Understanding Nonprofit Law and Finance

Understanding Nonprofit Law and Finance

Forty-Eight Key Principles for Philanthropic Leaders

Erik Estrada


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This book addresses the 48 fundamental principles of nonprofit law and finance, comprised of 24 legal principles and 24 finance principles. Each chapter contains at least one case study from the nonprofit sector to bring these principles to life and to give the reader context for the rules of law and finance addressed in that chapter. It’s geared toward anyone interested in learning more about the top issues in both nonprofit law and finance, including philanthropists, volunteers, students, or professionals working in the nonprofit sector. These 48 key principles are addressed at a high level, coupled with interesting stories, which will provide the reader an effective framework for addressing both subjects.


Erik Estrada:

Erik Estrada, J.D., M.P.A., LL.M., has taught graduate and law school classes for nearly a decade at the University of Colorado School of Public Affairs, the University of Denver College of Law, and the University of Denver’s Organizational Leadership Program. He is a graduate of the Boston University School of Law, the University of Denver College of Law, the University of Colorado School of Public Affairs, and the University of Colorado. He was also a Graduate Fellow at Texas A&M University’s School of Government and Public Service.

Erik served as the General Counsel for the Level 3 Foundation, a 501(c)(3) nonprofit corporation. Before graduating from law school, he served as a Grants Program Officer for the Boettcher Foundation and as a Trustee, Program Director, and Senior Fellow for El Pomar Foundation, where he directed the nation’s second largest youth grant-making program. Erik presently serves, or has served, on the Boards of Directors for El Pomar Foundation, Colorado Center on Law & Policy, Foothills United Way, Community Resource Center, Tony Grampsas Fund (appointed by Governor Bill Ritter), Colorado State Housing Board (appointed by Governor John Hickenlooper), and the University of Colorado Alumni Association.