Nonprofit Law

In a concise and readable format, Nonprofit Law, Third 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 Third Edition:

• The implications of the Tax Cuts and Jobs Act (2017) and the Coronavirus Aid, Relief, and Economic Security (CARES) Act (2020) for nonprofit organizations
• Up-to-date analysis of nonprofit issues in the news, such as breaches of fiduciary duties, impermissible political activity, and nonprofit bankruptcies
• Introduction of some older cases, which provide background for the more modern cases
• Updated statistics throughout the book

Professors and students will benefit from:

• A practical approach that that does not assume earlier background with tax, trusts, or corporations
• Cradle to grave organization of topics
• Consideration of the theory behind the rules and their public policy implications
• Notes, questions, and problems in each chapter that add context to the text
• All relevant statutes and regulations are within the text
• Optional exercises for creating a virtual nonprofit, which become the basis for further hypothetical questions