COVID-19: Now Is The Time For Leadership
Today is St. Patrick’s Day, 2020. Sadly, there won’t be much revelry this year. No parades, no leprechauns, and no green beer. This morning as I write this post, I am at my desk with just 3 others of my…
Reader Question – Proxy Voting at Annual Meeting
Jo asks: Can person(s) have a proxy for an Annual Congregational meeting when voting on the annual church budget? Are there any guidelines of when it is permissible to have a proxy if you cannot attend a meeting because of…
Reader Question – Commission for President’s Fundraising
Lori asks: I’m head of a board for a 501(c)(3) where the only employee is also the president and founder of the organization. Her salary is currently 20 percent of our budget and she is asking for a large increase…
States Increasingly Say That All Revenue Sources Constitute a Solicitation
Nonprofit compliance can be complicated business. That’s been true for as long as there has been a Section 501(c)(3) in the US tax code. That complexity has only gotten more burdensome since the states have stepped up their solicitation registration…
Charitable Lead Trust, Charitable Remainder Trust, and Private Foundation Comparison
When it comes to the intersection of estate planning, charity, and philanthropy, there are many things that must be considered. It may be estate tax concerns, leaving an inheritance to your family, or creating a lasting legacy of giving that…
Private Foundation Vs Donor Advised Fund
When it comes to establishing an appropriate philanthropic vehicle, the two most often chosen are Private Foundations (PF) and Donor Advised Funds (DAF). Both have their distinct advantages, as well as some drawbacks. DAFs have become increasingly popular over the…
Operating a Nonprofit in Multiple States
If an organization is planning to conduct any type of activity outside its incorporated state, certain measures need to be taken to maintain state-level compliance. An organization must have a clear understanding of what it is planning so it can…
Is All Fundraising Considered Charitable Solicitation?
Part II of our Charitable Solicitations Registration Series When it comes to fundraising, what constitutes a charitable solicitation? In other words, when does the “ask” really become an “Ask” that requires a nonprofit to register with a particular state’s Division…
Why You Should Trust a Professional for Nonprofit Startup and Compliance Needs
Once you’ve decided your mission, developed an operations strategy and started building a team, it’s time to prepare and file your incorporation documents and 501(c)(3) status applications. If you’ve done your homework properly in documenting your mission, strategy and plans,…
Nonprofit Executive Compensation
Executive compensation is a hot-button topic for both nonprofit and for-profit companies. With the nature of compensation changing dramatically for technology and other high-growth industries, it is important to understand what is fair and competitive when setting your employee salaries…