While donor-advised funds (“DAFs”) have been a subject of scrutiny for more than 10 years now, no substantial legal changes…
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Tax-Exempt Status and Compliance
DACA’s End Brings Uncertainty to Dreamers and Scholarship Providers
The Trump Administration’s decision to phase out the Deferred Action for Childhood Arrivals (“DACA”) program has both students and scholarship…
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Termination of Private Foundation Status: Distributions of Net Assets to a Public Charity
This week’s post continues last week’s discussion on options for termination of private foundation status, which can be complex. For private…
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Organizations that begin their existence as private foundations may well find themselves wanting to change that status for a number…
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Maneuvering Through the Minefield of Private Foundation Termination
Becky Seidel’s article on terminating private foundation status was published in the July 13, 2017, issue of Bloomberg BNA’s Tax…
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Push for Coding Education Sparks Policy Debate
An article this week in the New York Times highlighted the push for coding education in public schools, starting as young…
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IRS Acknowledges The Value of Man’s Best Friends
In a private letter ruling released last week, the IRS blessed the expansion of a 501(c)(3) organization that plans to begin…
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Private Foundations and Compensation: Family Ties Can Lead to Problems
In the world of private foundations, it is not unusual to compensate related parties for services they provide to the…
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IRS Makes 1023-EZ Data Available Online
Recently the IRS announced that it has made publicly available the data submitted by nonprofit organizations using the short-form 1023-EZ…
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Illegal Activity by 501(c)(3)s: Always a Threat to Exemption?
This is the second of two blog posts focusing on restrictions on 501(c)(3)s engaging in illegal activity or activity that…
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