Social Enterprise and Nonprofit Law Blog

the law of generating social benefit

IRS Says Agreement With For-Profit Won’t Jeopardize Nonprofit Group’s Exempt Status

On October 3, 2014, the Internal Revenue Service (IRS) issued a Private Letter Ruling (PLR 201440023) that opens the path for charities to monetize their intellectual property through commercial arrangements with for-profit companies. The ruling approves an arrangement between a 501(c)(3) charity …

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Website Solicitation

A number of states require disclosure notice statements on all written materials used when soliciting contributions. Most often the disclosure notice is required to be included on every printed solicitation or written confirmation, receipt, and reminder of a contribution. Customary examples of …

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