By NEO Law Group
Charitable purposes under IRC Section 501(c)(3) include the promotion of social welfare by organizations designed to combat juvenile delinquency. The primary guidance on this specific charitable purpose may be found in Revenue Ruling 80-2015, which provides in pertinent part: Trusts created for the purpose of promoting sports for children have been...
Charities – If the status quo is harming your ability to advance your mission consistent with your values, what can you do? What should you do? The first question is a little easier to answer from a legal perspective. But I’ll try to provide a tiny amount of personal...
The culture of fear triggered by the current administration’s attacks on diversity, equity, and inclusion (DEI), while understandable, is not healthy for the nonprofit sector. Staying informed and stepping up general compliance are generally appropriate responses. Making changes to communications may be part of a sound risk management strategy....
The following are just some of the many highlights from day two of the 2025 Western Conference on Tax Exempt Organizations (WCTEO), not including the breakout sessions. Day one highlights can be found here. As with all of our posts capturing highlights of events, my interpretations, opinions, and suggestions of additional...
The following are just some of the many highlights from day one of the 2025 Western Conference on Tax Exempt Organizations (WCTEO). As with all of our posts capturing highlights of events, my interpretations and opinions may be sprinkled with the general information provided by the presenters. Power Hour Plus Ofer...
Here are some of the highlights from the American Bar Association Exempt Organizations Committee meeting held on February 20 as part of the ABA Midyear Tax Meeting. As with all of our posts capturing highlights of events, my interpretations and opinions may be sprinkled with those of the presenters. Executive Orders...
In a post published on November 19, 2024, we described H.R. 9495, the Stop Terror-Financing and Tax Penalties on American Hostages Act that passed the U.S. House of Representatives mostly along party lines on November 21. HR 9495, labeled by some as the ‘Nonprofit Killer Bill’ because it would...
The 28th Annual Western Conference on Tax-Exempt Organizations (WCTEO), my #1 go-to conference every year for the past 19 years, will be held in Los Angeles on Thursday, February 27, and Friday, February 28. You can join a waitlist for the sold-out conference by emailing nonprofits@law.ucla.edu. The UCLA School...
There has certainly been intense reactions to the Stop Terror-Financing and Tax Penalties on American Hostages Act. It’s been labeled the “Nonprofit-Killer Bill” by some. I consider it more the “Nonprofit-Chiller Bill” designed not to stop terror-financing, but to chill the speech of nonprofits not adequately conforming to the...
Editor’s Update (11/21/24): The Republican-controlled House of Representatives passed H.R. 9495 this morning 219-184 mostly along party lines. The bill now moves to the Senate for its consideration. Exactly seven days after the Presidential election, the Republican-controlled House of Representatives failed to acquire the two-thirds majority it needed for...