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Ann Novacheck News Archive

Posted March 25, 2020 with Tags ,

Can Nonprofits Use Their Endowment Funds to Assist Communities in the wake of COVID-19?

As the COVID-19 pandemic continues to impact all corners of life both locally and nationally, we have received questions from our nonprofit clients regarding the use of their endowment funds to help support their targeted communities.  In addition to a quick review of Minnesota’s endowment fund law, we provide some action items to consider when faced with these spending decisions.

Posted December 23, 2019

Private Foundation Tax Simplified and Lowered

On Friday, December 20, 2019, President Trump signed a $1.4 trillion spending package that included simplification of the taxes paid by private foundations.

Newsroom image for the post Nilan Johnson Lewis Expands Nonprofit Practice with Hire of Ann Novacheck

Posted June 24, 2019

Nilan Johnson Lewis Expands Nonprofit Practice with Hire of Ann Novacheck

Nilan Johnson Lewis announces that effective immediately, Ann Novacheck has joined the law firm, expanding its nonprofit and foundation practice as a shareholder within the Corporate & Transactional Services group. Novacheck has over 30 years of experience advising established and emerging nonprofit and tax-exempt organizations, including private foundations, operating foundations, public charities, trade associations, and health care providers.

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