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News and Avoiding Scams

What’s New for Nonprofits in 2020

At the close of 2019, Congress passed legislation that has a significant impact on nonprofits. On December 20, 2019, the Further Consolidated Appropriations Act, 2020, also known as H.R. 1865, became law. This act includes two provisions that significantly impact nonprofits:

The simplification of the excise tax on net investment income; and
The retroactive repeal of the unrelated business income tax on qualified transportation fringe benefits.

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January 6, 2020 No Comments
Hurricane Relief - Donor Beware!
News and Avoiding Scams

Hurricane Relief – Donor Beware!

Familiarize yourself with the organization, its mission, and its effectiveness before giving. Always ask for information in writing “ be wary if an organization will not provide information about charitable programs and finances upon request. Any legitimate organization will be happy to send you information. Check guidestar.org to review the organization’s financial data and learn more about its mission and finances. Understand that its common for scammers to set-up websites with confusing similar names to well-known charities to steal personal information from those trying to donate. Scammers are also known to set up fake GoFundMe accounts.

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September 18, 2018 No Comments
Managing Conflicts of Interest
News and Avoiding Scams

Conflicts of Interest and the Golden Age for Shenanigans

The first step to managing conflicts is the disclosure of conflicts. If decision-makers are not required to disclose their conflicts, then there is no way to ensure that their decisions are not tainted by self-interest. Even the most well-meaning individuals can have their decision-making clouded by competing interests. The only way to ensure conflicts are properly managed is to disclose those conflicts and recuse oneself from the decision-making process when conflicts arise.

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January 12, 2017 No Comments
Mission-related Investing
News and Avoiding Scams

IRS Guidance Breathes New Life Into Mission-Related Investing

Foundations are required to expend approximately 5% of their assets for charitable purposes each year. The other 95% is invested to generate distributable income for future years. Historically, foundations have struggled with the idea of making riskier investments that further their charitable purposes, but do not qualify as a PRI because a significant purpose of the investment is the production of income or the appreciation of property.

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September 21, 2015 No Comments
CharityLawyer
News and Avoiding Scams

Best of CharityLawyer 2014

At the end of each year we like to look back at our most popular posts to evaluate what our readers are finding most interesting and useful on the blog. What follows is a list of CharityLawyer’s Top 10 posts for 2014 measured by page views

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January 10, 2015 No Comments
charitable solicitation registration
News and Avoiding Scams

ACC Non-Profit Annual Report Email Reminders

Just released this month, the Arizona Corporation Commission now offers annual report email reminders for entities incorporated in Arizona; all you have to do is sign up! All corporations,

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September 9, 2013 No Comments
Change Government Regulations
News and Avoiding Scams

Senate Finance Committee Report Suggests Ways to Change Government Regulations

On June 13, 2013, the Senate Finance Committee released a cooperative, bipartisan report comprised of suggestions on how (and why) to change government regulations on tax-exempt/nonprofit organizations and on the rules of charitable giving. The Committee’s Report set forth a number of issues that need to be addressed in the nonprofit and charitable giving arena, and offer a number of potential solutions.

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August 1, 2013 No Comments
Benefit Corporation
News and Avoiding Scams

CLG is Proud to be a B!

We are often asked “ what exactly is a B Corporation? B Corporations are a new kind of company that uses the power of business to solve social and environmental problems. You can think of a B Corporation certification as analogous to a Fair Trade or LEED certification, but for a business instead of a bag of coffee or a building.

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July 8, 2013 No Comments

How to Keep your Non-Profit Compliant in All 50 States

Most states require you to register your organization if you solicit donations from their residents. Many states also require registration if your organization collects substantial or ongoing donations from their residents, even if you aren’t specifically targeting donors in that state. Download our comprehensive list of each state’s requirements.

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Charity Lawyer
CharityLawyer Blog offers plain language explanations of complex nonprofit law concepts, discussions of current events and links to valuable resources for nonprofits.
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