Becky Seidel to Present Primer on Advising Nonprofits: Obtaining and Retaining Tax-Exempt Status

At today’s Colorado Bar Association’s 27th Annual Institute on Advising Nonprofits, nonprofit attorney Becky Seidel will present “Obtaining and Retaining Tax-Exempt Status” at the Primer on Advising Nonprofits. This session will provide a basic introduction to the tax law applicable to organizations described in Section 501(c) of the Internal Revenue Code. It will provide an overview of the different categories of tax-exempt organizations, including social welfare organizations, trade associations, and social clubs, as well as specifics on the requirements for qualifying and operating as a Section 501(c)(3) organization. The presentation will further explore the types of activities that can be considered to fall within the scope of Section 501(c)(3), including charitable, educational and scientific activities; the relationship between its public benefit requirement and private inurement prohibition; and its restrictions on lobbying and political campaign involvement. It also will touch on the differences between public charities and private foundations, and differences between Section 501(c)(3) organizations and other Section 501(c) organizations with respect to activities like lobbying.