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Nonprofit Law YOU Want to Know

Nonprofit Law YOU Want to Know

Nonprofit Law YOU Want to Know

We regularly feature answers to questions from readers in our “To the Point” column. The full list can be viewed here . Here are a few questions recently received from readers. How can founder be protected? The CEO of a nonprofit (which she started) is applying for 501(c)(3) status and is formulating a Board. She wants the bylaws to preclude the Board from terminating her since she is the "founder." Can this verbiage be legitimately incorporated in the bylaws? Is that an acceptable practice? --From the Website. I am planning on starting up a nonprofit organization for a youth project for at-risk youth; I will be the founder. May I serve on the Board of Directors as President and also as the...

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