MEDIA & BLOG
Starting a Nonprofit: What Every Founder Should Know
When you're looking at starting a nonprofit, you have to consider several important issues. And, those include compliance with the IRS and your state.
Women in Philanthropy (5 Easy Tips to Do It Smartly)
The wealth of women will reach $72 trillion next year. Because of the importance of women in philanthropy, nonprofits have to appeal to new ideas.
Changing the World: Corporate America Resets
The Business Roundtable issued a statement ending exclusive focus on shareholders. Soon they can be changing the world for the better.
Did the Trump and Clinton Foundations Break the Law?
Now that the presidential campaign is over, I decided to take a look at the claims against both the Trump and Clinton Foundations. I wanted to see if all the chatter was politics as usual, or if the candidates were breaking IRS rules. Here’s what I found.
Many nonprofit groups are suffering from a new disease I term RMRD (Record & Memory Retention Disorder). If not caught and stopped in its tracks, RMRD can be fatal, resulting in total loss of an organization’s IRS tax-exempt status. What’s causing the rise of this disease and how can we stop it?
Ten Years Later: Autorevocation, the IRS, and Exempt Organizations
It’s been ten years since the Pension Protection Act of 2006 was passed requiring all nonprofit organizations, regardless of size, to annually file an IRS Form 990-series tax return or have their tax-exempt status automatically revoked by the IRS. I took a look back at what has happened since.
Preaching Politics: 5 Fast Facts about how the Johnson Amendment affects your 501(c)(3) organization
President Trump stated in his address at the National Prayer Breakfast in January 2017 that he intended to “get rid of and totally destroy the Johnson Amendment and allow our representatives of faith to speak freely and without fear of retribution.” Here’s five (5) fast facts about the Johnson Amendment and what 501(c)(3) tax-exempt organizations, including tax-exempt churches, may and may not do under current law.
More to Worry About than Beer Pong
The depiction of Greek life as a never-ending series of toga parties, excessive drinking and sex, was clearly over-the-top in National Lampoon’s 1978 comedy Animal House. Far more common than the headline-making incidents of beer pong gone awry is the reality that many local sororities and fraternities are running without a toga, or any cover at all.