Nonprofit Organizations Committee: Conference Call on July 16

The Nonprofit Organizations Committee is pleased to announce the following presentation:

Can charities accept cash or in-kind donations from cannabis-related businesses?  

by

Andrew Atkin, Of Counsel
Rodriguez Horii, Choi & Cafferata LLP

July 16, 2020 10:00 a.m.

With the growth of the cannabis industry, many charities are being approached to accept cash and in-kind donations from cannabis businesses.  This one-hour zoom presentation will discuss whether charities risk their tax exemption if they accept such gifts.  Topics to be discussed include whether charities can accept CBD-oil based products, whether charities can offer sponsorships to cannabis-related businesses, and other risks charities should consider before accepting cannabis-related contributions.

Our speaker is Andrew Atkin of Rodriguez Horii, Choi & Cafferata LLP.   Andrew’s practice concentrates on income and estate tax planning, including charitable giving.  He advises exempt organizations on UBIT, self-dealing, and other issues, and represents organizations in IRS controversies.  

Following Andrew’s presentation, the Nonprofit Organizations Committee will continue our regular meeting with announcements, updates, and discussion topics of interest to nonprofit organization attorneys.  The Committee meeting will adjourn by noon. 

Join Zoom Meeting
https://zoom.us/j/8619711385

Meeting ID: 861 971 1385
No password required 

We will have BOTH audio and video on Zoom for this meeting.   If you prefer to get audio by phone, you can call into the meeting phone to 1 669-900 6833, and enter the meeting ID above.  For phone instructions for Zoom, see here. 

For more information about the Nonprofit Organizations Committee and its programs, please contact Barbara Rhomberg (Brhomberg@krnonprofitlaw.com) or Immediate Past Chair Louis E. Michelson (louis@lemtax.com).

*This program has been approved for MCLE credit by The State Bar of California for 1 hour of general MCLE credit.  California Community Foundation is a MCLE approved activity provider.  The California Lawyers Association is not the provider of this MCLE credit. 

Become an official member of the Nonprofit Organizations Committee!   The CLA Business Law Section is accepting applications on line here.   Applicants must be Business Law Section members who have been admitted to the California Bar for at least five years. 

Know someone who would like to receive our E-bulletins?  Anyone interested may sign up here.

Upcoming meeting dates: 

• August 20, 2020, 10am. Topic TBD.
• Sept. 17, 2020, 10am.  Topic TBD.
• Oct. 15, 2020, 10am.  Topic TBD.