Has anyone ever offered your organization a gift of stock, bonds, mutual funds, CDs, or other investments? Many organizations do not think about a policy for accepting such investments and a procedure for managing them until the offer is made and then urgency takes priority instead of a thoughtful plan. Some nonprofits also receive offers for the donation of real property including homes, empty lots, farms, and even office buildings. Having a policy, plan and process to …

Food donations support many in need, but nonprofits must not overlook their legal risks and obligations in distributing donated items. Every day, food is wasted by restaurants, growers and stores. This is in part because potential donors fail to understand food donation policy or fear possible liability. Fortunately, a federal law known as the Bill Emerson Good Samaritan Act provides fairly broad protections to food donors and nonprofits distributing donated food. This article provides an overview of …

Dealing with the death of spouse or other family member is difficult. While they are still grieving, surviving family members can be targeted by debt collectors and led to believe that they are responsible for paying their loved ones’ debts. Family members are also frequently unaware that the probate process provides financial protections for surviving spouses and minor children. This webcast will provide an overview of the following: • What happens when a family member dies with …

Many small nonprofits have close ties to separate for-profit corporations. – Does a for-profit provide a lot of your 501(c)(3)’s support? – Was your 501(c)(3) public charity started by a for-profit entity that does similar or connected work to your 501(c)(3)? – Do you share clients or refer clients to one another? These scenarios, plus others, may risk the 501(c)(3)’s public charity and tax-exempt status if not closely evaluated. During this webcast, our speaker will discuss these …

Nonprofits rely on special events for a wide variety of reasons: as a fundraising source, to recognize volunteers and as an opportunity to celebrate your mission. These special events usually include serving alcohol, which means, you may even need to apply for a special events alcohol license! In this webcast, we will have an expert in the industry speak about special event alcohol licenses, including: – In what circumstance would your nonprofit need to apply? – How …

Ellen Samuels and Anu Seam recently joined PBPA’s Board of Directors. Ellen is Law Vice President and Division General Counsel at NCR and Anu is Assistant Vice President-Senior Legal Counsel at AT&T. Anu Seam has been volunteering with PBPA for almost 10 years. She has also been on the cutting edge of technology and law for many years with extensive experience at AT&T, the U.S. Department of Justice, the Federal Communications Commission and the Minnesota Attorney General’s …