article thumbnail

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

Selfish Giving

requested guidance on in the Selfish Giving / Accelerist Partnership Law Survey you completed last spring. One of the most popular types of cause marketing campaigns is a charitable sales promotion in which a business advertises that the purchase or use of certain goods or services will benefit a charitable organization (e.g., “For

Law 147
article thumbnail

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

Selfish Giving

requested guidance on in the Selfish Giving / Accelerist Partnership Law Survey you completed last year. This is the final part of a four-part series on the four key legal issues you - my readers! Today, our legal expert, Karen Wu of Perlman & Perlman , is answering your questions on unrelated business income tax (UBIT).

Law 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fundraising for your nonprofit in the start-up phase

Candid

Reprinted from NEO Law Group. A safer (although potentially more complicated) way to fundraise before receiving exempt status from the IRS could be to fundraise under a Fiscal Sponsor —in this context, a nonprofit organization and 501(c)(3) public charity that can receive donations and grants to support your organization’s charitable mission.

article thumbnail

Do You Inform Donors Of These 2 Giving Opportunities?

Bloomerang

While I always recommend you let donors know you are not in the business of offering professional legal or financial advice, and they should consult with their own advisors, this doesn’t mean you can’t inform people about changes in the law. It’s good to be aware of the varying deductions a donor can take for charitable contributions.

article thumbnail

Can Nonprofits Escape Corporate Capture?

NonProfit Quarterly

Nonprofits are a feature of tax law and corporate governance laws. AQ: Dean Spade, the lawyer who does trans law, he had a great point. Also, we should explore changing the corporate and the tax laws. But I like to bring the attention back to the people that we are supposed to serve and for whom I’m an advocate.

article thumbnail

The Fundraising Trends of 2019 You Don’t Want to Miss

NonProfit Hub

DAFs involve donors who gain tax benefits as a result of taking part in charitable contributions. This is a result of tax law reforms that introduced a program that allows small DAFs to minimize their tax liabilities by taking part in charitable contributions. In 2017, the number increased by 60%.

article thumbnail

IRS Joins Momentum Nonprofit Partners to Highlight Special Charitable Tax Benefit Available Through Dec. 31

Momentum Nonprofit Partners

Under the temporary law, taxpayers don’t need to itemize deductions on their tax returns to take advantage of this, which creates tax-favorable donation options not normally available to about 90% of tax filers. Ordinarily, people who choose to take the standard deduction cannot claim a deduction for their charitable contributions.