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...

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...

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. ...

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...

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...

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...

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....

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...

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...

https://www.psh.com/wp-content/uploads/2024/02/PSH-320x212.png

Follow us:

PROVIDENCE OFFICE

40 Westminster Street
Suite 1100
Providence, RI  02903

BOSTON OFFICE

30 Federal Street
Boston, MA  02110

SOUTHCOAST OFFICE

128 Union Street
Suite 500
New Bedford, MA  02740

Copyright ©️ 2024 Partridge Snow & Hahn | All Rights Reserved | Privacy Policy | Disclaimer