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Committee on Non-Profit Organizations

The Committee on Non-Profit Organizations addresses the legal problems of not-for-profit corporations and other nonprofit organizations, including corporate formation, federal and state tax issues, lobbying and political involvement, trustee duties and liability, charitable solicitations, and investments of financial assets.

Recent topics addressed by the Committee include reform of New York’s Not-for-Profit Corporation Law, issues surrounding the newly-adopted New York Prudent Management of Institutional Funds Act (NYPMIFA) including the need for all New York-formed nonprofits to adopt an investment policy, proposed rules by the SEC regarding registration of investment advisors that might have an adverse impact nonprofit directors and officers, the role of lawyers on nonprofit boards, program-related investments and alternative forms of quasi-nonprofit organizations, such as L3Cs and B Corporations.


Recent Reports

Statement in Opposition to the Proposed New Definition of “Independent Expenditure” in New Part Q of the 2015-2016 Public Protection and General Government Budget (March 2015) ( PDF format )
Subject area: Campaign Finance Law

Comments on A.9600/S.7341 which would delay the effective date of a number of the sections in the Non-Profit Revitalization Act of 2013 (June 2014) ( PDF ) 
Subject area: Non-profit Revitalization Act

For the full list of committee reports click here


Legislative Activity

For more information on the legislative and policy work of the committee, including relevant reports, bill texts and additional advocacy materials, click here.


 

Related Events

4/29: 3rd Annual Not-for-Profit Institute: New York Nonprofit Law in the Age of the Revitalization Act