Articles
DAF Assets Rise Almost 10% in 2023, But Contributions to DAFs Drop 21%
Total number of funds, payout rate, and value of grants remain essentially the same in National Philanthropic Trust report
Appeals Court Sets Standards For (c)(4) Social Welfare Groups
“Substantial” nonqualifying activity prevents exempt status; if followed, ruling could revolutionize political world
University Enjoined from Investigating Trustee Until It Advances Expenses for Trustee’s Defense
Court enjoins Penn State from continuing investigation of trustee without advancing legal fees under indemnification bylaw
Plaintiff Trustee Not Indemnified Unless Bylaws Provide Specific Right
Court says ambiguous provision must be construed against the indemnitee
Court Bans LaPierre From NRA, Denies Monitor to Enforce Reforms
Judge asks parties to agree on enforceable changes in operations, saying NRA has not fully accepted responsibility for failures