Nonprofit Law The Life Cycle of a Charitable Organization [Connected eBook]

by Schmidt, Elizabeth; Madison, Allen

• ISBN13: 9798892074780
• ISBN10: 8892074784
• eBook ISBN(s): 9798892074797
• Edition: 4th
• Format: Paperback
• Copyright: 2025-09-15
• Publisher: Aspen Publishing
• More Book Details

Summary

Buy a new version of this textbook and receive access to the Connected eBook on Casebook Connect, including academic lifetime access to the online ebook with highlight, annotation, and search capabilities. Access also includes an outline tool and other helpful resources. Connected eBooks provide what you need most to be successful in your law school classes.

In a concise format, Nonprofit Law: The Charitable Life of a Charitable Organization, Fourth Edition provides up-to-date information about the legal issues that can arise at every turn of a Section 501(c)(3) organization—from inception to termination. The book is designed to satisfy the highest academic requirements for law, business, and public policy students and to provide a helpful desk reference to practicing nonprofit professionals. It uses cases, hypothetical questions, and examples from current events to explore the corporate, tax, and other regulatory issues that nonprofit managers, board members, and their lawyers ultimately face.   

New to the Fourth Edition:

• New cases from the U.S. Supreme Court (Loper Bright) and the Minnesota Supreme Court (Otto Bremer Trust).
• Discussion of important recent cases involving the National Rifle Association, Open AI (Chat GPT), and affirmative action.
• Discussion of alternative structures that can achieve a charitable mission.
• Discussion of the Model Nonprofit Corporations Act, 4th Ed. (2022), and the Restatement of the Law, Charitable Nonprofit Organizations (2021).
• Up-to-date analysis of nonprofit issues in the news, such as threats from politicians to end tax exemption, donor advised funds, hospitals, property taxes, and NIL (name, image, and likeness) athletic organizations Updated statistics throughout the book.

Professors and students will benefit from:

• Teaching objectives listed at start of each chapter.
• Clearly organized content.
• Practical approach that that does not assume earlier background with tax, trusts, or corporations.
• Integrated discussion of policy and current issues.
• Consideration of the theory behind the rules and their public policy implications.
• All relevant statutes and regulations are within the text.
• Questions that prompt critical thinking and prepare students to engage in classroom discussion.
  Up-to-date questions to generate classroom discussion about the uncertainties created by the second Trump administration.
• Optional exercises for creating a virtual nonprofit, which become the basis for further hypothetical questions.

Table of Contents

SUMMARY OF CONTENTS

Contents 
Preface to the Fourth Edition
Acknowledgments

UNIT I. THE CONTEXT OF CHARITABLE ORGANIZATION LAW 
1. INTRODUCTION 
2. BIRTH OF A CHARITABLE ORGANIZATION 
3. NONPROFIT BOARD GOVERNANC
4. TAX-EXEMPT PURPOSES OF §501(c)(3) ORGANIZATIONS

UNIT II. RAISING MONEY 
5. CHARITABLE SOLICITATIONS 
6. CHARITABLE CONTRIBUTIONS
7. PRIVATE FOUNDATIONS AND THEIR ALTERNATIVES
8. RAISING FUNDS FROM COMMERCIAL ACTIVITIES 

UNIT III. ISSUES WHILE RUNNING THE ORGANIZATION 
9. INUREMENT, PRIVATE BENEFIT, AND EXCESS BENEFIT
TRANSACTIONS 
10. RELATED ENTITIES 
11. LOBBYING AND POLITICAL CAMPAIGN ACTIVITIES 
12. ACCOUNTABILITY 

UNIT IV. ENDING THE ORGANIZATION 
13. DISSOLUTION, MERGER, AND CONVERSION 

Table of Cases 
Table of Statutes 
Index