The CARES Act that Congress passed in response to the COVID-19 crisis is best known for its Payroll Protection Program SBA loans and other measures of cash relief. Getting less attention are the provisions that increase the tax-deductibility of donations…
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…
You have seen the videos from stores during Black Friday: mass amounts of people funneling into a store to grab anything and everything they can. People go on day-long shopping sprees to cross off everything on their list for the…
In Parts I and II of our series about fundraising registration, we took a look at an overview of the topic in general, then asked, Is All Fundraising Considered Charitable Solicitation? In today’s discussion, we are going to talk about…
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…
In the world of nonprofits, it’s all about fundraising. You can’t do much in the way of service delivery or mission fulfillment without money. For fundraising staff, it IS all about raising money and sometimes it can be a challenge.…
One of the things that you learn quickly when starting and operating a 501(c)(3) organization is that you have to handle money wisely. A nonprofit is no different than any other business in that you must make ends meet. Otherwise,…
Perfecting the habit of properly documenting the activities of your nonprofit is one of the most important disciplines any new social entrepreneur can master. There's a well-worn cliché that says, "If it's not in writing, it didn't happen". When it…
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…
