We have a day for giving thanks. We have two for getting deals. Now, we have #GivingTuesday, a global day dedicated to giving back. On Tuesday, December 1, 2015, charities, families, businesses, community centers, and students around the world will come together for one common purpose: to celebrate generosity...
FUNDRAISING & CHARITABLE GIVING
Nonprofit Crowdfunding Risks
The popularity of nonprofit crowdfunding is undeniable. Last year alone, it is estimated that $5 billion was raised through global crowdfunding with about 30 percent of that total going to social causes. While that figure pales in comparison to the approximately $300 billion raised by charities in the US...
Crowdfunding Platforms & Commercial Fundraisers
What keeps certain crowdfunding platforms like Indiegogo from falling within the commercial fundraiser regulations? Crowdfunding for charities is not a new concept, but the use of third-party crowdfunding platforms, such as Indiegogo and GoFundMe have become extremely popular in the past few years. These crowdfunding platforms not only provide...
NEO Law Group’s Video on Tips for Starting a Nonprofit – Fundraising Before Exemption
Yesterday, NEO Law Group posted its third YouTube video on 2 minute tips for starting a nonprofit. This video focuses on the issue of fundraising before receiving an exemption determination letter from the IRS. We hope that you enjoy it and please stay tuned for additional 2 minute videos...
Chronicle Live Discussion: Clever Ways to Thank Donors
On Thursday, October 31, The Chronicle of Philanthropy is hosting a live video discussion, Clever Ways to Thank Donors, that will show attendees how to be creative in their thank you's and also mindful of legal considerations, including federal rules regarding written acknowledgments and disclosures. You can also view...
Independent Sector Public Policy Action Institute 2013: Key Issues in Tax Reform
Day Two of the Independent Sector Public Policy Action Institute kicked off with a session on tax reform moderated by Kyle Caldwell, Charles Stewart Mott Foundation, and divided into five hot topics. Charitable Deduction. Richard Schmalbeck, Duke University School of Law, discussed the availability of a charitable contribution deduction...
Nonprofit Overhead: Good and Bad
Last Friday, Gene was on Nonprofit Radio discussing examples of good and bad overhead following host Tony Martignetti’s interview with the three signatories to The Overhead Myth letter. The growing rejection of the myth that overhead is a good way to measure a charitable organization’s value is a promising...
Overhead Myth: Thoughts from a Nonprofit Attorney
On June 17, 2013, the CEOs of GuideStar, Charity Navigator, and BBB Wise Giving Alliance signed a letter to the Donors of America denouncing the “overhead ratio” as a valid indicator of nonprofit performance. Leading commentators applauded the move even while some noted that charity ratings organizations, like...
6 More Fundraising Legal Tips
Fundraising and development professional should tighten up their knowledge of laws affecting their work. Earlier we posted Top 5 Fundraising Legal Tips. Here are 6 more: When soliciting pledges, understand whether your organization and the donor intend the pledge to be legally enforceable. If there is a contract...
‘Tis the Season to Be Compliant: Tips for Organizations on IRS Requirements for Deducting Charitable Contributions
The holiday season is a time of giving. Along with the presents exchanged at gatherings with friends and families, many gifts are made to nonprofits in the closing month of the year at holiday charity galas and auctions, through end-of-the year email and direct mail appeals, and through other...
You must be logged in to post a comment.