Volume XXXIV, No. 1

Lead Stories

Multiple Breaches of Trust Can Constitute "Significant Breach” to Remove Trustee

Court affirms removal of private foundation trustee even though some events, alone, might not have caused the action

NAACP May Suspend “Life” Membership Of Former Board Member

Court says directors followed the procedures spelled out in the Constitution and Bylaws

Student, Faculty and Donor Lists Are Not Trade Secrets

Court dismisses claims that former exec unfairly used information for new school
Ready Reference Page

Private Operating Foundations Are Hybrids

Organizations which are not publicly supported but use most of their assets and income in the active conduct of their charitable activities avoid some private foundation limitations.