November 14, 2008

Public Charity Update: Other Courts Weigh In

In this follow up to the April 15 article What Qualifies as a Public Charity? Minnesota Enters the National Debate, the authors analyze three cases that illustrate the uncertain environment in which nonprofit entities are currently operating.

As the focus on tax-exempt entities intensifies, organizations such as colleges and universities, churches, and hospitals will need to take a closer look at their unrelated business income, endowments, governance and executive compensation practices.

The following article offers insight designed to help nonprofit boards respond effectively to these developments. Read more

Republished with permission of the William Mitchell College of Law Journal of Law & Practice, November 2008.