Tags » Charitable Organizations

What Great Nonprofit Board Members Routinely Give

Finding volunteers with the right attributes is like winning the trifecta – difficult to do, but worth making the effort to find the right mix for the organization.   570 more words

Charity And Philanthropy

Understanding UPMIFA: Important Endowment Concepts

By David Wheeler Newman

The Uniform Prudent Management of Institutional Funds Act (“UPMIFA” or “the Act”) was adopted in 2006 by the National Conference of Commissioners on Uniform State Laws, as the successor to the Uniform Management of Institutional Funds Act (UMIFA), and has (at 1/1/2017) been enacted in every state except Pennsylvania. 1,198 more words

Tax And Trusts & Estates

More on Hate Groups and Tax Exemptions [Updated]

On the Cooking the Books Podcast, Phil Hackney and I discussed Michael Kunzelman’s story (that we both spoke to him about) on white nationalist groups that are tax exempt.  1,516 more words

Charitable Organizations

Rockefellers, Pratts and Private Cemeteries

By: David J. Herzig

The New York Times wrote about the Pratt Family burial plot. As Daniel Hemel pointed out there was also a tax story; apparently, the cemetery qualifies as a 501(c)(13) tax-exempt entity. 838 more words

I'll Take "Cancer Sucks" for $1000, Alex

I first heard about Cindy around Thanksgiving and every few days there’s an update or more information. If you aren’t familiar, a woman named Cindy Stowell got the chance to be on Jeopardy. 526 more words

Charitable Organizations

Prairie Meadows should open their books, regardless of ruling

On 12/16/2016, The Des Moines Register reported that the Iowa Public Information Board had ruled that Prairie Meadows  Race Track and Casino was not a “government body” according to their rules and, therefore, was not required to follow open records laws, and not required to provide the Register with records pertaining contracts of its top executives.   169 more words

Donating To Charitable Organizations

The holidays and year-end tend to be the time where people make donations to charitable organizations. One of the reasons for this is to take advantage of the tax benefits associated with making donations to legitimately registered 501(c)(3) charitable organizations by December 31st of the current tax year. 703 more words

General Interest