Volume XXXVI, No. 2

Lead Stories

Charitable LLC Providing Supportive Services Held Eligible for Real Estate Tax Exemption

Court says services provided pursuant to contract with sole member parent may be considered in determination

Founder Violated Fiduciary Duty In Failing to Disclose Value of Property

Court says founder did not act in good faith in failing to disclose value of camp buildings in sale of jointly owned ranch

Cy Pres Funds May Go to Hospital Not Recommended by Trustee

Court says trial judge should look to donors’ intent at time of making the gifts, not trustee or advisory committee

Electioneering Case Dismissed For Lack of Jurisdiction

Court says effort to overturn ‘Johnson Amendment’ for churches is barred by Tax Anti-Injunction Act