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About the Book

Nonprofit Law: The Life Cycle of a Charitable Organization 2E

Front Cover - Nonprofit Law: The Life Cycle of a Charitable Organization 2E

Second Edition


Elizabeth Schmidt
University of Massachusetts Amherst

2016. ISBN: 9781454879961.

About the Book

In a concise and readable format, Nonprofit Law, 2nd Edition provides up-to-date information about the legal issues that can arise at every turn—from inception to termination—of a Section 501(c)(3) organization. This second edition continues and builds upon the comprehensive features of the first edition, including:
• A reader-friendly presentation that does not assume earlier background with tax, trusts, or corporations
• A balanced treatment between theory and practical reality
• Cradle-to-grave organization of topics
• Notes, questions, and problems in each chapter that add context to the text
• All relevant statutes and regulations within the text
• Optional exercises for creating a virtual nonprofit, which become the basis for further hypothetical questions.

Designed to satisfy the highest academic requirements for students of law, business, and public policy (and to provide an accessible, comprehensive desk reference for practicing nonprofit professionals), Nonprofit Law, 2nd Edition explains the corporate, tax, and other regulatory issues that all nonprofit managers, board
members, and their lawyers ultimately face.

Highlights of the second edition include:
• Examples of familiar organizations, from Catholic Dioceses to the American Red Cross, grappling with critical issues
• Consideration of for-profit social enterprises as alternatives to nonprofits
• Thorough exploration of the policy implications of nonprofit regulation
• An explanation of the controversies surrounding nonprofits’ entrance into politics and the IRS’ response.

Preface / Sample Chapters