Approximately 30,000 people were invited to participate in a survey designed to evaluate topics for online learning through Foundation Group. We asked questions about your level of interest in topics to help your nonprofit succeed. We also asked questions about your specific nonprofit organization. Now you can see how the answers you gave about your nonprofit compare and contrast with [...]
How to Start a Nonprofit
Helping people start nonprofit organizations is one of the most important things we do at Foundation Group. In fact, we have helped over 12,000 organizations get started since 1995. The following is really more of an overview than an exhaustive examination. Why Do You Want to Start a Nonprofit? Before we get into the “how” [...]
Obama Targets Charitable Giving Tax Deduction
In the seemingly never-ending budget battle on Capitol Hill, President Obama and his team are once again targeting the tax-deductibility of charitable donations. Check out the following article, then let us know what you think… http://thehill.com/blogs/on-the-money/domestic-taxes/152027-tax-break-for-charitable-giving-targeted-for-elimination
Thoughts on Nonprofit Leadership Part II
This is installment #2 in our ongoing series on leadership. Our first installment was more of an introduction. In this post, we are going to explore the concept of governance vs. management. Governance and management: For many, these are interchangeable terms. They shouldn’t be. And in far too many nonprofits, the leadership fails to understand [...]
Thoughts On Nonprofit Leadership (Part I)
The word “leader” conjures up a variety of images: your old Little League coach, a military general, your boss…even the president of the United States. Regardless of who (or what) comes to mind, there is the common thread of someone who leads. But what does leadership really mean? Certainly it means more than just being [...]
Foundation Group Blog Named Tops for Nonprofit Leaders
We don’t often toot our own horn around here, but today we are making a rare exception. Foundation Group’s blog was just named among the top 50 blog sites for nonprofit leaders by BSchool.com. Thanks to BSchool for the recognition. We appreciate your support. Congratulations to our friend, Sandy Rees, whose blog is also on [...]
Nonprofit Unrelated Business Income
There are few topics that generate more confusion to nonprofit managers than unrelated business income (UBI). It is also one the areas than can cause the most problems for your organization. It can cost you money…even your tax exempt status if not properly handled. In this issue of our newsletter, we will shed some needed [...]
IRS News for Nonprofits
It’s the beginning of another new year. And along with everything else that comes with a flip of the calendar, the IRS has several things up its sleeve for nonprofits in 2011. Let’s take a look two of the most crucial. Audits of nonprofits to increase. As if the IRS didn’t have enough to do [...]
You Get What You Pay For
One of our staff members was rummaging around in the back of a closet here in the office the other day looking for some Christmas decorations. She came across a framed quote that someone stuffed into a box years ago. I don’t remember ever having seen it before, so I don’t really know where it [...]
IRS To Publish Revocations of Tax Exemption
Posted on March 14, 2011 by Greg McRay in Commentary, Education, Managing a Nonprofit
The day some nonprofits have dreaded is coming soon. The IRS announced on February 24, 2011 that it will soon publish the list of 501(c) nonprofit organizations that had their tax exemption automatically revoked for nonfiling of Form 990 information returns. This list, officially called the Nonfiler Revocation List, will be updated monthly once it [...]