As the signs go up in yards, the mailers increase, and the political commercials intensify, you know it is almost time to vote. We have less than 30 days until we go to the ballot on November 4th. This year’s ballot will contain 4 proposed constitutional amendments. Amendment 1 empowers the legislature to enact, amend or repeal statutes regarding abortion. …
Caution when merging
In recent years I have seen an increase in mergers between nonprofits, including between churches, charitable organizations and educational institutions. There are a number of reasons why nonprofits merge, including the consolidation of a shared mission or purpose, combining financial resources and reducing cost, volunteers and leadership, to infuse new life and vigor into an organization, or to increase spheres …
Charitable donations
I will make this Charitable Donation, but only if….. Under Tennessee law, a conditional gift is enforceable according to the terms of the gift. T.C.A. §35-13-103 states that “a gift instrument that specifies the charitable beneficiaries, objects, purposes or subjects of the charitable gift controls the disposition or administration of the charitable gift.” (Emphasis Added). So what does that mean? …
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