Introduction to Tax Exempt Organizations

(380 Ratings)

Produced on: March 26, 2018

Course Format On Demand Audio

Taught by

Categories:

Course Description

Time 61 minutes
Difficulty Beginner

In this complex world of corporate governance, it is important to understand all the ever-changing rules that govern the formation, administration and governance of tax exempt organizations. The main thing to understand about nonprofit organizations is that there isn’t necessarily a nonprofit body of law, per se - what we call “Nonprofit Law” is drawn from many various other areas of law: trusts, estates, contract, labor law, corporate law, tax law, and more.

This course, taught by Anta Cisse-Green, Associate General Counsel for NYU Langone Health, will review the basic provisions regarding the formation of tax exempt organizations under federal and state law, including the documents necessary to obtain federal and state tax exemptions. It will also explore what it means to have private foundation status, including how and why to avoid such status when it will not be beneficial to the organization. In addition, the course will summarize the basic prohibitions for charitable organizations, including the restrictions on lobbying activities (and how to create an effective lobbying campaign within the rules), prescriptions on campaign activities (what you can and cannot do), rules pertaining to the use of internet by charities, commercial activities and joint ventures between charities, or nonprofits and for profits, as well as the rules related to unrelated business income tax, and the self dealing rules for insiders of a charitable organization.


Learning Objectives:

  1. Grasp the differences between nonprofit organizations and organizations that are tax exempt
  2. Explore the tax and non-tax considerations involved in the formation of a tax exempt organization
  3. Examine the specific issues involved in obtaining and maintaining tax exempt status - issues of qualification as an exempt organization
  4. Review the Federal Internal Revenue Code and regulations related to the tax exempt organizations, and the way that the IRC and IRS serve as regulators rather than revenue collectors - so that federal laws work more like corporate law than traditional tax law
  5. Focus on the IRC and treasury regulations that exempt charitable and other nonprofit organizations from federal income tax and govern the behavior of charities


Faculty

Anta Cisse-Green

New York University

Anta received her J.D. from Brooklyn Law School, summa cum laude, and she received her L.L.M. in Tax from NYU School of Law. Immediately prior to joining NYU Langone Health in 2016, Anta was Senior Counsel at Akin Gump Strauss Hauer & Feld LLP in the firm’s private client services section of the tax group where she advised wealthy individuals on the development of tax efficient vehicles for the transfer of wealth, complex estate and trust administration issues, charitable planning strategies and the formation and governance of tax exempt organizations.  Previously, Anta was an associate with Sullivan & Cromwell LLP and law clerk to the Honorable Lois Bloom, U.S. Magistrate Judge for the Eastern District of New York.

Anta was honored in 2015 by the New York Law Journal as a "Lawyer Who Leads By Example" in recognition of her years of commitment to providing pro bono legal services to underrepresented New Yorkers. Anta is an active community member in her roles as Vice President of Programs for the Metropolitan Black Bar Association, member of the attorney advisory panel for the Planning and Estates Law Project for the City Bar Justice Center of the New York City Bar Association, and Trustee on the board of trustees for the Urban Resource Institute, Inc., a nonprofit organization that provides comprehensive, holistic, and supportive human services programs to empower individuals and families in the New York metropolitan area.


Reviews

CS
Charles S.

Nice slides!

MB
Michael B.

good course on the basics

KB
Kimberly B.

I really enjoyed this video. The speaker knew her topic very well and moved quickly to keep my interest.

JD
James D.

the presenter was very knowledgeable and enthusiastic about the subject matter.

BB
Bryan B.

Great overview & refresher on topic.

MH
Mara H.

This is a good introductory presentation on non-profits.

PC
Pamela C.

Great course!

LR
Lawrence R.

The presenter did an excellent job.

MF
Mario E. F.

Very impressive; knowledgeable, great communicator and very clear. Great handout too. Thank you.

DH
Deborah H.

Excellent Program

MK
Maryalice K.

It was really a very excellent, informative presentation - thank you!

JS
John S.

very well done

WD
William D.

Really well done presentation of the mountain of information in an understandable way. I took this as a refresher course and was amazed at the depth of the presentation.

MC
Mary C.

I am considering joining a Board of a non profit organization and this was extremely helpful.

BS
B.A. S.

Very clear presenter!

RM
Ryan M.

Great presentation--lots of information packed into an hour.

AM
Antoine M.

Wonderful presenter-attorney with deft knowledge of topic; great moderator support

LH
Laila H.

exceptional speaker

RF
Richard F.

Presenter was great -- she not only covered a lot of material but did it well.

SE
Stephen E.

Very informative, especially for those of us who do little in this area.

AR
Annette R.

the presenter was excellent!

DS
Diane S.

She was interesting and quite knowledgeable. Very good presentation.

KI
Karin I.

Great program. Very knowledgeable presenter and clear slides to retain for reference.

Load More

$59

$ 59 Tax Law and Non-Profit In Stock

Accreditation

Get Unlimited Access to Lawline Courses

Unlimited CLE Subscription gives you access to take almost any course from our catalog and earn as much CLE credit as you need.