working on paper on desk

What is a 501(c)(4) organization?

It can be difficult upon first glance to understand the differences between the various sets of letters and numbers used to identify nonprofit organizations. You hear a lot about 501(c)(3) organizations, but what if you come across a 501(c)(4)…
hockey-rink-stanley-cup

Stanley Cup Inspired: How Policies & Procedures Help Nonprofits Win the Game

Robert Frost famously quipped that writing poetry that doesn’t rhyme is like “playing tennis without a net.” Right now, a different sport without a net is grabbing our attention. Currently, the NHL sports fans are tuned into the NHL…
hammers and tools hanging in garage

(Legal) Word of the Day: Property

,
Three Parties I’ve previously written about the three parties necessary for every trust: (1) the settlor (sometimes called the donor or grantor); (2) the trustee; and (3) the beneficiary. Two Other Elements Besides three parties, at least…
Dr. Martin Luther King Jr memorial

Honor Dr. Martin Luther King, Jr. by Defining your Legacy

Today we celebrate Dr. Martin Luther King, Jr. and his passion, constancy, and determination in making America live up to its professed ideals and fulfill "the promise that all men, yes, black men as well as white men, would be guaranteed the…
Marting Luther King Jr. and American Flag

Celebrating the Legacy of Martin Luther King Jr.

, ,
Martin Luther King Jr. Day is tomorrow (January 20) I think it's important to pay tribute to a man who truly championed ideals of equity, freedom, peace, and justice. Among his many accomplishments, Dr. King tirelessly pushed for nonviolent…
puzzle pieces

Grantor-Grantee Policy Best Practices

 What is a Grantor-Grantee Policy? A grantor-grantee policy outlines how the organization expects the relationship with grantees (other organizations applying for funding or grants) to be structured. (Sometimes you’ll see this type of policy…