Organizing and Operating Nonprofits Seminar Materials

Information

This comprehensive, stand-alone publication is direct from an April 2016 seminar.

Copyright © 2016 Virginia Law Foundation. All rights reserved.

Table of Contents

I. Organizing and Operating a Virginia Nonprofit
J. William Gray

I. Threshold Question: Is a new organization necessary?

II. Types of Organizations Exempt under IRC § 501(a)

III. Choice of Entity

IV. Standards for Directors, Trustees and Managers

Appendix A: Organization Reference Chart

Appendix B: Additional Resources on Nonprofit Organizations

II. Applying for Tax-Exempt Status

Eileen Morgan Johnson

I. Nonprofit vs. tax-exempt distinctions

II. Advantages and disadvantages of tax-exempt status

III. Categories of exempt organizations

IV. Related organizations

V. Exemption application forms

VI. When to file?

VII. Form 1023

VIII. Filing requirements for small organizations

IX. Private foundation or public charity?

X. Extra Burdens of Private Foundation Status

XI. Applying for state and local exemptions

III. Maintaining Tax-Exempt Status
J. William Gray

I. UNRELATED BUSINESS INCOME TAX RULES

II. MAINTAINING NONPRIVATE FOUNDATION STATUS

III. LIMITATIONS ON POLITICAL AND LEGISLATIVE ACTIVITY

IV. ANNUAL RETURN FILING OBLIGATIONS

V. TYPES OF INFORMATION RETURNS

VI. PUBLIC DISCLOSURE OBLIGATIONS

VII. VIRGINIA STATE REGULATION OF NONPROFITS

IV. General Counsel Services
Eileen Morgan Johnson

I. Insurance

II. Statutory protections

III. Advising on operational issues

IV. Ethical issues for attorneys

V. Planned Giving Basics
J. William Gray

REASONS TO MAKE A PARTIAL INTEREST GIFT

INCOME TAX PROOF REQUIREMENTS FOR PROPERTY GIFTS

GIFTS OF PARTIAL INTERESTS

CONTRIBUTIONS TO PUBLIC CHARITIES

TIPS ON GIVING SPECIFIC KINDS OF ASSETS

EXAMPLES OF “PROBLEM” GIFT ASSETS

VI. Restructurings and Terminations
Eileen Morgan Johnson

RESTRUCTURINGS AND TERMINATIONS

I. Legal Requirements

II. Negotiations

III. Effect of a Merger or Consolidation

IV. Asset Transfers

V. Collaboration

VI. Evaluate the Merger, Consolidation or Collaboration

SPIN-OFFS AND SUBSIDIARIES

GOING OUT OF BUSINESS – DISSOLUTION

Authors

J. William Gray

Eileen Morgan Johnson

Prices

Print - $90
Download - $90
CD-ROM - $90
USB Flash Drive - $90
Both Print and CD-ROM - $115
Both Print and USB Flash Drive - $115
Purchase Options
  • Add to Cart
 

CONTACT US

Our Address

  • 105 Whitewood Road
    Charlottesville, VA 22901

JOIN OUR MAILING LIST:

  • Virginia CLE® is the non-profit educational division of the Virginia Law Foundation.

© 2016 Virginia Law Foundation