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PANDEMIC CHALLENGES FOR NONPROFITS Observers are predicting a challenging road ahead for many charitable nonprofits, especially those that rely on funding from state and local governments. Tax revenues are down and deficits are ballooning. It is widely expected that sooner or later, government funding of charitable nonprofits will be reduced or even eliminated. Private philanthropies…

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SUPPORTING THE NON-PROFITS SUPPORTING YOUR COMMUNITY The Poughkeepsie Journal recently published a very sobering article on the economic challenges facing so many non-profits in our area. The economic contraction caused by the COVID-19 pandemic , as well as the economic anxiety that we are all feeling, is resulting in a substantial decrease in funds available…

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Beware COVID-19 Charitable Donation Fraud Beware COVID-19 Charitable Donation Fraud:  As we all struggle through the COVID-19 health crisis, there is little doubt that in due course Americans will open their wallets to help those in need. We are a very charitable society and give billions of dollars each year to a wide range of…

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CORONAVIRUS RESOURCE PAGE For the past three months, the firm has remained fully operational and continued to provide seamless, high quality legal services to our clients.  This was possible due to the firm’s historical investment in technology and its dedication to helping our clients achieve their goals ​in any circumstances.  Starting this week, our attorneys and…

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Nonprofit 102 – Free Seminar:  March 26, 2019 Do you server as a member of a nonprofit board? Registration Required: Click here to register Join us for a free seminar designed for anyone who serves as an officer or member of the board of directors of a nonprofit organization or soliciting charitable contributions. Presenters:  Gary…

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Nonprofit 101 – Free Seminar:  November 7, 2018 Do you server as a member of a nonprofit board? Registration Required: Join us for a free seminar designed for anyone who serves as an officer or member of the board of directors of a nonprofit organization or soliciting charitable contributions. Presenters:  Gary Schuster, Partner., and Kara…

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Not-For-Profits 101             Perhaps your child plays a sport and you wish to serve on the board of directors for the youth sports organization.  Or, you are involved in your church and serve on a charitable entity created by your church community.  Perhaps you serve on the board of directors of your child’s nursery school,…

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Handling Conflicts of Interests And Related Party Transactions While Serving On The Board of a Not-For-Profit Corporation Many community-minded people serve on the board of directors of not-for-profit entities.  Although motivated by a desire to serve their community in a volunteer capacity, such board members may suddenly find themselves confronted with a conflict of interest,…

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Should New York Restrict Restrictive Covenants?    Recent news about Crystal Run Healthcare suing Orange Regional Medical Center, for hiring one of their former doctors, raises the issue of the use of restrictive covenants in employment contracts. News reports say the doctor’s employment agreement with Crystal Run prohibits her from practicing medicine within 15 miles…

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The Duties of Not-for-Profit Directors  Not-for-profit organizations come in all shapes and sizes.[1]  From large universities and medical centers to tiny arts organizations and sports leagues, they are all subject to the same laws and regulations. At the federal level, the Internal Revenue Code provides exemption from income tax to a wide range of organizations. …

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