A phenomenon with far-reaching effects on nonprofit investment management and governance has become a little-noticed yet powerful force in boardrooms over the past decade. Despite its wide-ranging implications, this development has largely gone undocumented. This paper seeks to draw attention to this change and its implications, and to trace a…

The "Individuals with Disabilities Education Act" (IDEA) 2004 and its implementing regulations of 2006 contain provisions for the transfer of rights of students with disabilities upon reaching the age of majority. (20 USC §1415(m); 34 CFR §300.520). Virginia regulations governing special education further detail these requirements at 8…

The transition from school to adulthood is a pivotal time in the lives of all students. For a student with Autism Spectrum Disorder (ASD), change of any kind can be challenging, and a transition as momentous as this can seem especially daunting. Thoughtful planning, sound information, and open communication will help parents support young adults…

This is the second book in a series entitled "P-16: The Last Education Reform." It was the purpose of the authors to chronicle the growth of existing state and local P-16 councils and compacts across the United States and to look at what might constitute successful efforts and an ideal relationship between state and local efforts. The…

Discusses the use of short-term trusts to reduce federal income tax liability and outlines the basic legal requirements governing such trusts. (JG)

The Newspaper Preservation Act, passed by the United States Congress in 1970, granted special antitrust exemptions to certain newspapers as a means of maintaining the editorial and reportorial independence and competitive nature of the press. However, an analysis of specific cases that have involved the act reveals that, while purportedly designed…

Charges that the Newspaper Preservation Act has allowed unnatural monopolistic practices to exist where the free marketplace might otherwise operate, has failed to truly save failing newspapers, and has opened the way for non-failing newspapers to gain special antitrust exemptions. Calls for a reassessment of policy. (RL)

An examination of Internal Revenue Service administrative policies regarding Internal Revenue Code and Treasury regulations on charitable remainder trusts and pooled income funds concludes that rulings on the former have been few and results unexpected while those on the latter reflect the legal complexities, some being substantively and…

Surveys the federal tax implications of "immediate" charitable gift annuities (annuity payments beginning within one year of transfer) and "deferred payment" charitable gift annuities (beginning at a specified date), both of which enable individuals to make a charitable gift, retain a form of life income, and achieve federal…

Reviews the Tax Reform Act of 1969 with regard to income, estate, or gift tax deductions available for the gift or bequest of a remainder interest. Compares the various types of deductible charitable remainder gifts. Legal forms are included for pooled income fund trusts and for charitable remainder annuity trust gifts and unitrust gifts. (JT)

Examines three areas of vulnerability of charitable trusts which provide scholarships restricting applicants to one sex. The first area is based on constitutional grounds; the second, under the 1972 amendment to the Education Act; and the third, the entitlement of tax exempt status. (Author/PG)

The article discusses: the ideological and juridical basis for U.S. relationships with Native Americans, examines some of the most significant provisions of the Act, suggests that those provisions are in conflict with Native cognitive systems, and suggests some effects of the Act in the light of fundamental U.S. ideology. (Author/NQ)

This article serves as an introduction to a symposium on the Employee Retirement Income Security Act of 1974 and its labor law considerations. Commentary is offered on reporting and disclosure, fiduciary responsibilities, vesting, funding, and miscellaneous provisions. (LBH)

Consideration of errors and omissions insurance under ERISA demands a brief review of pre-ERISA trustee liability insurance law in this symposium report for historical and practical perspective. Specific problems are discussed, and it is concluded that the purchase of insurance should not lull a fiduciary into a false sense of security.…

Social workers understand that assessing the implications of a policy for individual citizens like Veronica, a 51 year-old African American woman whose retirement will be jeopardized by President Bush's plan for social security, is often a good yardstick by which to measure the impact of a change. Moreover, social workers understand that policy…