Nonprofits

Catalog description

Nonprofit organizations play a crucial part in the U.S. economy. Among other things, they account for almost 10 percent of the wages paid in the United States, and they account for more than 5 percent of the country's GDP. This class will go over the laws that govern this nonprofit activity, including the organization and operation of nonprofit organizations under state law, the rules governing federal tax exemption and charitable deductions for donors, and the laws that govern noncharitable nonprofit organizations. By the end of this class, you should have basic knowledge that you will need to advise nonprofit boards of directors of their legal obligations and ensure that nonprofit organizations comply with relevant federal and state laws.