Personal: Rick's first fundraiser finishes on 4/9

By Rick Colosimo / April 8, 2011 /

Here’s a short link to one of my other blogs, Watch Rick Train. I’m raising money all year for Reed Academy, starting with the Tough Mudder in Pennsylvania tomorrow and finishing with Ironman Florida in November. My goal is $140,000. This is the start. Thanks for your support; I’ll post updates at the WRT blog.

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Five-minute general counsel: what nonprofits want

By Rick Colosimo / October 15, 2010 /

Nancy Lublin’s column in Fast Company is always interesting, even moreso when I disagree with her. A column from February, “We Really Need to Talk,” (oddly renamed on the web as “Foundations’ Four Biggest Faux Pas”) is a little list of four points she’d make to foundations. To me, they boil down to versions of…

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Five-minute general counsel: can a nonprofit change mission?

By Rick Colosimo / October 15, 2010 /

This LinkedIn question asked about mission drift for non-profits. There are a couple different layers of answer, depending on what’s going on and who’s asking. First, the fundamental concern: will the change of mission jeopardize nonprofit status (and that typically means jeopardize 501(c)(3) status, which means deductibility of donations by donors)? The answer depends on…

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Five-minute general counsel: should I be a social enterprise?

By Rick Colosimo / September 9, 2010 /

Here’s a question on quasi-nonprofits that I’ve been hearing more often: Do I need to have a nonprofit status to become a social entrepreneurial enterprise? I found this LinkedIn question to be interesting for two reasons: first, it’s very related to a nonprofit question I field all the time, and second, I have a current…

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