Non-Profit Archives - Page 4 of 7

Jun 23, 2020

Nonprofits: Carefully navigate the upcoming election

By Victor Dozzi
Non-Profit
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The 2020 presidential election is fast approaching and your not-for-profit has a stake in its outcome. But that doesn’t mean your organization is free to participate in campaign activities. In general, Section 501(c)(3)s risk losing their tax-exempt status if they participate in campaigning. However, there’s more nuance in the rules than you might suspect. 5

Jun 17, 2020

When nonprofit contributions are quid pro quo

By Victor Dozzi
Non-Profit
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Charitable contributions aren’t always eligible for tax deductions — even when the not-for-profit recipient is tax exempt and the donor itemizes. Take “quid pro quo” donations. These transactions occur when your organization receives a payment that includes a contribution and you provide the donor with goods or services valued for less than the total payment.

Jun 10, 2020

Time to team up: Nonprofit partnerships

By Joan Ellenbogen
Non-Profit
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Not-for-profits struggling during the COVID-19 pandemic may want to consider partnering with a like-minded organization. Teaming up potentially enables you to pool funds, staff and supporters, temporarily or permanently. The two most common arrangements are strategic alliances and joint ventures. With either one, you’ll need to ensure that your nonprofit and your partner share similar

Apr 29, 2020