Planning is Key to Effectiveness
You got to be careful if you don’t know where you’re going, because you might not get there. – Yogi Berra Imagine a scene with me…You are on a plane and you strike up a conversation with the person seated…
Nonprofits Must Navigate Stormy Economic Waters
Reading the headlines these days is enough to give anyone heartburn. Just yesterday the stock market posted its largest drop since early 2009. The odds that a double dip recession may be around the corner are rising and most Americans…
IRS Releases Guidance for Tax Exemption Reinstatement
As you are likely aware, the IRS finally released its long-delayed Nonfiler Revocation List last week. On it were the names of 275,000 nonprofits that had their 501(c) status revoked (see previous post). There has been some confusion and some…
275,000 Nonprofits Lose Tax Exempt Status
Well, it’s official. We’ve known this day was coming since the Pension Protection Act was passed into law in almost 5 years ago. On the afternoon of June 8, 2011, the IRS released the initial list of nonprofits that have…
Why People Hate Nonprofit Board Service
Tonight, the stakeholders (parents) of my daughter’s school will be voting to approve the list of new board members to replace those who are rolling off at the end of the school year. I am on the new member list,…
10 Business Essentials for Nonprofits
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…
Results From Our Email Survey
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…
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 14,000 organizations get started since 1995. The following is really more of an overview than an exhaustive…
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… https://thehill.com/blogs/on-the-money/domestic-taxes/152027-tax-break-for-charitable-giving-targeted-for-elimination
IRS To Publish Revocations of Tax Exemption
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…