Law Commons^™

Contributor, Cassady V. Brewer

Cassady V. Brewer

No abstract provided.

Seven Ways To Strengthen And Improve The L3c, Cassady Brewer

Cassady V. Brewer

The raison d’être for the low-profit limited liability company (“L3C”) is to encourage program-related investments (“PRIs”) by private foundations. PRIs are special types of investments that can be both charitable and profitable. PRIs have been embraced by knowledgeable scholars, practitioners, foundation managers, and even the U.S. Treasury Department. Further, the L3C and PRIs are associated with the growing “social enterprise” movement. The L3C thus would seem to be in the right place at the right time and should have the full support of the charitable sector, practitioners, and lawmakers.

Yet, after a fast start, adoption of L3C legislation across the …

Nonprofit And Charitable Uses Of Llcs, Cassady Brewer

Cassady V. Brewer

The overwhelming first choice in new, for-profit business entity formations is the limited liability company (“LLC”). Less well known, however, is the increasing use of LLCs for nonprofit and charitable endeavors. Accordingly, this chapter explores in four parts the emerging use of LLCs for nonprofit and charitable purposes, including the use of LLCs in hybrid for-profit/nonprofit arrangements. Part 2 provides necessary background information on the nonprofit and charitable sector. Part 3 surveys the relatively common use of LLCs as nonprofit subsidiaries or affiliates. Part 4 examines how LLCs are used to facilitate certain charitable or quasi-charitable activities, including program-related investments …

Do Pending Treasury Studies Affect Your Organization?, Cassady Brewer

Cassady V. Brewer

No abstract provided.

Summary Of Recent Amendments To Business Corporation Code, Limited Partnership Act, And Limited Liability Company Act With Respect To Entity Conversions, Cassady W. Brewer

Cassady V. Brewer

No abstract provided.

Applying Asc 740-10 To Reporting By Tax-Exempt Organizations - Part 2, Cassady Brewer, Marc Azar, Katherine Morris

Cassady V. Brewer

No abstract provided.

The Brownfield Exemption Under The Unrelated Business Income Tax, Cassady Brewer, George Hibbs

Cassady V. Brewer

No abstract provided.

Using The "L3c" For Program-Related Investments, Cassady Brewer, Michael Rhim

Cassady V. Brewer

No abstract provided.

Applying Asc 740-10 To Reporting By Tax-Exempt Organizations - Part 1, Cassady Brewer, Marc Azar, Katherine Morris

Cassady V. Brewer

No abstract provided.

The Brownfield Exemption From The Unrelated Business Tax, Cassady Brewer, George Hibbs

Cassady V. Brewer

No abstract provided.

Eliminate Stingy Benevolence, Cassady Brewer

Cassady V. Brewer

No abstract provided.

Gift Horses, Choosy Beggars, And Other Reflections On The Role And Utility Of Social Enterprise Law, Cassady V. Brewer

Cassady V. Brewer

The U.S. law of social enterprise is growing rapidly. Since 2008, one-half of all U.S. states have modified their business law to establish special legal forms designed for social enterprise. Meanwhile, even with twenty-five states adopting special laws for social enterprise, the legal debate surrounding social enterprise continues. Rather than rehashing that debate, this essay sets forth the author’s personal perspective on the role and utility of social enterprise. The essay argues that, except in limited circumstances, social enterprise is superior to traditional philanthropy when it comes to solving longstanding humanitarian or environmental problems. U.S. business law thus should continue …

Report From Chair Of Partnership Committee, Cassady V. Brewer

Cassady V. Brewer

No abstract provided.

Business And Tax Planning With Controlled Organizations, Cassady Brewer, Sean Reynolds

Cassady V. Brewer

No abstract provided.