Does a statute of limitations apply to a statutory right of a director of a nonprofit corporation to ask a court to remove another director for fraudulent or dishonest acts?

The Internal Revenue Service has advised filers of the 990-N electronic postcard of continued activity by small tax-exempt organizations that they must now sign-in to the IRS “modernized authentication platform” using either their active IRS username or creating an account with ID.me, the current IRS credential service provider.

Full filing instructions are set out in Publication 5248, the IRS User Guide for 990-N filers. 

The Pennsylvania Commonwealth Court, in a full court opinion, has affirmed the denial of sales tax exemption for a nonprofit senior living community previously decided by a three-judge panel of the Court.  (See Nonprofit Issues^® Vol. XXXI, No. 2).  The Court has agreed that Friends Boarding Home in West Chester failed to meet the criteria for exemption as a “purely public charity” originally set out by the state Supreme Court in 1987.

In 1850 noted Harvard University professor Louis Agassiz arranged to have four daguerreotypes made of Renty Taylor and Delia Taylor, who were enslaved on a plantation in South Carolina.  Renty was ordered to disrobe.  His daughter was striped to the waist.  Their images were used by Agassiz in an academic publication and various lectures “to support polygenism, a pseudoscientific racist theory for which Aggasiz, a prominent scientist, was a vocal proponent,” according to the highest court of Massachusetts.

A federal District Court in Texas has upheld an IRS denial of a $1.257 million charitable contribution deduction claim for a gift to a donor advised fund because, it said, the contemporary written acknowledgment of the gift did not say the money was held under the “exclusive legal control” of the recipient charity.  The Court said that the Contemporaneous Written Acknowledgment could not be combined with the gift agreement, which provided for ultimate authority and control of the assets, to meet the requirements of the Treasury regulations.

When People’s United Bank in New York City closed the accounts of a Black Muslim Senegalese-American woman and a “Muslim nonprofit” she controlled, she sued the bank for alleged discrimination on the basis of race, religion and national origin.