NY AG’s Office Submits Comments to IRS Notice 2021-56 on LLCs
On March 10, 2022, the Office of the New York Attorney General, Charities Bureau, submitted comments in response to IRS Notice 2021-56 (the “Notice”). The Notice, which was published on…
IRS Issues Notice Regarding Standards for 501(c)(3) Status of Limited Liability Companies
On October 21, 2021, the Internal Revenue Service (the “IRS”) published Notice 2021-56. The Notice sets forth current standards that a limited liability company (“LLC”) must satisfy to receive a…
ICYMI: Virtual Member Meetings Now Permanently Permitted for New York Nonprofits
On November 8, 2021, New York Governor Kathy Hochul signed legislation that permanently allows New York nonprofit corporations with members and religious corporations to hold virtual membership meetings, and nonprofit…
Pamela Mann to Discuss Case that Inspired Play about Preservation of Religious Books from Nazi Era
On March 20th, 2022, Carter Ledyard Tax-Exempt Organizations Chair Pamela Mann will participate in a panel discussion at the Jewish Theological Seminary following a staged reading of The Spanish Prayer…
Governor Hochul Signs Bill Repealing Burdensome Filing Requirements for Nonprofits
On Friday, November 12, Governor Hochul signed S4817A, repealing certain recently enacted amendments to N.Y. Exec. Law § 172-b that (a) imposed duplicative and burdensome filing requirements on charitable organizations…
NASCO Publishes Survey of State Laws Governing Registration of Charities
The National Association of State Charity Officials (“NASCO”) recently published the Survey of State Laws Governing Registration of Charities as of July 2021. In general, prior to soliciting donations from…
New York Charities Bureau Suspends Schedule B Collection
Effective July 30, 2021, the New York Attorney General’s Charities Bureau has suspended its collection of Schedule B to IRS Form 990 while it reviews possible amendments to its forms,…
Senate Bill Proposes Revisions to Rules Governing Donor Advised Funds and Private Foundations
On June 9, 2021, U.S. Senators Angus King (I-Maine) and Chuck Grassley (R-Iowa) introduced the Accelerating Charitable Efforts Act (the “Act”) which, if adopted, would revise current laws dictating the…
Supreme Court Holds California’s Donor Disclosure Law Facially Unconstitutional
Americans for Prosperity Foundation v. Bonta, No. 19-251, consolidated with Thomas More Law Center v. Bonta, No. 19-255. The Court’s opinion is available here. On July 1, 2021, the Supreme…
New York State Legislature Passes Bill to Repeal Burdensome Filing Requirements for Nonprofits
The New York State Assembly and Senate have passed A1141A/S4817A, a bill to repeal certain recently enacted amendments to N.Y. Exec. Law § 172-b, which, effective January 1, 2021, (a)…