Nonprofit Law & Governance for DummieseBook - 2007
As the number and size of nonprofit organizations continues togrow, NFPs are coming under ever-increasing government scrutiny.Soon Congress will require that nonprofits comply with rigorousaccounting and governance standards very similar to those set forthfor for-profits in the Sarbanes-Oxley Act.
If you work for a nonprofit and are concerned about meetingimpending changes to tax and finance standards governing NFPs thisbook is for you. In simple, straight-forward language, this guidedemystifies the often perplexing world of nonprofit governance inthe age of Sarbanes-Oxley. Author, Jill Gilbert Welytok, anattorney who heads the Sarbanes-Oxley division of a major Midwestlaw firm, walks you step-by-step through the process of evaluatingyour governance structures. She arms you with tips and strategiesfor adopting uniform standards under current governance and taxlaws, while preparing you for any upcoming changes. She shows youhow to protect your tax status and reassure donors and volunteerswhile staying true to your organization’s mission. And shefills you in on what you need to know to:
- Comply with state laws and regulations
- Get and keep tax–exempt status
- Avoid lawsuits and other legal landmines
- Handle the media
- Anticipate future trends
- Make sense of the Sarbanes–Oxley act
Including sample nonprofit bylaws and a complete audit committeereport, Nonprofit Law & Governance for Dummies, SecondEdition is an indispensable survival tool for 21stcentury nonprofits.
Nonprofit law & governance
Nonprofit law and governance