Legal Services for Nonprofit and Tax-exempt Organizations
Caritas Law Group regularly serves as outside general counsel to tax-exempt and nonprofit organizations. We also represent donors with respect to significant gifts, and socially responsible companies with respect to cause-marketing arrangements and corporate giving strategies.
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FEATURED BLOG POSTS
- Charitable Remainder Trusts 101
Table of Contents What is a Charitable Remainder Trust? The Charitable Remainder Trust (“CRT”) is a trust set up to generate revenue for a beneficiary while also ensuring a charitable donation in the future. CRTs are formed to distribute income to a beneficiary or beneficiaries for a specified period of time, and once that time … Charitable Remainder Trusts 101 Read More »
- Directors vs. Trustees of a Nonprofit
The group of individuals charged with the governance of nonprofits are often referred to interchangeably as directors or trustees. These terms are similar in that they both refer to the group of individuals who have a fiduciary duty to oversee the nonprofit organization. However, from a legal perspective, there are important distinctions.
- The Role of Corporate Secretary
In a nonprofit corporation, the duties of the Secretary are crucial to the smooth functioning of the organization. The role of the Secretary is vital to assisting the Board to fulfill its fiduciary duty of due care in overseeing the nonprofit corporation. Duties of a Nonprofit Secretary Some of the duties required of the Secretary … The Role of Corporate Secretary Read More »