Representing Nonprofit Organizations

Date

2001

Authors

Phelan, Marilyn E.

Journal Title

Journal ISSN

Volume Title

Publisher

West Group

Abstract

Examines the nonprofit organization versus the profit form of organization. Covers organizing and operating a nonprofit entity, including how charitable organizations may obtain and maintain public charity status; the consequences of private foundation status, and how to avoid prohibited activities and their associated penalty taxes; the extent to which nonprofit organizations may engage in lobbying activities or political campaigns without jeopardizing their status; potential liability of directors of nonprofit organizations, and how to avoid it; accounting principles applicable to nonprofit organizations; practical approaches to handling unrelated business taxable income; and details on many specific types of nonprofit entities.

Description

Keywords

Nonprofit organizations, Business entity, Corporate formation

Citation