General

For those of us committed to reparative finance and “DEI” programs, most of the recent news has been discouraging. However, thanks to the law firm Faegre Drinker, I came across this interesting [...]

I’ve been tracking the AAER / Fearless Fund litigation and related developments very closely. I’ve been telling clients not to take immediate action based on the filing of the lawsuit, as it [...]

We recently engaged a consultant to help us examine and ultimately overhaul our internal governance and decision making systems. One of the exercises in this process was to articulate our firm’s [...]

Disillusionment, divorce, isolation – these transformational forces chewed on me over a five-year cocooning period. As I emerge into flight, I am animated by an imperative to love. To love above [...]

        Remote Workers Many of our business clients have had drastic workforce changes during the COVID-19 pandemic, including having existing employee s relocate or taking on [...]

Many of our business clients have had drastic workforce changes during the COVID-19 pandemic, including having existing employees relocate or taking on new employees in new jurisdictions. As a [...]

The IRS provides two forms of its Form 1023: Application for Recognition of Tax-Exempt Status, and most organizations seeking tax-exemption under Section 501(c)(3) will need to file either the [...]

In October 2020, the IRS released a private letter ruling (PLR 202041009) in which the IRS denied tax-exempt status to a nonprofit formed for the purpose of increasing social welfare, where the [...]

Private foundations (as well as donor-advised funds – or DAFs) are prohibited from (together with the organization’s “disqualified persons”) holding more than 20 percent of a non-exempt business. [...]

As others have pointed out, early-stage companies are experiencing dramatically increased funding needs, and specifically, needs for financing with flexible repayment terms. Often, the go-to [...]