This week, the IRS finalized regulations that simplify the process of private foundation grants to foreign non-governmental organizations. The regulations…
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Nonprofit Law Blog
Jolie’s Board Departure Sparks Debate on Related-Party Transactions
Just this week, it was reported that Angelina Jolie stepped down from a nonprofit board due to her disagreement with payments…
READ MORE Should University Endowments Have a Payout Requirement?
An opinion piece in yesterday’s New York Times proposed an interesting idea: subjecting larger university endowments (those in excess of $1…
READ MORE Push for Electronic Filing, Readability of 990s Picking Up Steam
An Internal Revenue Service advisory panel recently pressed the agency to require all nonprofits to file their requisite Form 990…
READ MORE Mission, Program Investing Targeted as Tool in Climate Change Arena
Last week, the White House hosted a Clean Energy Investment Summit where Vice President Joe Biden highlighted more than $4…
READ MORE Operating a 501(c)(3) Charity Requires the Right Type of Purpose
To qualify as exempt under section 501(c)(3), an organization needs to be organized and operated for qualifying purposes. These purposes…
READ MORE Social Enterprise Ideas Require the Right Foundation
For nonprofits contemplating a social enterprise, a fundamental first hurdle will be selecting the form that the enterprise will take….
READ MORE New Domain Names Available for Nonprofits
Certain nonprofits now can purchase two new web domains: .ngo and .ong. Public Interest Registry, the nonprofit that manages the…
READ MORE Supporting Organizations Face More Reporting on 2014 Form 990
This year, as supporting organizations gear up for the May 15 Form 990 filing due date, they may need to…
READ MORE Game Over? NFL Gives Up Tax-Exempt 501(c)(6) Status
The National Football League is voluntarily becoming a taxable entity, following several years of scrutiny and legislative attempts to revoke…
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