Nonprofit Corporations Committee
In August 2008, the ABA adopted a revised Model Nonprofit Corporations Act. The Committee is reviewing the new Model Act and considering possible recommendations for legislation in Washington. The Committee does not expect to make any specific proposals until the 2011 Legislative session at the earliest.
Over the years, Committee members have participated in the authorship of a Handbook entitled How to Form and Maintain a Nonprofit Corporation in Washington State. A new 2009 edition of this Handbook has recently been co-published by the Young Lawyers Division of the King County Bar Association and Washington Attorneys Assisting Community Organizations (WAACO). This work provides perspectives on the decision to form a new nonprofit corporation. It guides the reader through the planning stages, setting up the corporate structure and applying for tax-exempt status with the IRS. The book also covers topics central to maintaining the nonprofit organization and its tax-exempt status, including corporate record keeping, reporting obligations, fundraising, employment issues, financial issues, and the duties and obligations of officers.
This is an excellent guide for anyone—lay or professional—who is considering forming a new nonprofit organization. Exhibits in the book offer sample articles of incorporation and bylaws, a valuable checklist for forming a nonprofit corporation, a list of IRS form letters with interpretation, and profiles of typical exempt organizations. Questions or suggestions may be directed to Judith Andrews, Committee Chair and Co-Editor of the Handbook.
Judith L. Andrews
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