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Should your non-profit have members?

Should your non-profit have members?

Members significantly increase a non-profit corporation’s operation and recordkeeping burden, and members also restrict the actions that non-profit corporations (“NPC”) can take without a vote of approval by the membership. However, memberships are also an excellent way to bring in steady revenues and spread knowledge about and participation with your NPC. In short, you should Read More

Corporate Purpose: Does It Matter?

Corporate purpose defines the outer limitations on what your corporation is permitted to do. Historically, corporate purpose was very important because corporations were prohibited from asserting general purpose statements. However, modern corporate reform removed these limitations, and corporations may now use general purpose statements – and indeed most do. Corporation Purpose: Historical Perspective Historically, the Read More

How a Lawyer Can Help Your Non-Profit

A lawyer can provide non-profit organizations with strategic advice, good governance training, legal and grant compliance, and many other services that magnify the impact of the non-profit and enhances its ability to fulfill its mission. Non-profits should hire attorneys to help them incorporate, apply for tax status, and establish good governance procedures. Attorneys can also Read More