Nonprofit organizations are often looking for ways to protect assets, isolate risk, and manage distinct projects without creating unnecessary administrative burdens. One structure that can
Indemnification provisions are often treated as standard nonprofit boilerplate. They go into the bylaws, sometimes into the articles, and then everyone moves on. But these
For many years, nonprofit leaders have thought about the IRS as a civil regulator. The worst-case scenario was an audit, penalties, or in extreme cases,
1. Civil Disobedience and Tax-Exempt Status The IRS has long held that organizations engaged in illegal activity or activity contrary to public policy are not
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