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Understanding 501(c)(3) Tax Exemption of Non-Profits: Distinctions, Opportunities, and Limitations All Lawyers Need to Know About Working With Charities

  • Training

  • 1 Hour
  • Massachusetts Continuing Legal Education, Inc. (MCLE)
  • ID: 5835549
Massachusetts has one of the largest concentrations of charitable organizations in the United States, representing a large portion of the economic activity in the Commonwealth. Attorneys in every practice area interact with charitable organizations regularly, often without understanding some of the tax and regulatory peculiarities that may affect - often in unexpected ways - what their clients are trying to accomplish. This new program provides an overview of what it means to be a charitable organization in Massachusetts, from a tax and regulatory perspective, and how transacting or working with charitable organizations may require a different approach than working with other types of organizations.

Course Content

9:30 - 9:35 am
  • Differences between the Terms “Charity”, “Non-Profit”, and “501(c)(3)”?
  • Brad Bedingfield, Esq., Hemenway & Barnes LLP, Boston
  • Eleanor A. Evans, Esq., Hemenway & Barnes LLP, Boston
9:35 - 9:40 am
  • Benefits of 501(c)(3) Status
  • Eleanor A. Evans, Esq., Hemenway & Barnes LLP, Boston
  • Brad Bedingfield, Esq., Hemenway & Barnes LLP, Boston
9:40 - 9:50 am
  • How Does an Organization Receive and Maintain Its 501(c)(3) Status?
  • Eleanor A. Evans, Esq., Hemenway & Barnes LLP, Boston
  • Brad Bedingfield, Esq., Hemenway & Barnes LLP, Boston
9:50 - 10:05 am
  • How Does 501(c)(3) Status Limit What a Charity Can Do?
  • Eleanor A. Evans, Esq., Hemenway & Barnes LLP, Boston
  • Brad Bedingfield, Esq., Hemenway & Barnes LLP, Boston
10:05 - 10:15 am
  • Role the Massachusetts Attorney General Play with Respect to Charities
  • Brad Bedingfield, Esq., Hemenway & Barnes LLP, Boston
  • Eleanor A. Evans, Esq., Hemenway & Barnes LLP, Boston
10:15 - 10:25 am
  • When Is the Consent of the Attorney General or a Court Required Before a Massachusetts Charity May Engage in a Transaction? What Sorts of Non-Profits May Be Subject to These Rules?
  • Brad Bedingfield, Esq., Hemenway & Barnes LLP, Boston
  • Eleanor A. Evans, Esq., Hemenway & Barnes LLP, Boston
10:25 - 10:30 am
  • Key Takeaways
  • Brad Bedingfield, Esq., Hemenway & Barnes LLP, Boston
  • Eleanor A. Evans, Esq., Hemenway & Barnes LLP, Boston
  • Please Note
  • MCLE webcasts are delivered completely online, underscoring their convenience and appeal.
  • There are no published print materials. All written materials are available electronically only.

Speakers

Chair
  • Brad Bedingfield, Esq., Hemenway & Barnes LLP, Boston
Faculty
  • Eleanor A. Evans, Esq., Hemenway & Barnes LLP, Boston