Business Law

Business Law Annual Review 2018

Nonprofit Organizations Committee—2017 Programs

Steven Chiodini

Steven Chiodini is an attorney at Adler & Colvin in San Francisco, where his practice focuses on the corporate and tax law of exempt organizations, including fiscal sponsorship. He also specializes in the area of social enterprise. Before joining Adler & Colvin, Mr. Chiodini practiced general corporate law at Proskauer Rose in New York.

The Nonprofit Organizations Committee was pleased to offer a number of educational programs at its monthly meetings in 2017, including presentations from practitioners on the following topics:

  • An introduction to philanthrocapitalism, where entrepreneurial business practices are harnessed to improve the effectiveness of traditional philanthropy;
  • The effect of new nonprofit accounting standards on financial classifications and statement presentations;
  • Political law for nonprofit organizations;
  • Establishing and maintaining endowments, including the practical aspects of starting and managing an endowment at a charity;
  • Document-retention and information-governance practices, and ways to manage risks and maximize the benefits of document retention;
  • An introduction to the "impact security," where donors are able to invest in a nonprofit organization and earn financial returns based on the organization’s success in meeting predetermined impact goals; and
  • Avoiding ethics challenges when representing nonprofits, addressing issues that included the duty of confidentiality, the duty of competence, the organization as client and the lawyer/client relationship, attorney-client privilege, the duty of loyalty, and independent judgment.

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