2021 – A Year In Review
COVID-19 (still around!). Economic uncertainty. Political turmoil. But yet, signs of recovery sprinkled in. Nonprofits meeting needs. It’s been yet another strange year, for sure.
50 Nonprofit Facts and Statistics
Most people, or at least me, like lists of facts. Like the height of Mount Everest is 29,032 feet high. Although it was considered to be 29,028 feet high until December of 2020, when the official height was changed. Facts…
Landmark Supreme Court Ruling Favors of Donor Privacy
In a landmark ruling issued at the end of June 2021, the Supreme Court overturned a California law requiring donor disclosure in favor of donor privacy rights.
2020 – A Year In Review
COVID-19. In our hometown of Nashville, a devastating tornado. Injustice. Protests. Riots. A Presidential election. More COVID-19. Is it over yet?
New COVID Relief Bill May Provide Additional Help for Nonprofits
The CARES Act legislation that was approved in the early days of the COVID-19 pandemic (spring of 2020) helped many nonprofits with its Paycheck Protection Program. Thousands of charitable organizations nationwide were able to secure forgiveable loans from the Small…
The CARES Act Increases Donation Tax Deductibility
The CARES Act that Congress passed in response to the COVID-19 crisis is best known for its Payroll Protection Program SBA loans and other measures of cash relief. Getting less attention are the provisions that increase the tax-deductibility of donations…
The CARES Act May Help Your Nonprofit Retain Its Staff
On Friday, March 27, 2020, Congress approved the Coronavirus Aid, Relief and Economic Security (CARES) Act. This is the third phase of a sweeping relief package Congress has passed in its efforts to mitigate the economic impact of COVID-19.
COVID-19: Now Is The Time For Leadership
Today is St. Patrick’s Day, 2020. Sadly, there won’t be much revelry this year. No parades, no leprechauns, and no green beer. This morning as I write this post, I am at my desk with just 3 others of my…
Nonprofit Structure: Public Charity, Private Foundation, or Private Operating Foundation?
Once you know the purpose of your nonprofit organization and have an understanding of your desired ownership and controls mechanism, it is time for you to choose the type of 501(c)(3) that best represents your organization’s planned operational structure. There…
Nonprofit Ownership & Control
For a visionary individual who wants to start a nonprofit, the concept of ownership can be a tricky one. You’re a founder on a mission, with big ideas to help solve problems in your communities, and you want to retain…