As we noted in our February e-Newsletter, the US House of Representatives and US Senate have introduced legislation to repeal the ban on partisan activity by 501(c)(3) nonprofits. This legislation would, in effect, allow 501(c)(3) nonprofits to become political organizations, which would turn nonprofits into political operatives.
Lawyers Alliance, NPCC File Suit Objecting to New State Donor Disclosure Law
Click here to view full press release.
On Monday March 6, 2017 Lawyers Alliance for New York and the Nonprofit Coordinating Committee (NPCC) filed a lawsuit against the New York State Attorney General’s office challenging a law that unnecessarily discourages contributions to nonprofit organizations.
NPCC Launches 2017 Application for Nonprofit Excellence Awards
Click here to read official press release
It takes more than passion to achieve your mission – it takes strong management. NPCC is excited to announce the 2017 New York Community Trust Nonprofit Excellence Awards, produced by NPCC in collaboration with The Trust and Philanthropy New York, and sponsored by WNYC. Click here to apply.
Overtime Regulations in New York State In Effect as of December 31, 2016
Source: Overtime Regulations in New York State In Effect as of December 31, 2016
As we reported in New York Nonprofits' October Issue, federal overtime regulations are currently on hold while the U.S. District Court in Texas moves forward with the case.
“Ethics Bill” Creates New Funding Disclosure Regime for 501(c)(3)s
Earlier this year, the NYS Governor signed into law, Bill No. A10742/S8160 (the “ethics bill”) which, in relevant part, requires that 501(c)(3)s disclose some of their donor identities if that 501(c)(3) makes in kind or monetary donations to any 501(c)(4) that engages in significant lobbying in NY. This requirement went into effect on November 22nd.
2016 New York Community Trust Nonprofit Excellence Awards Gold, Silver, and Bronze Prize Winners Announced
Release Date: Friday, December 2, 2016
Press Release | NPCC
The 2016 New York Community Trust Nonprofit Excellence Awards Presentation and Best Practices Workshop was held Friday, December 2nd at the New York Academy of Medicine. The event is one of the largest nonprofit regional gatherings and this year was no different.
The Winners of the 2016 New York Community Trust Nonprofit Excellence Awards are…
Release Date: November 7, 2016
Press Releases | NPCC
The New York Community Trust Nonprofit Excellence Awards Program, in its 10th year, announced the nonprofit organizations in New York City and Westchester that have been chosen as winners for $60,000 in prizes and prestigious scholarships.
Disclosure Obligations by Federal Grantees (FAR v. OMB)
As a matter of best practice, nonprofits should disclose credible evidence of any violations of any federal criminal law to the Office of Inspector General of their grant-making agency in accordance with the higher standard required under the Federal Acquisition Regulation, despite only being legally required to provide actual violations under the Uniform Guidance.
DOL Final Rule on Paid Sick Leave for Employees of Federal Contractors
The DOL Final Rule on sick leave for federal contracts will NOT apply to most nonprofits because grants and cooperative agreements are not covered. However, as the Rule does apply to subcontracts, nonprofits should review their sources of federal funding to ensure that they are not covered.
For the First Time in 20 Years New FASB Standards Adopted
On August 18, 2016, the Financial Accounting Standards Board (FASB) issued a new Update intended to simplify and improve how a nonprofit classifies its assets, investments, expenses, resources and cash flows. You may know FASB from your accountant or auditor – these are the standards that dictate accounting practices and therefore the way your organization tracks its financial position.