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Nonprofit Law updates from Cullinane Law Group. September 2012.
Cullinane Law Group

What Does the Board of Directors Do? 

Most nonprofit organizations are corporations, which means they are legal entities distinct from the individuals who founded them. And, like other corporations, many nonprofit corporations are managed by a board of directors.

Unless limited by the articles of incorporation or the bylaws (i.e., unless it is a "member managed" organization), the board of directors is responsible for the nonprofit organization. The board's job is to oversee the management of the organization and to ensure that it meets its charitable purpose and mission. The board has legal and ethical duties that cannot be delegated to others.

Among other items, the board is entrusted to: 

  • Exercise legal and fiduciary responsiblity
  • Provide organizational oversight
  • Offer financial oversight
  • Develop & ensure adequate financial resources
  • Exercise program oversight
Directors are required to perform their duties in good faith, with ordinary care, and in the best interest of the nonprofit. Learn more

photo of Mollie Cullinane
Mollie Cullinane
 
The Cullinane Law Group works exclusively with the nonprofit sector.
We serve nonprofits, foundations, religious organizations, and social entrepreneurs throughout the United States who seek to create positive change.

Based in Austin, Texas.

Clients nationwide
512.577.6755 hello@cullinanelaw.com

Client Highlight
The AmeriCatalyst Idea Lab was established as a non-profit, non-partisan think tank to create and incubate viable ideas and proposals to remediate the U.S. housing crisis. The think tank conducts research on the impact of globalization on critical areas of housing and housing finance. 

The organization is hosting EuroCatalyst / AmeriCatalyst 2012 Sunday, Sept. 30 through Tuesday, Oct. 2, in Austin, Texas. The event is a unique blend of education, entertainment and interaction designed to motivate, inspire and challenge all those involved in the housing finance industry to a fearless debate on the future of housing finance. Each session is a debate, and in each debate, a possible solution.

Starting a School or a PTO

When deciding to start a private school, you may consider some legal issues:
*Legal structure: will the school be for-profit or non-proft? 
*What are state-specific requirements for private schools?
*Will the school be accredited?
*Other issues: curriculm, enrollment, income sources, facilities, faculty. Read more...

One way for parents to support their child’s school is to join or start a Parent Teacher Organization (PTO). While similar to the national Parent Teacher Association (PTA), PTOs are often local organizations that focus on a specific school. Each PTO is an independent nonprofit corporation and must apply for tax-exempt status. Learn more...

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