Foundation Group » 501(c)(3)

Year-End To-Do List for Nonprofits

Greg McRay — Tue, 06 Dec 2011 16:46:20 +0000

Well, we are pretty much down to it. There are only a few weeks left in 2011…and during much of that time, most of us will be preoccupied with all things Christmas. But in all the hustle and bustle, there are a few things regarding your nonprofit that require your attention. The following is a [...]

Six Ways to Really Scare Away Your Donors

Greg McRay — Mon, 24 Oct 2011 14:41:47 +0000

Halloween is upon us...and there is no more appropriate topic that we could cover than how to effectively scare away donors. In the, um, spirit of the season, let's look at six ways to guarantee donors will want nothing to do with you!

10 Business Essentials for Nonprofits

Greg McRay — Wed, 20 Apr 2011 12:00:13 +0000

It often seems that when otherwise business-savvy individuals become involved in a nonprofit organization, they set aside all they ever learned in business and proceed to operate their nonprofit as if business rules do not matter. As most soon find out, they matter a lot. In this post, let’s take a look (in no particular [...]

How to Start a Nonprofit

Greg McRay — Tue, 05 Apr 2011 15:02:01 +0000

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” [...]

IRS To Publish Revocations of Tax Exemption

Greg McRay — Tue, 15 Mar 2011 04:21:26 +0000

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 [...]

Questions Other Nonprofits Are Asking

Greg McRay — Tue, 12 Oct 2010 15:53:01 +0000

If you are operating a nonprofit organization, chances are good that you have questions…lots of questions. And, it probably wouldn’t surprise you to know that your contemporaries in other nonprofits have lots of questions, too. Here at The Foundation Group, we get questions everyday. Many come from current or prospective clients who call or write. [...]

Update on IRS Tax Exemption Revocations

Greg McRay — Fri, 09 Jul 2010 20:03:19 +0000

It’s been almost two months since most tax-exempt organizations were required to file their annual IRS Form 990. As we have discussed at great length on these pages, the due date for tax year 2009 was the doomsday date for many nonprofits which had not filed Form 990 for three consecutive years. Now the numbers [...]

Get More Out of Your Fundraising Efforts

Greg McRay — Fri, 18 Jun 2010 16:22:18 +0000

Let’s face it. Times couldn’t be tougher for many nonprofits, especially when it comes to raising money. And in the nonprofit world, things often run in inverse proportion: The tougher the economy, the greater the need…and the scarcer the resources. So what can you do to beat the odds and secure the necessary funding to [...]

This Year’s Form 990 is a Very Big Deal

Greg McRay — Mon, 08 Feb 2010 17:32:37 +0000

The filing deadline for the 2009 Form 990 is May 17, 2010 for 501(c)(3) and other tax-exempt organizations running on a calendar year basis. There is nothing particularly new about that. What IS new is that this year’s filing obligation has the potential to cause an enormous amount of heartache to those nonprofits that are [...]

News For Nonprofits

Greg McRay — Tue, 26 Jan 2010 15:12:00 +0000

As long-time readers of our articles know, most of our posts focus on tips and best practices for effective nonprofit management. This post is going to be a little different. There is so much going on right now that affects nonprofits, we thought it would be a good idea to provide you with a brief [...]