The executive director transition is a pivotal moment for an organization, providing either a moment for positive transformative change or a moment that exposes poor planning for such a transition. Considering that an executive director can impact a wide array of factors from donor relations to the day-to-day operations, organizations will certainly prefer the former […]
Author: Emily Chan
Leona Helmsley’s Estate Creates a Stir in Nonprofit Sector
Nearly everyone is familiar with hotel mogul Leona Helmsley’s $12 million trust she willed to her dog, Trouble. What most people are unfamiliar with, however, is that the rest of her $5 – $8 billion estate may be left to a charity supporting dogs in need. The New York Times (July 2, 2008) reported that […]
IRS Releases New Guidelines for Form 1023
On July 31, 2008, the Internal Revenue Service (IRS) released a memorandum to explain the new guidelines for processing Form 1023 applications for exemption under IRC Section 501(c)(3) submitted by sponsoring organizations that maintain donor advised funds. These organizations must now refer to the Donor Advised Funds Guide Sheet and Donor Advised Funds Guide Sheet […]
Foundation Center Briefing – How California Foundations Address Diversity – Part Two
In a briefing held in San Francisco, Lawrence McGill, Senior Vice President of Research of the Foundation Center, emphasized that the results of the Foundation Center’s recent study on diversity and grantmaking in California are still only preliminary steps towards a more comprehensive understanding of diversity in grantmaking. McGill stated that the Foundation Center simply […]
Foundation Center Briefing – How California Foundations Address Diversity – Part One
On Monday, August 4, 2008, Lawrence T. McGill, Senior Vice President of Research of the Foundation Center, led an informative briefing, “How California Foundations are Addressing Issues of Diversity,” in San Francisco. The presentation focused on the results of the Foundation Center’s recent studies on diversity and grantmaking in California as reported in their publication, […]
Foundation Center Report on Giving to California Communities of Color
The Foundation Center has produced a report, "Embracing Diversity: Foundation Giving Benefiting California’s Communities of Color," highlighting key findings from their recent studies on diversity in philanthropy in California. The series of studies conducted by the Foundation Center was commissioned by Northern California Grantmakers (in partnership with Southern California Grantmakers) in August 2007. It attempts […]
Affiliated 501(c)(3) and 501(c)(4) Organizations
According to the National Center for Charitable Statistics, there are over 1 million groups with 501(c)(3) charitable status operating in the United States. Given that these charitable nonprofit organizations may have the substantial contact with populations in need, they carry the potential to be an influential factor in raising grassroots efforts and voices in the […]
Political Campaign Activity on the Internet
With the increased attention of an election-year, it is crucial that the nonprofit organizations attempting to push their issues to the forefront and mobilize public support remember the political activity boundaries the government has placed based on their tax-exempt status. On July 28, 2008, the Internal Revenue Service (IRS) released an internal memorandum regarding the […]