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Lead Stories
May Charity Fire Exec After Political Endorsement?
Court says volunteer directors, including one paid as consultant, are not personally liable
Director’s Challenge to Decision Is Grounds for Removal by Members
Court says demand letter causing association to incur legal fees is sufficient “cause” for removal
May Auditors Be Liable for Statements When Charity Officers Misrepresent Data?
PA Court narrows in pari delicto defense where auditors conspired with officers to produce false statements
To the Point
How can I provide start-up funds for nonprofit?
I am thinking of starting a new 501(c)(6) trade association and providing all of the initial funding, but I would like to get it back when the association is able to pay it. Someone told me that any payment to me would be considered a preferential payment and could jeopardize the organization’s exempt status. Is that true?