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Finance: AMA Pushes For Charity Care Accountability

The NonProfit Times

Under legal and regulatory requirements in the Affordable Care Act, Internal Revenue Code, and state laws, nonprofit hospitals have broad flexibility in defining their own eligibility criteria for patients to qualify for financial assistance, as a result criteria vary across hospitals, according to information from the AMA.

Finance 94
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How Boards Can Confidently Assess Executive Pay

NonProfit Quarterly

Boards must contend with a variety of factors, from applicable state and federal laws to the nonprofit’s financial constraints to competitive pay practices to organizational values and the salaries of the rest of its staff. There’s also literally a law within the Internal Revenue Code that prohibits it.

Law 128
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How Understanding Endowment Law Is Key to Liberating Philanthropic Assets

NonProfit Quarterly

The reasons are multiple, but often, leaders claim that the law compels their behavior. In other words, foundation (also known as fund or endowment) law is manipulated to encourage wealth hoarding among actors who at least claim to prefer not to hoard wealth. This is probably not true; we’ll look at the nuances.)

Law 135
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Corporate Partnerships & The Law: Contracts ??

Selfish Giving

requested guidance on in the Selfish Giving / Accelerist Partnership Law Survey you completed last spring. Corporate Partnerships & The Law: Contracts 1. UBIT is the subject of the next post in this “Corporate Partnerships & The Law” series, so stay tuned.) State Law Required Provisions. Return Benefits.

Law 147
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How Colorado Mobile Home Residents Organized for Policy Change

NonProfit Quarterly

Andrea Chiriboga-Flor: In Colorado, I just want to talk a little bit about the timeline of how we got to this point where we have one of the strongest opportunity to purchase laws in the country now. Now we have 120 days plus usually another 120 days to come up with financing. “I That’s no time.

Law 113
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How to Restore Community Economies: Reestablishing the Right to Associate

NonProfit Quarterly

Public policy needs to facilitate large-scale financing for mutualist enterprises—organizations like cooperatives , employee-ownership trusts , and mutual insurance companies. A small change to employment law in 1974 enabled over 10 million workers to share in the profits of their employers. This must be rectified.

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Erin McKenney, Esq., joins Nonprofit Leadership Center Board of Directors

NonProfit Leadership Center

At the end of 2019, I decided to take a leap of faith and transition my career away from the practice of law and into the nonprofit sector. Erin McKenney Tweet Erin received her bachelor’s degree in finance from the University of Central Florida and her law degree from Florida State University.