New Accounting Rules for Nonprofits
In August 2016, the Financial Accounting Standards Board (FASB) announced new rules for nonprofits: “Accounting Standards Update 2016-14 “Not-for-Profit Entities (Topic 958), Presentation of Financial
FPLG Attorney Kieran de Terra Elected to Serve on CLA Executive Committee
The California Lawyers Association is a member-driven nonprofit organization established in 2018 to be the new home of all California State Bar Sections. Recently, FPLG
Naming Rights Uprising in Suburbia
When Steve Schwarzman was growing up, his parents moved from downtown Philadelphia to Abington Township, a lovely, upper-middle-class suburb. The township’s sole secondary school had –
CA Sexual Harassment Training Mandates
The explosion of sexual harassment allegations and verified charges in recent weeks and months has brought this urgent topic to public attention in a way
Supreme Court Vacancy and 501(c)(3)s: What are the Rules?
Washington, D.C. is brutally hot in the summer. This year in the nation’s capital, the months of July and August – and perhaps several beyond
Thanks, but No Thanks (For the Donation)
Long gone are the days when a nonprofit couldn’t imagine turning down a donation – particularly a large one. In recent years, though, more and
Community Spotlight, July 2018: The San Diego Blood Bank
Starting this month, For Purpose Law Group will select and feature one of our clients… a nonprofit organization or social enterprise doing great work, and
CA Considers a Charity Crowdfunding Bill
Unless you’ve been hiding under a rock for the last two or three years, you know there’s an entirely new way to raise money: online
Rethinking the "Scarcity Thinking" That Holds Back Nonprofits
“There are many things that hold the nonprofit sector back, not the least of which is a lack of money,” wrote Neil Edgington back in
Governance: Invitation for Sector-Wide Discussion
The Nonprofit Quarterly, led by editor Ruth McCambridge, regularly takes the lead in sparking innovative thought and reflection in the nonprofit sector. On April 16,
New Unrelated Business Income Rules
In last December’s overhaul of the federal tax code, lawmakers included four provisions directly affecting certain nonprofits. One of the new laws makes dramatic changes
Expenditure Responsibility: A Primer
Over the 100 years or so that the United States has had a federal income tax, Congress has, from time to time, stepped back, evaluated