by Bruce R. Hopkins (Author), Virginia C. Gross (Author), Thomas J. Schenkelberg (Author)

A hands-on guide to the most pertinent and critical legal issues facing those who lead and manage tax-exempt colleges and universities

Nonprofit Law for Colleges and Universities is a practical, accessible guide to nonprofit law as it is specifically applicable to exempt colleges and universities, and their related entities, such as fundraising foundations, endowment funds, supporting organizations, for-profit subsidiaries, and limited liability companies.

• Topics discussed will include governance, endowment funds management, the annual reporting requirements, and the unrelated business rules
• Written by the country's leading authorities on tax-exempt organizations
• Features essential, practical legal information in easy-to-understand English
• Presented in question-and-answer format, divided according to major topic areas that are of interest to those who lead and manage tax-exempt colleges and universities

Designed for the management and leadership of colleges and universities, as well as others working in the higher education field, such as lawyers, accountants, and fundraising/development personnel, Nonprofit Law for Colleges and Universities allows readers to easily search for and find answers to questions, putting all the information they need right at their fingertips.

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nonprofit law for colleges and universities

Colleges and universities are under intense scrutiny by the IRS and Congress. Nearly every "hot issue" in nonprofit law today directly involves institutions of higher education, both public and private. Nonprofit Law for Colleges and Universities is a practical, accessible guide to nonprofit law, specifically applicable to colleges and universities and their related entities, such as fundraising foundations, endowment funds, supporting organizations, for-profit subsidiaries, and limited liability companies.

Now your institution of higher education can be fully informed about the nonprofit law requirements affecting colleges and universities and avoid the perils lurking in the myriad tax-law traps. Nonprofit Law for Colleges and Universities clearly provides information on the federal tax law rules concerning tax exemption and charitable giving in the higher education setting.

This invaluable resource answers important questions including:

• What are the federal tax law rules concerning maintenance of tax exemption by private colleges and universities?
• What is the role of the governing board of a college or university?
• Is a college or university allowed to pay revenue-based compensation?
• Will the conduct of one or more businesses by a college or university jeopardize the tax-exempt status of the institution or subject it to taxes?
• What charitable deductions are available in the higher education context?

Authors Bruce R. Hopkins, Virginia C. Gross, and Thomas J. Schenkelberg--leading authorities on the laws regulating colleges and universities--offer essential, practical legal information in easy-to-understand English. Their practical summaries of the law provide useful advice and critical information in an efficient and comprehensible fashion.

Mandatory reading for professionals in the field of higher education concerned with the governance and management of colleges and universities, Nonprofit Law for Colleges and Universities authoritatively and thoroughly guides you through every aspect of applicable nonprofit law.

Author Biography

BRUCE R. HOPKINS is a senior partner with the firm Polsinelli Shughart PC. He is the author or coauthor of thirty books, including The Law of Tax-Exempt Organizations, Tenth Edition; Planning Guide for the Law of Tax-Exempt Organizations; The Tax Law of Charitable Giving, Fourth Edition; and The Law of Fundraising, Fourth Edition, as well as the monthly newsletter Bruce R. Hopkins' Nonprofit Counsel, all published by Wiley.

VIRGINIA C. GROSS is a shareholder with the law firm Polsinelli Shughart PC. She concentrates her practice on counseling nonprofit organizations on their tax-exempt and nonprofit law matters. She has coauthored two other books for Wiley, Nonprofit Governance: Law, Practices, and Trends and The New Form 990: Law, Policy, and Preparation. Virginia is a frequent writer and speaker on nonprofit law topics.

THOMAS J. SCHENKELBERG is chair of the Polsinelli Shughart's Nonprofit Organizations Practice Group. His clients include national hospital systems, research organizations, private foundations, colleges, universities, associations, social welfare organizations, PACs, and governmental entities. He is a frequent writer and speaker on nonprofit law topics.

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