Important Changes to New York Non-Profit Law

April 23, 2014

The New York Non-Profit Revitalization Act of 2013 (the “Act”) was signed into law on December 18, 2013. The Act makes significant changes to laws applicable to non-profit organizations formed, operating or soliciting donations in New York. As explained in our memo entitled “Important Changes to New York Non-Profit Law”, many non-profit organizations, including private foundations, will need to update their governing documents and policies prior to the Act’s July 1, 2014 effective date.

Please contact one of the attorneys in our Private Clients and Charitable Organizations Practice Group if you would like to discuss the application of the changes in the New York non-profit law to your non-profit organization.