The Western Conference on Tax Exempt Organizations co-sponsored by Loyola Law School and the IRS will be held on November 20-21 at the Millennium Biltmore Hotel in Los Angeles. As always, there will be an impressive list of presenters and several intriguing programs (including "Are Best Practices Really Best?"...
IRS Tax Guide for Churches and Religious Organizations
IRS Publication 1828 (last revised August 2015), Tax Guide for Churches and Religious Organizations, explains the benefits and the responsibilities under the federal tax system for churches and religious organizations. Here is a list of the topics discussed: Tax-Exempt Status Jeopardizing Tax-Exempt Status Unrelated Business Income Tax Employment Tax...
Succession Planning
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,...
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...
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...
IRS Releases Instructions to Redesigned Form 990
On August 19, 2008, the IRS released the revised instructions to the redesigned Form 990, which must be filed starting with tax years ending December 31, 2008. Click here for the press release. Click here for the instructions. Click here for three background documents related to the redesigned Form...
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...
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...
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...
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...
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