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Several charity watchdog agencies
including Guidestar,
Charity Navigator
and GiveWell recently
announced that donors should not rely on overhead ratios
(overhead expense as a percentage of total expense) when
choosing whether or not to support specific charities.
Read more...
The Internal
Revenue Service has released a
check sheet to be used by all Internal Revenue Agents during
examinations of exempt organizations to collect data on
organizations' governance practices and internal controls.
Read more...
The challenging economic climate and its
impact on charity fundraising has prompted the
Wise Giving Alliance to
modify two of its longstanding, and often criticized,
standards
requiring that charities spend no less than 65% of overall
expenditures on programs and no more 35% of contributions on
fundraising.
Read more...
In November 2009, the People’s Republic of
China
issued a formal clarification of law regarding the scope of
tax deductions for donations by
China’s residents to nonprofit
organizations in China.
Read more...
California Senate Bill 200,
adopted on August 5, 2009, relates to internet advertising of
raffles.
Read more...
Because of the significant revisions made
to the Form 990 in 2008, the IRS has implemented a phase-in
schedule based on an organization's financial activity.
Read more...
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This firm has noticed an increase in labor law cases being
brought under the Fair Labor Standards Act (FLSA) by attorneys
who formerly handled personal injury cases.
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New IRS Compliance Guide Released for Non-501(c)(3) Exempt
Organizations
The Internal Revenue Service's Exempt
Organizations unit has recently released an
updated
compliance guide for non-501(c)(3) tax exempt
organizations.
Read More...
Form 990 Filing Tips Issued For Schedules A and L
In response to a number of
questions from filers, the IRS has issued the last in a series
of
filing tips for the revised Form 990 on
Schedule A (relating to public support and public charity
classification) and
Schedule L (related to disclosures of transactions with
disinterested persons). The filing tips, in the form of
questions and answers, cover basic topics such as who must
file each schedule, as well as more detailed organization-specific
questions. Other filing tips and FAQs are available on
reporting executive compensation, governance, arrangements
with related organizations, and activities outside of the
United States. The IRS has
other resources and tools for the revised 990 on its
website, including online courses for preparing the Form and a
case study presenting a walk-through of a Form 990 filed by a
hypothetical tax-exempt organization.
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Seth Perlman - gave a presentation on “The Law of Fundraising” at the Practising Law Institute Advising Nonprofits seminar on February 3, 2010 in New York City.
Allen Bromberger- will be a principal presenter at the
Structure Lab - a program of
Criterion Venture on February 25, 2010 in New York City.
Allen Bromberger- will be
appearing on an expert panel and will be offering one on one
consultations at the
Social Venture
Institute, a program of the
Social Venture Network in partnership with the
Greater Philadelphia Sustainable Business Network, on
February 26th and 27th, 2010 in Philadelphia.
Seth Perlman -
will be co-presenting along with Michael DeLucia of the New
Hampshire Attorney General's Office "Who is Watching You Now?,"
a review of
the state fundraising regulations and the impact of the new
form 990, at the AFP International
Conference on Fundraising in Baltimore, Maryland on April
12, 2010. |
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Climate Response Fund
Hosts Historic Conference on Ethical Standards for Climate
Change Technologies
The
Climate Response Fund
is a nonprofit organization created to stimulate and support
discussion and research into “geoengineering,” climate
intervention techniques and other activities needed to explore
innovative solutions to the climate crisis facing the world.
Read More...
Love
A Child, Inc.
Documents Relief Efforts in Haiti After Earthquake
LoveaChild.com
is a 501(c)(3)
non-profit Christian Humanitarian Organization. Love A Child has
been working to reduce the poverty in Haiti for a number
of years.
Read More...
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