LAW-3012: Nonprofit Organization

This course introduces concepts of how nonprofit organization and tax-exempt organizations are defined in context of the law. Students will understand how to create and organize a nonprofit/tax exempt organization, how to maintain proper standing, and how to dissolve a nonprofit organization. The course provides an overview of the rules, regulations, and limitations imposed on nonprofit organizations by the courts, the IRS, and/or other governing bodies. Students will understand the crucial importance of governance and ethics in the operation of the organization. The duties and responsibilities of nonprofit directors as well as potential for liability issues relating to service on nonprofit boards will also be examined. Students will be exposed to the role attorneys play in the nonprofit sector. The course exposes students to the interplay between different types of organizations and their role(s) in the community.