A Primer on Advising Nonprofit Organizations in Colorado Out of Stock
Co-sponsored by the Business and Taxation Law Sections of the Colorado Bar Association, the Colorado
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Co-sponsored by the Business and Taxation Law Sections of the Colorado Bar Association, the Colorado Nonprofit Association, and the Colorado Society of Association Executives
The biennial primer on advising nonprofits is back in 2020, tackling the tough issues nonprofit organizations face today. During this half-day program, we will cover the basics, including structure, governing laws, compliance, tax concepts and day-to-day legal issues that confront nonprofits.
- Fundamentals of representing nonprofit organizations
- Insights on forming, governing, and operating nonprofit organizations
- Tips and expert guidance for obtaining and retaining tax exempt status
Save the date for the 29th Annual Institute on Advising Nonprofit Organizations in Colorado, a deeper dive into issues impacting nonprofits, on November 17.
Don’t take our word for it, your colleagues think:
“Good overview of nuts and bolts.”
“The speakers were all very knowledgeable. I received relevant information that I can share in various types of not-for-profit contexts. As a board member of different types of not-for-profit boards as well as in-house counsel, I found this program content to be extremely helpful.”
“All of the speakers were superbly prepared and highly knowledgeable. Detail was great.”
Agenda:
8:50 – 9:00am
Virtual Check in
9:00 – 9:05am
Introductions and Welcome
Extended by Cara Lawrence, Esq., Tierney Lawrence LLC, Denver, CO
9:05 – 9:50am
Formation and Governance of a Colorado Nonprofit Corporation
This session will begin with the mechanics of creating a nonprofit corporation in Colorado and then consider many of the different ways in which such corporations may be governed, including a discussion of the relative rights and responsibilities of members, directors, and officers. This session will also touch on important areas of compliance with the Colorado Revised Nonprofit Corporation Act.
Presented by Hugh Jones, Esq., Charity Counsel, Colorado Springs, CO
9:50 – 9:55am
Online Chat Break
9:55 – 10:45am
Obtaining and Retaining Tax-Exempt Status
This session will provide a basic introduction to the tax laws applicable to organizations described in Section 501(c) of the Internal Revenue Code. It will begin with an overview of the different categories of tax-exempt organizations, including social welfare organizations, trade associations, and social clubs, and will then focus on the requirements for qualifying and operating as a Section 501 (c)(3) organization. In that regard, this presentation will explore the types of activities that can be considered to fall with the scope of Section 501 (c)(3), including charitable, educational and scientific activities; the relationship between its public benefit requirement and private inurement prohibition; and its restrictions on lobbying and political campaign involvement. It also will touch on the differences between public charities and private foundations, and differences between Section 501 (c)(3) organizations with respect to activities like lobbying.
Presented by Kathryn “Katie” Thomas, Esq., Executive Director and Corporate Counsel, Colorado Nonprofit Legal Center, Denver, CO
10:45-10:50am
Online Chat Break
10:50 – 11:40am
Operational Issues for Nonprofit Organizations
Your organization is formed and your tax-exemption is secured – now what? Successfully running a tax-exempt organization requires more than just passion; it requires a working knowledge about key state and federal laws governing the organization’s operations. This session will introduce legal counsel and practitioners to the most significant operational compliance issues for tax-exempt organizations, including requirements for the annual tax return (Form 990), state business and charitable solicitation filings, corporate record keeping, charitable contribution disclosure and substantiation, conflict of interest transactions, fundraising, grant making and more.
Presented by Kimberly Barr, Esq., Colorado Nonprofit Law PLLC, Longmont CO
11:40 –11:50am
Interactive Discussion, Questions and Answers, and Wrap Up
11:50am
Adjourn
Join us on November 17, 2020 for the 29th Annual Advising Nonprofit Organizations Institute and a deeper dive into issues impacting nonprofits!
- CLE Pass Price *FREE! - exclusions may apply
- Standard Price $369.00 USD
- Member Price $289.00 USD
- General Credits 3.00
- Ethics Credits
- EDI Credits