Forming a Nonprofit Entity in Virginia

Production Date: October 31, 2017 Practice Areas: Contract Law, Business, Corporate, & Securities Law, Non-Profit, and Public Interest Law Estimated Length: 3754 minutes


$ 59 Contract Law, Business, Corporate, & Securities Law, Non-Profit, and Public Interest Law In Stock

This course, presented by Pantea Stevenson, a Shareholder at Bean, Kinney & Korman, explores the formation and governing documents of a Virginia Nonprofit. To qualify for tax exempt status, nonprofit entities must contend with both federal and state requirements, and grapple with the default laws under Virginia’s Nonstock Corporation Act. The program, which will focus mainly on 501(c)(3) entities, will explore requirements in the articles of incorporation, bylaws,1023 & 1023EZ applications, and other documentation required for procurement of nonprofit status. It will also cover IRS required restrictions, board of director elections, meeting requirements, fiduciary duties and dissolution, and will provide practical drafting tips.

Learning Objectives:

  1. Discuss governance requirements
  2. Review the default laws for nonprofit entities under Virginia’s Nonstock Corporation Act
  3. Consider typical provisions in bylaws and articles of incorporation and when to apply them
  4. Gain practical guidance for drafting nonprofit bylaws    

Antoine M.
frederick, MD

Very detailed presentation

James T.
Troy, MI

Very well presented

Dena R.
Fairfax, VA

Very thorough!

Heather B.
Watkinsville, GA

Thank you to the presenter and staff!

Chase L.
Ellicott City, MD


Mara H.
Fairfax Station, VA

This was an excellent presentation. I am on the board of a small 501(c)(3) animal rescue and also serve as pro bono legal advisor to another organization. I found the information to be very helpful.

leila m.
Reston, VA

This was great thank you!

Mike S.
Reston, VA

Some technical difficulties but overall very well executed and presented.

Thomas S.
Fairfax, VA

Great course and good written materials to aid me should I need them in the future.

Bruce M.
Bismarck, ND

good stuff on written decisions outside of meeting

Karen H.
Reston, VA

great job