Nonprofit Governance: Law, Practices, and Trends

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John Wiley & Sons, Apr 22, 2009 - Business & Economics - 288 pages

Nonprofit Governance

Law, Practices & Trends

Governance seems to be the subject that is perched atop every nonprofit lawyer's worry/wish list, despite the fact that there is not much law on the point, particularly at the federal level. This ascension in importance is largely due to the various organizations propounding best practices and principles for public charities and other forms of nonprofit organizations, the IRS's redesigned Form 990, the agency's aggressive push of certain good governance principles in the tax-exempt organizations' setting, and scandals brought to light by the Senate Finance Committee staff.

Stemming from the authors' endless hours of meditating over the new Form 990 and sifting through the many (and often inconsistent) best practices principles, Nonprofit Governance fills the need for some cohesion in the realm of nonprofit governance by providing in-depth coverage and explanations of the laws, practices, and trends in this volatile area.

An invaluable resource for nonprofit executives, officers, directors, nonprofit lawyers, accountants, members of boards of directors, and consultants, legal experts Bruce R. Hopkins and Virginia Gross's Nonprofit Governance brims with detailed documentation and references to regulations, rulings, cases, and tax literature (which includes current articles and tax law review notes). Here, readers will find a wealth of clarifying information on:

  • Federal and state law fundamentals
  • Board member responsibilities and liability
  • Nonprofit governance principles
  • Nonprofit governance issues
  • Application of the private benefit doctrine
  • Governance and the redesigned Form 990
  • Recommended polices and procedures
  • Governance case studies
  • Governance legal audit
  • A law primer for nonprofit board members
  • And much more

The book includes an exhaustive index, Internal Revenue Code citations and numerous case studies, tips, forms, and checklists to round out the authoritative coverage. Nonprofit Governance is an indispensable guide to, and through, all of the governance policymaking that is unfolding, to improve the management of nonprofit organizations as well as to help organizations be in compliance with nonprofit governance law.

 

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User Review  - mdubois - LibraryThing

Good overview of nonprofit governance issues and applicable law and standards. Read full review

Contents

Federal and State Law Fundamentals
1
5
5
Board Members Responsibilities and Liability
21
3
22
11
28
Nonprofit Organizations Governance Principles
45
Governance and the Redesigned Form 990
93
21
96
Nonprofit Governance Issues
111
13
146
Policies and Procedures for Good Governance
157
Nonprofits in the Spotlight Governance Case Studies
181
Law for Nonprofit Board Members A Primer
195
Governance Legal Audit
223
181
247
Index
255

8
107

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About the author (2009)

BRUCE R. HOPKINS is a senior partner with the firm Polsinelli Shughart PC. He is also the author or coauthor of more than twenty-five books, all published by Wiley, including The Law of Tax-Exempt Organizations, Ninth Edition; The New Form 990; and Nonprofit Law Made Easy. Hopkins earned his juris doctorate and master of laws degrees at The George Washington University. He has practiced law for forty years and is a member of the District of Columbia and Missouri bars.

VIRGINIA C. GROSS is a shareholder of Polsinelli Shughart PC. Ms. Gross concentrates her practice in the field of nonprofit law and is a frequent writer and speaker on nonprofit issues. She is listed in The Best Lawyers in America for nonprofit organizations/charity law for 2008 and 2009. She is a coauthor of The New Form 990, published by Wiley. Ms. Gross earned her juris doctorate at the University of Texas. She is a member of the District of Columbia, Texas, Missouri, and Kansas bars.

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