In the spring of 2015, we followed with keen interest two developing stories about major community institutions that were suddenly threatened with immediate closure: Virginia’s
The tax-exempt status of certain high-profile private museums have become the target of an inquiry by the Senate Finance Committee. The issue is whether they
Recently, the Chicago-based Alzheimer’s Association embarked on a strategic change of course to fully integrate its independent chapters nationwide into a single charitable organization. There
On New Year’s Eve, there are champagne toasts and doomed-to-failure resolutions to lose weight. At the stroke of midnight, there are also new laws on
In a perfect world, federal tax policy would be comprehensively analyzed, thoughtfully debated, and then enacted without partisan rancor or dispute. We don’t live in
The hallmark of a 501(c)(3) public charity is that it receives enough support from donations or grants to make it accountable to the public good.
Although the donor-advised fund (DAF) has been around for many decades, this charitable-giving format has surged in popularity in recent years. Our recent post, “Donor-Advised Funds: An
Section 501(c)(3) organizations enjoy lots of perks; most notably, relief from the federal income tax obligation. They are also eligible for government and foundation grants.