When debts begin to spiral out of control, bankruptcy offers an avenue for an organization to take a degree of control over how it resolves the problem. Like churches, 501(c)(4) social welfare [...]
As a nonprofit gets off the ground, it quite often happens that its leaders are hesitant to take steps to organize the nonprofit as a legal entity because doing so could disrupt the interpersonal [...]
Internal controls are a familiar emphasis for professionals working in the world of publicly traded companies. Regulations from laws like the Sarbanes-Oxley Act (SOX) require public companies to [...]
A wealthy donor can be a boon to a nonprofit’s fundraising efforts, both for his or her direct contributions as well as the access the donor can give to other members of the elite. But what if a [...]