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With the end of the year right around the corner and potential tax changes looming, now is the time to focus on your charitable giving.

The recession has been over for many years and the nation's unemployment rate has returned to below 5%.

Please join the IRS and other international organizations and regulators by participating in the annual International Charity Fraud Awareness Week (ICFAW), October 18-22, 2021.

The nonprofit federal grant and procurement community is under increased pressure and scrutiny.

In the past several newsletters, we devoted our attention to one of the more significant regulatory changes affecting nonprofit recipients of federal grants and contracts in the past decade – the Super Circular.

I vividly remember waiting impatiently for my "Fresh Air Fund Sister" to arrive that first summer. It was the summer of 1973.

The New York Non-Profit Revitalization Act of 2013 (the "Act"), which was passed by the New York State legislature in June, was signed into law by Governor Andrew Cuomo last week. The Act seeks to modernize the New York Not-For-Profit Corporation Law (the "NPCL"), and is the first major overhaul of the NPCL in four decades.

Another reorganization option for nonprofit organizations is "consolidation". Under the consolidation option, the two nonprofit organizations that wish to affiliate with one another both merge into a newly-formed, third entity ("NewCo"). As a result of the mergers, both target entities dissolve into NewCo.

The final option we will discuss in this series is the creation of a mutual parent entity.

There are many circumstances when it makes sense for a not-for-profit organization to engage the services of an outside contractor.

If we alter our mission a bit, what steps do we need to take to update the relevant agencies (e.g., state agencies, IRS, etc.)?

The IRS released several reports and made announcements during the summer regarding various matters of interest to tax-exempt organizations.

On August 9, 2016, the Internal Revenue Service issued Revenue Procedure 2016-42, which permits long-term CRATs to avoid the application of the often fatal "probability of exhaustion" test.

In the current economy, many not-for-profit organizations are looking for new and different ways to engage donors and solicit contributions.

With so much attention these days paid to fundraising ratios, many not-for-profit organizations feel pressure to minimize their fundraising expenses.

Fundraising can commonly be defined as "the process of gathering voluntary contributions of money or other resources, by requesting donations from individuals, businesses, charitable foundations or governmental agencies."

The actual assets that an organization had available for use in the ordinary course of business was blurred on the financial statements.

With the 2023 Louisiana Legislative Session under way, it is a good time to highlight the lobbying election available to qualifying public charities exempt from federal income tax under section 501(c)(3)...