Posts Tagged: Charity

Is Fiscal Sponsorship Right for You?

July 12, 2021 Posted by Casey Summar in Compensation, IRS

Many individuals looking to develop a charitable program assume that they need to create a nonprofit organization to solicit tax-deductible contributions. While establishing a nonprofit is often the best course of action, for many there is another way – fiscal sponsorship. Fiscal sponsorship is a partnership with a 501(c)3 tax-exempt organization – the fiscal sponsor …

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The Pros and Cons of Operating a 501(c)(3)

Most new charitable organizations are looking to become tax-exempt under Internal Revenue Code section 501(c)(3). However, before making the decision to incorporate as a nonprofit corporation and apply for tax-exemption, it is important to know the pros and cons. Operating a nonprofit corporation with 501(c)(3) status comes with significant advantages, namely income tax-exemptions for the …

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New Warnings from the Attorney General

Is your nonprofit a target for the Attorney General? This week, the head of the California Attorney General’s Charitable Trust Section, Tania Ibanez, provided an update on its enforcement of laws regulating charities. That update revealed that the Attorney General is scrutinizing charities that solicit donations for purposes related to veterans, cancer treatment and animal …

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California Attorney General Here to Help Nonprofits

October 25, 2018 Posted by Steven Adamian in Non-profits, Nonprofits

Need help understanding a nonprofit’s reporting requirements with the California Attorney General’s office? Or help curing a nonprofit’s delinquent status with the agency’s Registry of Charitable Trusts? If so, help is here! The Attorney General’s Charitable Trust Section is providing a live webinar on October 30, 2018 at 10:00 a.m. to address these topics. Specifically, …

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President Obama Clarifies Rules for Religious Charities that Receive Federal Money for Social Services

President Barak Obama issued an executive order on November 17 that sheds light on the new policy-making criteria for religious social-service providers who receive federal money in the way of grants and contracts. This order ensures that the money is only used for secular purposes. According to the Chronicle of Philanthropy, “President Obama signed an …

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Are There Tax Potholes In Your Charity’s Year-End Vehicle Donation Program?

As this economically challenging year comes to a close, many non-profits are looking for ways to boost their fundraising efforts in order to meet year-end goals. Some tax-exempt organizations are looking to vehicle donations as one way to supplement end-of-year fundraising. The last several years have seen a proliferation of for-profit entities that have created …

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