The Philanthropy Roundtable filed an amicus brief Friday in a case challenging the California attorney general’s requirement that nonprofits disclose major donors in their annual registration filings. The 34-page brief was filed Friday in Americans for Prosperity Foundation v. Becerra. The roundtable asks the U.S. Court of Appeals for the 9th Circuit to uphold a federal district court’s earlier ruling that the attorney general’s office attempt to force nonprofits to disclose donor lists is an unconstitutional burden on its 1st Amendment rights.
Author Archives: dzadmin
N.Y. Amends Nonprofit Revitalization Act
New York’s Nonprofit Revitalization Act was hailed as a landmark overhaul when it was passed in 2013. Three years later, Empire State lawmakers revised certain aspects of the law regarding independent directors, related party transactions and audit committees.
Harvard Not Hedging, Will Cut Investment Staff
The investment management arm of Harvard University plans to make sweeping changes, cutting about half of the 230 staff by the end of the year and outsourcing the functions to outside managers. It also will shift from a silo investment approach to a generalist investment model focused on the overall endowment.