In a fantastic piece today in the Chronicle of Philanthropy, Tim Delaney, chief executive of the National Council of Nonprofits, exposes multiple examples of currently proposed state legislation aimed at the nonprofit community. Mr. Delaney explains how, in each example,…
The Internal Revenue Service issued its annual compilation of agency data yesterday. In what was a surprise to many, the number of approved applications for 501(c)(3) status actually dropped in 2015 from 2014’s numbers. The 2015 fiscal year, which ended September…
By Karl Zinmeister, The Philanthropy Roundtable This article is adapted from a talk delivered on January 29, 2016, at Hillsdale College’s Allan P. Kirby, Jr. Center for Constitutional Studies and Citizenship in Washington, D.C. It is a long piece, but…
Well, that was fast. At least the IRS made the right decision on this. Just to update you, the IRS recently proposed allowing charities to (optionally) collect the Social Security numbers of donors and report the detailed donor/donation information to…
Well, that didn’t take long! We informed our readers last week of a proposal by the IRS to (voluntarily) allow charities to collect and report the Social Security numbers of donors. The idea being that it would reduce fraudulent tax…
The IRS recently proposed new regulations that would allow charities to report the Social Security numbers of donors who give more than $250 to the nonprofit. This has caused an uproar of concern among those in the nonprofit community, including…
An important announcement from one of our valued business partners, Aplos Software: Aplos Software, a company that specializes in online, nonprofit accounting, announced today that it will host a complementary year-end closing webinar for nonprofits and churches on Tuesday, December 15th at…
The IRS currently requires donors to a 501(c)(3) to have a receipt from the charity for any gift above $250 in order for that gift to be tax deductible. According to a post in Bloomberg BNA, the IRS is considering…
Guest Post by Fundraising Expert, Sandy Rees, CFRE You need new donors. New donors bring money and other kinds of support to the table. But the hard truth is this: If you don’t bring in new donors, you’ll eventually have…
It looks like Lois Lerner, the scandal-scarred former head of the IRS Tax Exemption Unit, can finally relax and enjoy her forced retirement. Last week, the Obama Justice Department announced that they were declining to prosecute her for misusing her…