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.
It’s that time of year again. You’re busy with holiday preparations and celebrations and, if you’re a key member of a nonprofit’s team, you’re
It’s the joyous season of goodwill, good deeds and generosity. Just ahead of the December 31st deadline for tax-deductible contributions, your 501(c)(3) charity is no