Internal Revenue Code Section 501(c)(3): Federal tax code section governing tax-exempt organizations, defining qualifying purposes and operational requirements for charitable foundations
State Nonprofit Corporation Acts: State-specific laws governing the formation, operation, and dissolution of nonprofit corporations, including foundations
Charitable Trust Laws: State laws regulating the management and oversight of charitable assets and trust arrangements for foundations
Fundraising Regulations: State-specific requirements for charitable solicitation, registration, and reporting for fundraising activities
Sarbanes-Oxley Act: Federal law containing provisions applicable to nonprofits regarding whistleblower protection, document retention, and financial transparency
Form 1023 Requirements: IRS application requirements for tax-exempt status, including detailed organizational and operational information
Private Foundation Rules: Specific IRS regulations governing private foundations, including investment restrictions and distribution requirements
Fiduciary Duty Regulations: Legal obligations of foundation directors and officers regarding duty of care, loyalty, and proper management of foundation assets
Public Disclosure Requirements: Federal and state regulations requiring foundations to make certain information available to the public, including Form 990 returns
Employment Regulations: Federal and state laws governing employment practices, volunteer management, and worker classification in nonprofit organizations
