With such as significant portion of donations to Israel’s charities coming from the United States, changes in American legislation can have a profound impact on Israeli nonprofit organizations.
For this reason, I happily agreed to co-host (along with Charlie Kalech of J-Town Productions) Laura Solomon, an attorney based in Philadelphia who specializes in nonprofits. ...Read more »
Tags: Amuta, Fundraising, Israel, Regsitration, Regulations, Solicitation, State, United States
Posted in U.S. Regulations | No Comments »
This renewed focus may make Israeli charities that get funding from the US a little jittery – particularly following the IRS’s release of two private letter rulings (2010 and 2012) that denied exemption to new organizations seeking exemption for American charities that planned to do fundraising for Israeli charities. In any case, it should...Read more »
Tags: Charity, Friends of, I.R.S., International, Israel, Regulations, United States
Posted in U.S. Regulations | No Comments »
A charitable foundation’s worst fear is that its grant will be used for non-charitable purposes. The U.S. Internal Revenue Service (IRS) stresses that this risk increases drastically when dealing with foreign grant making and expenditures. The U.S. Department of the Treasury released its third and final version of its “Anti-Terrorist Financing Guidelines: Voluntary Best...Read more »
Tags: Board of Directors, Charity, Due Dilligence, Handbook on counter-Terrorism Measures, I.R.S., International, Philanthropy, Principles of International Philanthropy, U.S. Terminology, Voluntary Best Practices
Posted in U.S. Regulations | 2 Comments »
A recent New York Times' article attacked American charities that help build communities in Israel's West Bank and IRS policy that enables donations to these organizations to be tax-deductable. As with any piece about the Palestinian-Israeli conflict, many people have been quick to attack or defend the veracity of the article.
To nonprofit...Read more »
Tags: Charity, David Billet, International, Israel Terminology, New York Times, Philanthropy, Regulation, Settlements, Tax-Deductable, Tax-Exempt, Trends, U.S. Terminology, West Bank
Posted in U.S. Banking, U.S. Regulations | No Comments »
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.Read more »
Tags: 501(c)3, 501(h), Abroad, Advocacy, Charity, Control, D.H.S., Department of Homeland Security, I.R.S., International, Lobbying, Philanthropy, Scrutiny, Tax-Exempt, Terrorism, U.S. Terminology
Posted in U.S. Regulations | No Comments »
Too many times the IRS has hinted at the direction to which it is heading, with people taking little notice. Well, in quiet screams, the IRS is doing it again, with the release of their interim report: "IRS Exempt Organizations - Colleges and Universities Compliance Project."
I preface that I have not yet read...Read more »
Tags: 2010, College, Compliance, I.R.S., May, Nonprofit, Regulation, Report, Tax-Exempt, University
Posted in U.S. Regulations | No Comments »
International organizations have been highly successful in raising funds from the United States through U.S. based charities commonly referred to as “Friends of” organizations. These charities are registered in the States and have 501(c)3 tax-exempt status and, thus, allowing these donations to these essentially foreign organizations to be tax-deductible.
As you can imagine, many international...Read more »
Tags: 501(c)3, Barak Obama, Charity, Friends of, Global, I.R.S., International, Israel Terminology, Jewish, Nissan Limor, Nonprofit, Tax-Deductable, Tax-Exempt, Terrorism, U.S. Terminology
Posted in Fundraising, U.S. Banking, U.S. Regulations | No Comments »
The arrests of 44 individuals 3 mayors, 5 respected community rabbis, a score of government officials, and others on Thursday of last week (July 23) should highlight the dangers of organizations donating to international causes; and I guarantee you, the I.R.S. is having similar thoughts.Read more »
Tags: 501(c)3, American Friends, Banking, Barak Obama, Central Fund, Charity, Department of Treasury, FJC, Government Support, Guidelines, I.R.S., Israel Terminology, New Jersey, Nonprofit, One Israel Fund, Patriot Act, PEF, U.S. Terminology, Voluntary Best Practices
Posted in Best Practices, U.S. Banking, U.S. Regulations | 4 Comments »
Last week (July 23) in New Jersey, an undercover police operation revealed a rainbow of criminal dealings. The implications of the scandal vis-à-vis charities are too vast and far-reaching to be dealt with in one post. Over the next day or two I will address the pertinent issues. Questions and comments are...Read more »
Tags: Banking, Israel Terminology, Jerusalem Post, Money Laundering, New Jersey, New York Times, Parliament, Police, Scandal, U.S. Terminology
Posted in Best Practices, U.S. Regulations | No Comments »
