Nonprofit Law for Colleges and Universities

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.