Nonprofit Archives - Partridge Snow & Hahn

Nonprofit Press ReleasesAlliance for Nonprofit Impact Partners with Partridge Snow & Hahn to bring new “Legal Learning Series” to all Rhode Island Nonprofits

September 6, 2024

Providence, RI – The Alliance for Nonprofit Impact at United Way of Rhode Island has partnered with Partridge Snow & Hahn LLP to create a new, multi-part legal learning series for nonprofits. The series will feature 3 sessions each year, and the sessions are free and open to all Rhode Island nonprofits. The first session, titled...

Client Alerts Energy NonprofitInflation Reduction Act Introduces Direct Pay Option for Nonprofit Solar

April 30, 2024

By Christian Capizzo, Elizabeth Manchester, and Madeline Ursini Under the Inflation Reduction Act (IRA), nonprofit entities, including nonprofit independent schools, are now eligible to receive payment in lieu of tax credits for solar photovoltaic (PV) systems. This extension of the IRA is aimed to make solar ownership more affordable for tax-exempt entities and provides an...

Client Alerts Litigation & Disputes NonprofitMassachusetts and Rhode Island Charities: Unlocking Restricted Funds

April 22, 2024

By Elizabeth O. Manchester, Morgan E. Hedly, and Paul M. Kessimian For many charitable institutions, accepting gifts subject to certain donor-imposed restrictions is in the normal course of business. While these restricted funds are quite common, their usefulness can occasionally become impractical. This frustration of purpose is particularly common for gifts made many decades ago. ...

Client Alerts NonprofitU.S. Department of Education Levies $14 Million Fine Against Liberty University under the Federal Clery Act

April 1, 2024

By Madeline M. Ursini and Elizabeth O. Manchester On March 5, 2024, the U.S. Department of Education (the “Department”) announced that Liberty University (“Liberty”) has agreed to pay a fine of $14 million for material and ongoing violations of the Federal Clery Act. This fine, which was imposed by the Department’s Office of Federal Student...

Client Alerts Corporate & Business News NonprofitThe Corporate Transparency Act – Must a Nonprofit Organization Comply?

November 30, 2023

By Lawrence J. Sheh, Elizabeth O. Manchester, Brian J. Reilly, and Madeline M. Ursini Beginning on January 1, 2024, the vast majority of new and existing business entities will become subject to beneficial ownership information reporting requirements under the Corporate Transparency Act and its related rules and regulations (collectively, the “CTA”). The CTA requires certain...

Articles Client Alerts Corporate & Business NonprofitGifts of Privately Held Company Interests to a Charity

August 11, 2023

By Elizabeth O. Manchester and Lawrence J. Sheh Overview Donors with ownership interests in privately held companies (i.e., limited liability companies, corporations, partnerships) have the ability to utilize the interest to make a charitable gift. This strategy becomes particularly useful and relevant when Donor is selling his or her business to a third party. Donors...

Client Alerts News NonprofitThe U.S. Department of Education Launches an Investigation into Legacy and Donor Admissions Practices under Title VI of the Civil Rights Act

August 1, 2023

By Madeline M. Ursini or Elizabeth O. Manchester The U.S. Department of Education launched a civil rights investigation into Harvard University’s (“Harvard”) use of legacy and donor admissions preferences, following the United States Supreme Court’s recent decision to strike down the indication of one’s race as a factor in affirmative action policies related to college admissions....

Client Alerts Employment & Labor News NonprofitThe Supreme Court Strikes Down Race-Based College Admissions in Landmark Harvard/UNC Decision

July 7, 2023

By Madeline M. Ursini, Elizabeth O. Manchester, and Alicia J. Samolis On June 29, 2023, the Supreme Court of the United States determined the constitutionality of the race-based admissions policies employed by Harvard College and the University of North Carolina in the landmark cases Students for Fair Admissions, Inc. v. President and Fellows of Harvard...

Client Alerts News NonprofitDonations Made to Nonprofit Name Image Likeness Collectives are Not Tax Exempt

June 20, 2023

By Elizabeth Manchester In 2021, the National Collegiate Athletic Association (“NCAA”) adopted a policy that permitted student athletes to be compensated for the use of their name, image, and likeness (“NIL”). Since then, organizations have been established by boosters or fans to develop and fund these NIL deals for the student athletes, generally known as...

Client Alerts News NonprofitAuditing Restricted Use Scholarship and Program Funds: Preparing for the Supreme Court Affirmative Action Rulings

June 5, 2023

By Elizabeth Manchester Introduction: As the Supreme Court prepares to rule on two landmark affirmative action cases (Students for Fair Admissions Inc. v. President and Fellows of Harvard College and Students for Fair Admissions Inc. v. University of North Carolina), auditing restricted use scholarship funds or program funds becomes increasingly important. Educational institutions and affiliated entities must...

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