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3 Top Compliance Challenges for Nonprofits + Expert Advice

NonProfit Leadership Alliance

In this guide, we’ll review expert tips for overcoming the top three nonprofit compliance challenges: Complying with governance guidelines Following fundraising requirements Reporting finances accurately Accuracy and thoroughness are key to maintaining compliance so your nonprofit can continue its important work. Track donor data.

Finance 207
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Corporate Partnerships & The Law: Unrelated Business Income Tax (UBIT)

Selfish Giving

Unrelated business income tax, known as “UBIT,” is the tax imposed on income generated from certain business activities undertaken by a tax-exempt organization.[1] Unrelated business income tax, known as “UBIT,” is the tax imposed on income generated from certain business activities undertaken by a tax-exempt organization.[1]

Law 147
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Corporate Partnerships & The Law: Registration & Reporting Requirements ??

Selfish Giving

A company that conducts this type of charitable sales promotion is regulated under state charitable solicitation laws as a “commercial co-venturer” (“CCV”). [1] Companies must register and/or undertake other reporting requirements in the states listed above if it is conducting the charitable sales promotion in any of those states.

Law 147
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Cancelling Student Debt Is Necessary for Racial Justice

NonProfit Quarterly

Amid growing debt and a stagnant economy, 2022 has seen a resurgence of student debt activism pushing for total cancellation. For decades, student loans have been a huge moneymaker for the federal government, which holds over 90 percent of all student debt in the US. trillion in student loan debt.

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How Guarantees Can Advance Community Development and Racial Equity

NonProfit Quarterly

While many foundations screen their endowment investments based on environmental, social, and governance factors, only a few optimize their investment strategies for mission impact. Even when a guarantee is called, foundations may be able to categorize the payment as a charitable contribution.

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Discovering The Tax Implications of Nonprofits Owning For-Profit Businesses

The Charity CFO

Tax Implications of Nonprofits Owning For-Profit Businesses Unrelated Business Income Tax (UBIT) Recognized nonprofits generally receive tax-exempt status from the federal government. However, your nonprofit may engage in revenue-generating activities that don’t relate to the purpose of your organization.

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Sponsorship v. Donations: The Drawbacks and Benefits

NonProfit Hub

Benefits of Corporate Donations Charitable donations enable companies to support your mission directly, leading to the following benefits for your organization and your corporate partner: A charitable donation doesn’t have expectations or demands. Your nonprofit will receive flexible funding to support various activities.