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Read need-to-know updates, commentary, and analysis on Nonprofits issues written by leading professionals.
Freeman Law

Termination of a Private Foundation

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The termination or liquidation of a private foundation is generally governed by Internal Revenue Code section 507, applicable state law, and the governing documents of the private foundation....more

Blank Rome LLP

New Proposed Rulemaking Targets Federal Grants

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On May 29, 2026, the Office of Management and Budget (“OMB”) published a lengthy proposed rule in the Federal Register that would fundamentally transform the government-wide framework for federal financial assistance. Joined...more

Ropes & Gray LLP

IRS Announces Intent to Issue Regulations on Expanded Executive Compensation Excise Tax for Tax-Exempt Organizations

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On June 5, 2026, the Internal Revenue Service released Notice 2026-36 announcing its intent to issue proposed regulations under Section 4960 of the Internal Revenue Code addressing the significant expansion under the One Big...more

Partridge Snow & Hahn LLP

Be Ready to Borrow: Practical Steps Nonprofits Can Take Now

Nonprofits that prepare early are better positioned to access credit quickly when needs arise. Lenders move faster and negotiate more favorably when an organization’s governance, regulatory, and financial house is in order....more

Venable LLP

The Administration’s Proposed Revisions to the Uniform Guidance Are Here! And There Is a Lot Here to Consider!

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As we shared on May 29, 2026, the Office of Management and Budget (OMB) issued a long-awaited update to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards ("Uniform Guidance")....more

Polsinelli

Congress Considers Expanded Schedule H Reporting Requirements for Tax-Exempt Hospitals

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Key Takeaways: Congress is considering expanded Schedule H reporting requirements for certain tax-exempt hospital organizations required to file Form 990 to require more detail on community benefit, charity care, 340B...more

Dentons

Governor Vetoes Regents Venture Investment Requirement Bill

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On June 2, in the last list of bills in her term, Governor Reynolds vetoed five bills, including SF 2453, which would have created new requirements for Iowa’s three regents universities to invest their endowments into Iowa...more

Kohrman Jackson & Krantz LLP

DOL Clarifies Exempt Status for Dual-Role Employees Performing Hourly Work

The U.S. Department of Labor (DOL) Wage and Hour Division recently issued Opinion Letter FLSA2026-5 (May 28, 2026), offering important clarity on a common workforce practice: allowing exempt employees to perform additional,...more

Bradley Arant Boult Cummings LLP

Federal Grants Overhauled: What OMB’s Sweeping Proposed Rule Means for Your Organization

The Office of Management and Budget (OMB) has issued one of the most significant proposed overhauls to federal grants management in over a decade....more

BakerHostetler

When a Jingle Becomes a Liability

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Do you know the Kars4Kids jingle? If so, you are not alone. A California judge has now found that the same catchy simplicity that made the ad effective also made it deceptive....more

Schwabe, Williamson & Wyatt PC

New Grant Regulations from OMB

The Office of Management and Budget (OMB) and over 40 Federal agencies are proposing sweeping revisions to 2 CFR Parts 1, 25, 170, 175, 176, 180, 182, 183, and 200, among others. ...more

Venable LLP

Uniform Guidance Proposed Updates

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Yesterday, the Office of Management and Budget (OMB) issued the updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards ("Uniform Guidance") that grantees have been...more

Kohrman Jackson & Krantz LLP

Private Foundation Excise Taxes and the Unique Problems Facing Entrepreneurs

Charitable giving has become an important goal of many entrepreneurs who have accumulated substantial wealth in closely held businesses. Among the many philanthropic vehicles available, the private foundation stands apart for...more

Bricker Graydon Wyatt LLP

[Event] June Bridge Series - June 4th, Cincinnati, OH

Our upcoming Bridge Series event will spotlight the power of education and community impact through a dynamic panel of women leaders making a difference across the nonprofit, advocacy, and academic spaces. Join us for a...more

Tucker Arensberg, P.C.

Recent Pennsylvania Supreme Court Decision Provides Refund Opportunities for Tax Exempt Organization

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The Pennsylvania Supreme Court recently ruled that a tax-exempt organization did not have to pay a Storm Water Management Fee because the charge was a tax and not a fee. This ruling provides a refund opportunity for any...more

Foley & Lardner LLP

New Lawsuit Tests the Limits of Donor-Advised Fund Advisory Privileges

Foley & Lardner LLP on

A recent lawsuit seeking to clarify the extent of an advisor’s privileges with respect to a donor-advised fund (DAF) has been filed in the U.S. District Court for the District of Colorado. In Peterson v. WaterStone, a DAF...more

Moore & Van Allen PLLC

Client Alert: South Carolina Freezes Certain Nonprofit Low-Income Housing Property Tax Exemption Applications (Updated)

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UPDATE — May 20, 2026: On May 19, 2026, the Governor signed S. 853 into law, enacting the temporary processing freeze on certain Exemption Statute applications discussed below....more

Ward and Smith, P.A.

North Carolina’s Gift Ban: What Social Welfare Organizations and Event Sponsors Need to Know

Ward and Smith, P.A. on

These restrictions may be implicated even when an organization does not retain a lobbyist or engage in lobbying.  This article explains who those rules cover, what counts as a prohibited gift, and how nonprofits –...more

Offit Kurman

Beyond Attendance: The Legal Duties of Nonprofit Board Members

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Serving as an officer or director of a nonprofit organization is both an honor and a serious legal responsibility. Whether your organization is a large regional association or a small community-based nonprofit, the...more

Moore & Van Allen PLLC

Client Alert: South Carolina Freezes Certain Nonprofit Low-Income Housing Property Tax Exemption Applications

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Key Points - This is the second late-session bill affecting the nonprofit housing property tax exemption. As covered in our May 12, 2026, client alert, H. 5006 was amended on the Senate floor to rewrite the exemption under...more

Kohrman Jackson & Krantz LLP

Trump Accounts and the Stock Donation Debate: What the Law Actually Says — and What Is Still Unsettled

The Trump administration is weighing whether to allow contributions of appreciated stock directly into §530A “Trump Accounts” — children’s savings accounts created by the One Big Beautiful Bill Act of 2025 (OBBBA), Pub. L....more

Orrick, Herrington & Sutcliffe LLP

From Parking Lots to Permanent Homes: How Religious Institutions Are Solving the Affordable Housing Crisis and How Smart Financing...

Across the country, a quiet revolution is underway in unexpected places: church parking lots. From Los Angeles to Detroit, religious institutions of every denomination are sitting on some of the most underutilized land in...more

Moore & Van Allen PLLC

Client Alert: South Carolina Property Tax Exemption for Nonprofit Low-Income Housing: Critical Legislative Development

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Key Points: Pending South Carolina legislation would unexpectedly amend the nonprofit housing property tax exemption statute....more

Phelps Dunbar

Universities Explore Private Equity Partnerships as Roster Costs Rise

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The House settlement redefined college sports, but though it resolved revenue-sharing and name, image and likeness (NIL) issues, it opened the door to new concerns for schools. Colleges now find themselves in a competitive...more

Kelley Drye & Warren LLP

Supreme Court Unanimously Limits State AG’s Subpoena Power Over Donor Information

The U.S. Supreme Court recently issued an unanimous decision holding that a New Jersey Attorney General subpoena seeking nonprofit donor information inflicted a present injury on the organization’s First Amendment...more

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