Over the past several weeks, we’ve been focusing on the details of Colorado’s new public benefit corporation statute and the…
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Direct Programs and Grant-Making
When Disaster Hits, Is a New Organization Necessary?
After tragedies like the Boston Marathon bombings or Hurricane Sandy, there is an inspiring and admirable outpouring of support to…
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NGOsource Aims to Ease the Foreign Grantmaking Process
We discussed in an earlier post how the IRS recently proposed new regulations that will make it easier for private…
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IRS Substantiation Rules Apply to Private Foundations, Too!
Many readers likely have some familiarity with the IRS rules for substantiation of charitable contributions, which set out requirements for…
READ MORE Charitable Sector Advocates for Keeping Deduction, Adding New Incentives
Last week, the House Ways and Means Committee held a hearing on the charitable deduction. About 40 individuals, including the…
READ MORE Charitable Deduction the Focus of House Committee Hearing
The House Ways and Means Committee will be conducting a hearing tomorrow to examine the itemized deduction for charitable contributions…
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Clarity for Type III Supporting Organizations and Their Private Foundation and Donor Advised Fund Grantors
After a six-year wait, the IRS has issued final and temporary regulations affecting Type III supporting organizations. These regulations, which…
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Update on Fiscal Cliff and the Charitable Deduction: Phase-out a Concern
Last week, Congress passed legislation that is meant to help steer the country out of the “fiscal cliff” combination of…
READ MORE Proposed IRS Rules Could Boost Foreign Grantmaking
Grants to foreign non-governmental organizations (“NGOs”) can help carry out important charitable activity—they are often made to organizations struggling to…
READ MORE Future of Charitable Deduction Has Nonprofits on Edge
There has been much discussion about the fiscal cliff, which in a nutshell is a combination of spending cuts and…
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