Category Archives: Governance

Public Funds Bring Increased North Carolina Nonprofit Transparency

Effective October 1, 2012, North Carolina nonprofit corporations receiving more than five thousand dollars ($5,000.00) of public funding  within a fiscal year from any local, state, or Federal government shall disclose their latest annual financial statements upon written demand from any member … Continue reading

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Lawyers Serving On Nonprofit Boards

Pick a nonprofit scandal.  Generally a lawyer served on the board of directors. When reading about nonprofit scandals, my question is “Where was the lawyer?”  It often appears they were absent as a board member and a lawyer. During a recent CLE program, I spoke on lawyer’s legal and professional responsibilities using … Continue reading

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Alzheimer’s Association – Disaffiliation and Arbitration

In my earlier post I provided personal history related the creation of the Alzheimer’s Association’s “Statement of Relationship” (“Agreement”).   This agreement defines the  legal relationship and obligations between the national Alzheimer’s Association (“National”) and its chapters nationwide.  This agreement guided the recent disaffiliation and … Continue reading

Posted in Board of Directors, Dissolution, Governance, Nonprofit Organizations, North Carolina | Tagged , , , , , , | Leave a comment