Revocation Blues for the Nonprofit Sector
Let’s just say that the nonprofit community has another … “situation” … on its hands. Long story short: The Internal Revenue Service is required by
FASB Issues New Gifts-in-Kind (GIKs) Rules
Recently, the Financial Accounting Standards Board (FASB) published new rules governing how 501(c)(3) organizations should account for, and report, non-cash charitable contributions. This type of
Newest CA Employee Leave Laws
This year’s California Legislature wrapped up its business, as usual, on the final day of August, waiting anxiously to see if Governor Gavin Newsom would
DAF Reform Stalled Again in CA
This year’s legislative session in California ended on schedule in late summer, but there had been several interruptions by pandemic-related recesses. Lawmakers had hoped to
Community Reinvestment Act: New Life?
There’s an opportunity in the next few months for the nonprofit community to have a say on the modernization and reform of an important piece
Museums & Deaccessioning in COVID-19
The COVID-19 pandemic has wreaked havoc all around the nonprofit sector. Among the hardest hit are arts organizations. A recent news item sums up the
Quarantined Nonprofits: Cyber Security Worries
As COVID-19 quickly engulfed the United States in mid-March, the normal world of work as we knew it evaporated. Faced with lock downs and quarantines,
Blackbaud Data Breach: Fallout for Nonprofits
There have been cyber attacks for as long as there’s been an internet. Experts have long run around with their hair on fire to warn
A Sunsetting Tale
Once upon a time, there was an American billionaire who amassed a fortune in retail but continued to live frugally despite his enormous wealth. He
Final “Net Investment Income” Excise Regs
Not to put too fine a point on it: The Tax Cuts and Jobs Act of 2017 was a mess. At the time the Senate
COVID-19 Giving Data: New Report
On March 31, 2020 – just about two weeks into the catastrophe that has enveloped the world – staff writer Dan Parks of The Chronicle
Nonprofits & CA’s “Take 2” Reopening
Throughout the United States, the summer months were a frenzy of rushed “reopenings” followed by all-too-predictable rollbacks as COVID-19 outbreaks surged. Disease hotspots erupted even