You are ready to join a nonprofit board so you can help support the good work that it does. Do you know the risks associated with serving in this important role? In both Massachusetts and Rhode Island, directors of nonprofit corporations must discharge duties in good faith and in a manner he or she believes...
ArticlesNonprofitNonprofits Need Plan To Manage Deferred Giving
December 21, 2018
PS&H attorney Elizabeth Manchester was interviewed by Providence Business News for an article that explores what nonprofits need to consider when accepting deferred gifts, and why it is important for institutions to market planned gifts. Elizabeth pointed out that although estate gifts are made with the best intentions, gifts can create unintended complications for the institution. In her...
Client AlertsCorporate & BusinessNewsNonprofitBeware: Deceptive Corporate Compliance Notices
January 25, 2013
It has come to our attention that numerous Rhode Island corporate clients have received by mail, solicitation letters from a company indicating that it could assist in the corporation’s compliance with Rhode Island General Law 7-1.2-1502 by preparing an “Annual Meeting Disclosure Statement” for a fee of $125. We should additionally note that clients have...
