation  Full Article

  • Lawyer suspended for failing to supervise associate
  • Stocks, jewelry and coins are not “contents” of house
  • Caretakers not protected by anti-eviction law

Tax Matters Full Article

  • Fitness Center not eligible for real estate tax exemption
  • Board denies exemption to assisted living for the rich

Employment Law  Full Article

  • Worker in Salvation Army alcoholism program
    entitled to recover under Workers' Comp

Ready Reference Page

Permanently Restricted Funds Should Be Designated
As Permanently Restricted on Pa. Financial Statements

Preview | Full Text

Say That Again? (free)

 


None of the information on the Nonprofit Issues Website should be deemed legal advice or
should be acted upon without prior consultation with appropriate professional advisors.
Materials prepared by Nonprofit Issues contained in these pages is copyrighted by Nonprofit Issues, Inc., 2009-2012.

Home | Article Archives | Ready Reference | Ask the Editor | Bookstore | About Us

Access Subscriber Account
Subscribe or Renew

Free E-notice

Nonprofit Issues, Inc.
P.O. Box 482
Dresher, PA 19025
(215) 542-7547 FAX (215) 542-7548
1-888-NP-Issue

E-mail Us