AFP Blog: Legislation, Government Relations and Related Topics

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Friday, May 05, 2006

New laws affect nonprofits - By JONDI GUMZ - Sentinel staff writer - May 5, 2006

New laws affect nonprofits - By JONDI GUMZ - Sentinel staff writer - May 5, 2006: "New laws affect nonprofits
By JONDI GUMZ
Sentinel staff writer

SANTA CRUZ — Nonprofits must take care to comply with new laws that prohibit 'Monte Carlo' nights, require fund appeals to report the number of members and mandate disclosure of relationships among key employees, board members and other organizations.

The new laws — some state, some federal — are one reason the Community Foundation of Santa Cruz County co-sponsored a daylong conference for nonprofits Thursday at the Cocoanut Grove. Lance Linares, the foundation's executive director, said the goal is to give nonprofits the tools they need so they can provide the fiduciary oversight their donors expect."

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