Nonprofit Law 101 for Journalists

Publication date: 
November, 2015

This very helpful and reader-friendly summary of nonprofit law that is helpful not only to journalists but to others who are sometimes perplexed by legalese.It article includes short sections on Internal Revenue Code Section 501(c)(3), State Corporate Laws, State Charitable Trust Laws.

By Gene Takagi, Managing Attorney, NEO Law Group

Prompted by a conversation among nonprofit leaders about the public's and media's general lack of knowledge about nonprofits, this article targeted at journalists briefly discusses some basics of federal tax laws applicable to 501(c)(3) organizations and common state corporate and charitable trust laws applicable to nonprofits.