The course is focused on the essential elements required to organize and maintain a non-profit enterprise. It will further address the legal and compliance requirements of forming and operating a non-profit, including but not limited to, maintaining its tax-exempt status, addressing risk management issues, evaluating mergers and alliances, and compliance with fiduciary duties of officers, directors and senior staff. The course will utilize lectures, class discussion, case-book readings, and a group project. A final examination will count towards 50% of the final grade and a group project will constitute the remaining 50% of the final grade. KPPI- 952-5 compliments, but does not duplicate, other courses in the non-profit and social impact curriculum.