I was dismayed when I heard that some American (and European) Foundations are requiring amutot to have the Se'if 46a status, which declares donations to a charity to be tax-deductible. This latest phenomenon demonstrates a lack of understanding of the intricacies of international nonprofit regulations and makes it harder for worthy...Read more »
The Hebrew word amutah, referring to a charity in Israel, is used both correctly and incorrectly to describe just about any nonprofit organization registered in the country. But wait, it get's more confusing. Not all charities are charities, sometimes they're companies. And sometimes a charity isn't tax-exempt while a company might...Read more »
![Defining a Chevrah LeTo’elet Hatzibur [Public Benefit Company]](http://nonprofitbanker.com/wp-content/uploads/factory_smoke.jpg?w=150)
"What do you mean that Israeli charities can be registered as companies?" That was the question someone asked me last year that that had me thinking to myself, yet again, that charity legal/tax structure is a language onto itself and should require its own Ulpan. And so, I shall now endeavor to explain the somewhat contradictory...Read more »
