Converting a Nonprofit Into a For-Profit Entity
Seamlessly shifting from nonprofit to for-profit demands strategic steps and legal insight—discover how to navigate this complex transformation successfully.
-
-
States That Recognize and Regulate L3Cs in 2025
Many states in 2025 embrace L3Cs, blending profit with purpose—but which ones lead the way and what rules shape their success? Find out here.
-
Conflicts of Interest in Dual-Service Nonprofit Board Roles
Grappling with conflicts of interest in dual nonprofit board roles reveals hidden challenges that test loyalty and ethics—discover why transparency is crucial.
-
Structuring Business Referral Incentives Without UBIT
Transform your referral incentives to avoid UBIT pitfalls—discover how strategic structuring safeguards your nonprofit’s tax-exempt status. Learn the key steps today.
-
Asset Transfers Between For-Profit & Nonprofit Affiliates
Gain insight into the complexities of asset transfers between for-profit and nonprofit affiliates, and discover key strategies to navigate potential pitfalls effectively.
-
Private Inurement in Nonprofit-Owned For-Profit Ventures
Only by understanding private inurement risks can nonprofits safeguard their tax-exempt status when owning for-profit ventures—discover how to protect your mission.
-
Revenue-Sharing Agreements Between Nonprofits & Vendors
Creating clear revenue-sharing agreements between nonprofits and vendors can boost impact and growth—discover how to navigate this complex collaboration.
-
Transfer Pricing in Nonprofit-Controlled Businesses
Navigating transfer pricing in nonprofit-controlled businesses reveals unique compliance challenges and strategic opportunities that nonprofit leaders must understand to ensure fairness and legality.
-
Revenue-Sharing Terms in 501(c)(3) Subsidiaries
Want to understand how revenue-sharing in 501(c)(3) subsidiaries safeguards tax-exempt status while maximizing impact? Discover the key terms you must know.
-
Fiduciary Duties of Dual-Role Directors in Business-NFP Deals
Mastering fiduciary duties in dual-role directors reveals complex challenges and essential strategies for balancing business and nonprofit interests effectively.
-
Nonprofit Operational Excellence Framework Guide
Gain insights into a comprehensive nonprofit operational excellence framework that transforms impact and efficiency—discover the key elements driving sustainable success today.
-
Charitable Silent Auction Alcohol Service Compliance
Proper permitting, liability coverage, and age verification are pivotal for charitable silent auctions serving alcohol—discover the essential steps to ensure full compliance.
-
Nonprofit Board Meeting Minutes Retention Rules
Board meeting minutes retention rules for nonprofits balance legal mandates with transparency—but are you fully prepared to meet every requirement?
-
Charitable Endowment Invasion Policy
Crafting a charitable endowment invasion policy carefully balances urgent financial needs with donor intent, ensuring long-term sustainability and legal compliance.
-
501(c)(3) Volunteer Recognition Expense Limits
Only by understanding 501(c)(3) volunteer recognition expense limits can organizations avoid costly mistakes that impact tax-exempt status—discover the key rules now.
-
Nonprofit Board: Electronic Voting Protocol
Implementing electronic voting protocols for nonprofit boards involves critical steps to ensure security, transparency, and legal compliance—discover how to safeguard your process.
-
Nonprofit Board Zoom Meeting Quorum Rules
Setting quorum rules for nonprofit board Zoom meetings requires careful attention to bylaws and state laws—discover what you must know to stay compliant.
-
501(c)(3) Volunteer Travel Expense Reimbursement Limits
Find out how far 501(c)(3) organizations can stretch reimbursements for volunteer travel expenses before hitting IRS limits and risking compliance issues.
-
Nonprofit Board: Voting Rights for Ex-Officio Members
Just how much influence do ex-officio members truly have on nonprofit boards? Discover the key to unlocking their voting rights.
-
Nonprofit Board Meeting Minutes Redaction Rules
Following strict nonprofit board meeting minutes redaction rules safeguards privacy and compliance, but uncovering the full best practices requires deeper insight.
-
Nonprofit Grant Compliance Checklist
Prepare your nonprofit for success with a comprehensive grant compliance checklist that ensures funding eligibility and builds trust with funders—discover the essential steps now.
-
Charitable Trust Termination
Beneath the surface of charitable trust termination lies a web of legal complexities that could reshape the future of your philanthropic efforts. What should you know?
-
Nonprofit Sponsorship Agreement
A nonprofit sponsorship agreement outlines vital roles and benefits, yet understanding its nuances can unlock greater community impact and collaboration potential.
-
Donor-Restricted Gift: Variance Power Clause
Knowing how the variance power clause can reshape donor-restricted gifts is crucial for nonprofits—discover its pivotal role in modern philanthropy.
-
Nonprofit Board Conflict of Interest for Family Members
Overlooking family ties on nonprofit boards can lead to serious conflicts of interest; discover the critical strategies to ensure fair governance.
-
Donor-Advised Fund Termination
Before terminating a Donor-Advised Fund, discover the essential steps and potential impacts that could reshape your charitable giving strategy.
-
Donor-Advised Fund Termination Fee
Perhaps you’re considering a Donor-Advised Fund termination fee; understanding its implications could significantly impact your philanthropic journey.
-
Legal Requirements for Business Raffles
Obtaining the right permits and understanding local laws is essential for successful business raffles; discover the critical steps to ensure compliance and maximize your fundraising efforts.
-
Legal Considerations for Wrongful Termination in Non-Profit Organizations
The legal landscape of wrongful termination in non-profits can be complex, revealing critical insights that every organization must understand to protect itself.
-
Who Can a Nonprofit Give Funds to When Dissolving?
Note: This article is based on Minnesota law. The law in other jurisdictions may vary. Most nonprofit organizations—including charities, churches, hospitals, and schools—eventually come to an end. As an organization’s Board of Directors prepares to close the doors and terminate, it needs to determine what to do with the organization’s remaining funds. That is, the…
