Not For Profit/Exempt Organizations Blog

Tag Archives: New York Attorney General

Recaps from Proskauer’s 20th Annual Trick or Treat Tax Exempt Seminar

By Amanda H. Nussbaum on Posted in Governance
Proskauer’s 20th Annual Trick or Treat Seminar was held on Friday, October 30. The Seminar discussed: Non-Profit Revitalization Act of 2013: Recent Developments and Outstanding Issues Recent Developments in Independent Contractor Misclassification Purpose Investing for Charities Benefits Update Amanda Nussbaum welcomed everyone to the 20th Annual Trick or Treat Seminar, commented on some of the trends … Continue Reading

New York Attorney General Issues Guidance on Not-for-Profit Law

By Jamie Bowles on Posted in Governance
In April, the New York State Attorney General’s office released guidance addressing key provisions of the New York Not-for-Profit Corporation Law.   For in-depth analysis of the Attorney General’s guidance, click here for an article by Proskauer attorneys Roger Cohen and Ellen Moskowitz.  For this blog’s coverage of the New York Not-for-Profit Corporation law, click here. … Continue Reading

Proskauer Lawyers Across the Globe Work to Help the Children of Cambodia

By Vivian Ho on Posted in Uncategorized
Our work on behalf of our client, Angkor Hospital for Children (“AHC”), in Siem Reap, Cambodia, reached a milestone with a New York Supreme Court order on September 15, 2014, transferring all the assets from a New York not-for-profit organization, Friends Without a Border (“FWAB”), to a Hong Kong company limited by guarantee, Angkor Hospital … Continue Reading

Rollout Challenges for New York Nonprofit Revitalization Act, Effective July 1, 2014

By Jamie Bowles on Posted in Governance
The rollout of the New York Nonprofit Revitalization Act of 2013 (the “Revitalization Act”), effective July 1, 2014, is causing challenges for many New York charities as the compliance date approaches.  For more information on the challenges resulting from the rollout of the Revitalization Act, click here.  For more coverage on the Revitalization Act, click here.… Continue Reading

Recaps from Proskauer’s 18th Annual Trick or Treat Tax Exempt Seminar

By Amanda H. Nussbaum on Posted in Governance
Proskauer’s 18th Annual Trick or Treat Seminar was held on Thursday, October 31. The Seminar discussed: Statutory Authority of New York Attorney General’s Charities Bureau Proposed Revisions to New York’s’ Not-for-Profit Corporation Law Impact of United States v. Windsor on Health Insurance and Retirement Plans and Key Provisions of the Affordable Care Act In her … Continue Reading

New York Legislature Passes Nonprofit Revitalization Act of 2013 — Governor Action Pending

By Proskauer Rose on Posted in Governance
In what is characterized as a “Revitalization Act,” and which certainly is a modernization, the New York State legislature has passed and placed before Governor Andrew Cuomo changes to the Not-for-Profit (“NFP”) Corporation Law. The current version of the law, if signed by the Governor, will allow for use of electronic communications (e-mail and fax) more … Continue Reading

New York Attorney General Issues Proposed Regulations to Require Nonprofits to Publicly Disclose Their Political Expenditures and Their Donors’ Identities

By Daniel J. Berger on Posted in Governance, Political Campaign Activity
New York Attorney General Eric T. Schneiderman has issued proposed regulations that would require many nonprofit organizations to annually disclose certain information about their political spending and their donors’ identities.  According to the Attorney General, the proposed regulations are in response to nonprofit organizations, in particular Section 501(c)(4) social welfare organizations, that have engaged in … Continue Reading

New York Attorney General Issues Best Practices for “Pink Ribbon” and Other Cause Marketing Campaigns

By Jamie Bowles on Posted in Charitable Giving, Governance
“Cause marketing campaigns,” or “commercial co-ventures” (i.e., advertising campaigns in which a company indicates that the purchase or use of its products will result in a charitable contribution) have long been a popular fundraising tool for charities. Some state charity authorities regulate cause marketing campaigns with a variety of requirements; some states do not regulate … Continue Reading

Attorney General Issues Guide on the New York Prudent Management of Institutional Funds Act

By Yafang Deng on Posted in Endowments
           On March 17, 2011, the New York State Attorney General’s Charities Bureau published “A Practical Guide to the New York Prudent Management of Institutional Funds Act” (the “Guide”).  The Guide provides a summary of the New York Prudent Management of Institutional Funds Act (“NYPMIFA”) as well as practical guidance on its application. Although the Guide … Continue Reading
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