New York Not-for-Profit Corporations: A Primer on Formation and Governance – Video Replay
Navigating the federal and state landscapes regulating and restricting charitable entities is a complex endeavor. This program will focus on federal and state regulations pertaining to not-for-profit corporations and governance issues relating to those entities. We will cover the following topics:
I. FORMATION
A. Selecting the Type of Charitable Organization:
• Private Foundations (Non-Operating), Private Operating Foundations and Public Charities
• Comparison of 501(c)(4) and 501(c)(6) organizations
• When is a 501(c)(4) preferable
• Other tax exemption applications you may need to make (property tax exemptions and PILOTS)
• Revocation of tax-exempt status: how is it triggered and how can it be fixed
B. Achieving and Maintaining Federal Tax Exempt Status: Applying for Federal Tax Exemption – the Form 1023; federal reporting requirements – the Form 990
C. New York Registration and Reporting Requirements. Form CHAR410, Form CHAR410-A, Form CHAR410-R
II. GOVERNANCE
A. Use of Endowment Funds
B. Selection of Auditors
C. Investment Policies
D. Whistleblower Provisions
E. Compensation of Officers
F. Excess Benefit Transactions
- August 17, 2023
- 11:00 AM
- 12:00 PM
- 1.0
- 1.0
- Virtual Participation
- Ralph A. Siciliano, Speaker, Tannenbaum Helpern
- Yolanda Kanes, Speaker, Tannenbaum Helpern Syracuse & Hirschtritt LLP
- Webinar
- 0MY71Z
- Committee on Continuing Legal Education
- Business Law Section
- Not-for-Profit Corporations Law Committee