Nonprofit Law: The Life Cycle of a Charitable Organization - 4th Edition - Elizabeth Schmidt

Nonprofit Law: The Life Cycle of a Charitable Organization 4th Edition Elizabeth Schmidt ISBN 9798892074780

Nonprofit Law: The Charitable Life of a Charitable Organization, Fourth Edition presents a concise yet comprehensive examination of the legal issues that can arise throughout the life cycle of a Section 501(c)(3) organization—from formation to dissolution. Designed to meet rigorous academic standards for law, business, and public policy programs, the book also serves as a practical reference for nonprofit professionals. Through the use of cases, hypotheticals, and real-world examples drawn from current events, it explores the corporate, tax, and regulatory challenges commonly faced by nonprofit executives, board members, and legal counsel.

New to the Fourth Edition:

• New case coverage from the U.S. Supreme Court (Loper Bright) and the Minnesota Supreme Court (Otto Bremer Trust).

• Analysis of significant recent cases involving the National Rifle Association, OpenAI (ChatGPT), and affirmative action.

• Expanded discussion of alternative organizational structures that can be used to pursue charitable missions.

• Coverage of the Model Nonprofit Corporation Act, Fourth Edition (2022), and the Restatement of the Law, Charitable Nonprofit Organizations (2021).

• Updated analysis of nonprofit-related issues in the news, including political threats to tax-exempt status, donor-advised funds, nonprofit hospitals, property taxation, and NIL (name, image, and likeness) athletic organizations.

• Updated statistics throughout the text.

Benefits for Professors and Students:

• Clearly stated teaching objectives at the beginning of each chapter.

• Well-organized and accessible content.

• A practical approach that does not require prior knowledge of tax, trust, or corporate law.

• Integrated discussion of policy considerations and current legal developments.

• Exploration of the theoretical foundations of nonprofit law and its public policy implications.

• Inclusion of all relevant statutes and regulations within the text.

• Thought-provoking questions designed to promote critical thinking and active classroom discussion.

• Updated discussion questions addressing legal uncertainties emerging during the second Trump administration.

• Optional exercises guiding students in creating a virtual nonprofit, which serve as the basis for additional hypotheticals.

Nonprofit Law: The Life Cycle of a Charitable Organization 4th Edition Elizabeth Schmidt ISBN 9798892074780, 979-8892074780 & 9798892074797

Authors:
Elizabeth Schmidt
Allen Madison