Entries by EPManager0

Nonprofit Conflicts of Interest – Endowment Committee

Question:  If an individual serves on an Endowment Committee for a nonprofit organization that has started to invest significant sums in a for-profit privately held company in which the volunteer is a co-owner and executive employee, should the volunteer step down from the Endowment Committee?  Answer:  Conflicts of interest are not prohibited per se.  A […]

December Nonprofit Spotlight: Live Red Foundation

Each month Perkins Law spotlights a local nonprofit doing inspiring work in the central Virginia area, and the featured nonprofit for December 2021 is Live Red Foundation. Perkins Law salutes Live Red Foundation for offering free fitness programs, which teach 8 core life skills, to youth in low-opportunity communities. Click here to learn more.

Professional Limited Liability Company v. Limited Liability Company

The limited liability company (“LLC”) has emerged as the entity of choice throughout the small business community over the past 25 years. However, for many professional service providers, Virginia offers another, yet confusingly similar, option: the professional limited liability company (“PLLC”). Because (i) the two types of entities are similar in many substantive respects, yet […]

November Nonprofit Spotlight: ACTS

Each month Perkins Law spotlights a local nonprofit doing inspiring work in the central Virginia area, and the featured nonprofit for November 2021 is ACTS. Perkins Law salutes ACTS for its mission to provide funds, support, and other resources to neighbors in financial crisis, enabling them to live sustainable, self-sufficient and dignified lives. Click here […]

Tips for Winding Down a Small Business

I was saddened to recently to hear the news that the Innsbrook Foundation was dissolving, an unfortunate fate for an organization that had served the Innsbrook community so effectively for over 30 years, but an inevitable part of the life cycle of any nonprofit organization or business entity. The COVID-19 pandemic has been a catalyst […]

Pitch Virginia Coming to VCU’s Shift Retail Lab on November 10

The inaugural Pitch Virginia event, organized by Activation Capital, is scheduled for Wednesday, November 10 at the newly opened Shift Retail Lab at VCU, an initiative of the VCU da Vinci Center. The festivities will feature pitches from high growth, main street, and student-owned companies competing for $15,000 in prize money, concluding with the grand opening […]

Perkins Law Sponsors River City Open Collegiate Tennis Tournament

RVA Small Business and Nonprofit law firm Perkins Law, PLLC is excited to sponsor this weekend’s River City Open, the largest NCAA Division I men’s tennis event in the area. Organized by the River City Tennis Foundation, a local charity promoting tennis throughout the city, the tournament will feature players from some of the nation’s best […]

October Nonprofit Spotlight: Celebrate! RVA

Each month Perkins Law spotlights a local nonprofit doing inspiring work in the central Virginia area, and the featured nonprofit for October 2021 is Celebrate! RVA. Perkins Law salutes Celebrate! RVA for its mission to give children the chance to celebrate and enjoy their birthday in a safe and fun environment. they host birthday parties […]