Nonprofit organizations have yet another hurdle to cross when applying for tax-exempt status. The Department of Homeland Security — the U.S. Government Department that oversees counter-terrorism, border security, disaster response, and immigration — is also an integral part of the tax-exempt approval process.
Author Archive for NonProfitBanker
The Weekly Balance Sheet: June 28
by NonProfitBanker • • 0 Comments
A list of the great articles that I’ve read from June 21 – June 26, 2010. This week’s categories include: Governance & Strategy; Social Media, Internet & Fundraising; and Jewish/Israeli (Nonprofit) News.
The Weekly Balance Sheet: June 21
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A list of the great articles from around the web that I’ve read from June 14 – June 20, 2010. This week’s categories include: Governance & Strategy; Social Media, Internet & Fundraising; Jewish/Israel (Nonprofit) News; and Economics & Finance. I’m…
The Real Reason Israelis Don’t Donate
by NonProfitBanker • • 2 Comments
A recent study in Israel advocates the same theory, claiming that Israel’s poor standing in charitable-giving is directly related to the Israeli Government’s comparatively lower tax-deductible incentives.
However, by placing the blame squarely on the Israeli Government – instead of the shoulders of the nonprofit organizations operating in Israel – these researchers are causing the Israeli Nonprofit Sector to leave a huge well of potential-donors untapped. The charities in Israel are failing to engage would-be donors, and it is this lost opportunity that should really be addressed.
Weekly Must-Reads: June 14
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A list of the great articles from around the web that I read from June 6 – June 13, 2010. This week’s topics include: Regulations, Strategy & Governance; Social Media, Internet & Fundraising; Economy & Finance; and Israel & Jewish Nonprofit News.
Weekly Must-Reads: June 6
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A list of great articles I’ve read and posted to Twitter between May 23 – June 5, 2010. This week’s topics include: I.R.S.; Sector Trends; Social Media & Internet; Finance & Economy; and Potpourri.
4 Reasons Why NOT to Establish an "American Friends of" Organization
by NonProfitBanker • • 2 Comments
Israeli charities (amutot in Hebrew) rely on donations from overseas – no secret there. Many foreign-based charities choose to create an American based nonprofit, more commonly referred to as a “Friends of” organization so donations can be tax-deductible vis-a-vis the American Federal Government. (In a previous post, I spoke about IRS trends when a “Friends of Organization” is applying for tax-exempt status.)
However, it could be that establishing a “Friends of” organization is not in your charity’s best interest. The following are some considerations that elaborate on: Why not to raise funds through a U.S. registered “Friends of” Organization?
Weekly Must-Reads: May 23
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A list of great articles from around the web that I posted to Twitter from May 16 – May 22, 2010. This week’s topics include: Strategy & Governance; US Tax Tidbits; Social Media & Fundraising; Economy & Finance; and Potpourri.
Weekly Must-Reads: May 16
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A list of great articles from around the web that I posted to Twitter from May 2 – May 15, 2010. This week’s topics include: Strategy & Governance; Social Media & Internet >> Fundraising; Social Media & Internet >> Recreation; Israel; Banking & Economy; and Potpourri.