Five-minute general counsel: what nonprofits want

By Rick Colosimo / October 15, 2010 / Comments Off on Five-minute general counsel: what nonprofits want

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 / Comments Off on Five-minute general counsel: can a nonprofit change mission?

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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