May 16, 2011 to June 15, 2011
Lead Stories
Foundations’ Assets Not Available For Hospitals’ Creditors in Bankruptcy
Right to give to hospitals does not mean foundations are required to give to hospitals
Charter School Must Indemnify Sponsor and State in Suit by ACLU
Contract requires defense and hold harmless when school is sued for establishing Islamic religion
Church Retreat’s Release Precludes Suit by Guest
Court says language is clear and comprehensive and sufficient to protect vendor on premises
Nonprofit Law YOU Want to Know
We regularly feature answers to questions from readers in our “To the Point” column. The full list can be viewed on the site.
To the Point
Are financials required to be made public in a 501(c)(3)?
Our recreational softball league began with an election but since then the board has become secretive. Recently we have heard that they are using League funds for food and alcohol purchases, amended by-laws that we as members have never seen, appointed themselves for three-year terms and will be appointing two persons to fill vacancies. My questions are: 1. Are financials required to be made public in a 501(c)(3)? 2. Can they fix the board positions? 3. Can they appoint directors? 4. Can League funds be used for food and alcohol?
Lessons from Litigation