Nonprofits often question how much control can a donor retain over their gift? The answer depends on who the donor is. Individual donors and private foundations play
In the realm of philanthropy, a pivotal decision for founders is determining the lifespan of their foundation: should it operate indefinitely or conclude after a
What philanthropists need to know about DAFs, including potential legislative changes that could impact them.
Tax-free IRA distributions are a tax-advantaged way to donate to charity. The IRS has raised the Qualified Charitable Distribution (QCD) limit, allowing IRA owners aged
What is a Charitable Remainder Trust? The Charitable Remainder Trust (“CRT”) is a trust set up to generate revenue for a beneficiary while also ensuring
Black’s Law Dictionary, 9th ed., defines an endowment as: A gift of money or property to an institution (such as a university) for a specific
Some businesses want to be able to help their employees in times of need. When properly structured, such assistance can qualify as a tax-free gift to the employee.
What is Giving Tuesday? Giving Tuesday is celebrated the week after Thanksgiving and has become a time for Americans to share their good fortune by
Fiscal sponsorships are a popular way for new nonprofit organizations or temporary projects to attract tax-deductible donations or secure grants that require 501(c)(3) status. However,
A virtual bench trial that began on October 19 may soon further define the contours of control issues surrounding donor-advised funds. The case, Fairbairn et al. v. Fidelity Investments Charitable Gift Fund, centers on a feud between donors Emily and Malcolm Fairbairn and Fidelity Investment’s Charitable Branch.
Download our free guide to learn about the many elements needed to run a successful nonprofit organization, as well as how to avoid common pitfalls and mistakes.
