This publication is an excellent text for both the novice and the experienced professor. The book is designed to be useful in a wide variety of law or business school courses, including a doctrinal course, seminar, graduate law or MBA course, or as a helpful desk reference for nonprofit professionals. For a doctrinal elective the text offers a wide array of problems to help illustrate major topics in each subject area; for seminars there are numerous drafting problems and policy questions that students can build on for final papers; in LLM or MBA classes, the text's detailed exploration of complex issues, such as the private foundation and unrelated business income taxes, allows students to acquire practice ready skills in a highly regulated area of law. Finally, as a helpful desk reference tool, the text and teacher's manual allow nonprofit professionals to easily access a dense body of laws and regulations