Social enterprise may be a buzzword that’s picked up steam lately, but it’s also a concept that nonprofits long have utilized in some form to create revenue and bolster mission. At the Colorado Bar Association’s 25th Annual Institute on Advising Nonprofit Organizations on May 5, 2016, Karen Leaffer will present on “Nonprofits and Social Enterprise: Finding the Right Fit for Your Organization.” This session will provide an overview of the structural options available to nonprofit entities considering a social enterprise, including use of taxable or hybrid entities and tandem (brother/sister) structures. It will also discuss key issues that nonprofits and their counsel should consider when determining structure.
Additionally, nonprofit attorney Becky Seidel will present “Obtaining and Retaining Tax-Exempt Status” at the Primer on Advising Nonprofits. The Primer is co-sponsored by the Business and Taxation Law Sections of the CBA, the Colorado Nonprofit Association, and the Colorado Society of Association Executives. Becky’s presentation will give an overview of the different categories of tax-exempt organizations, including social welfare organizations, trade associations, and social clubs, and will also focus in detail on the requirements for qualifying and operating as a Section 501(c)(3) organization.