Why you should attend

The business of running a nonprofit organization has become increasingly complex, as nonprofits are under heightened scrutiny to account for their management and fiduciary practices. The repercussions from the economic crisis and the need to cope with ongoing financial uncertainty have also brought into focus new legal standards for proper investment conduct, while the changing technological landscape forces nonprofits to confront new legal issues related to innovative fundraising strategies, strategic alliances, and international grant-making, among other issues. As the environment in which nonprofit organizations operate becomes increasingly intricate, and attention to proper corporate governance becomes ever more important, attorneys who advise nonprofits and their boards of directors or are contemplating board service themselves must be aware of both the legal norms governing their conduct and the public perceptions of charitable activities.

What you will learn

• Important distinctions between categories of federal exemptions
• Principles of good governance for all types of organizations
• Duties of directors and officers
• Federal tax rules relating to fiduciary conduct
• What the New York Prudent Investment of Institutional Funds Act means for all New York nonprofits, and practical ways of addressing these issues
• Tips for avoiding potential traps for the unwary hidden in the law
• How to structure new organizations to meet the highest ethical standards
• General tax compliance issues, including lobbying restrictions and unrelated business income taxes
• Charitable fundraising regulations and how to comply with them
• Fundraising on the Internet

Who should attend

This program is for attorneys interested in learning more about nonprofit law, as well as those who concentrate on such issues as a substantial part of their practice. The program is also valuable for in-house counsel at nonprofit organizations and attorneys who serve on boards of directors.

Cost: $595*

PLEASE NOTE:

*Full scholarships to PLI's live seminars and webcasts are available to judges, judicial law clerks, law professors, law students, attorneys 65 or older, law librarians, attorneys who work for nonprofit organizations, legal services organizations or government agencies, and unemployed attorneys. Attorneys in private practice who seek to learn skills that will assist them in pro bono activities are encouraged to apply.

Please contact Leonard McKenzie at 212-824-5826 for additional information.