"Why or why not should one be incorporated?" is the question American lawyer Don Kramer asked in his Weekly E-Newsletter back in 2010.
For Mr. Kramer, the question is a legal one. The pros and cons that he outlines deal with personal liability and procedural/substantive questions. His fantastically succinct answer refers to state statute...Read more »
Tags: Banking, Incorporation, International, Regulations
Posted in Israel Banking, Regulations | No Comments »
The fiscal requirements of an American charity have become more complicated in recent years. Increased scrutiny from the IRS, more intricate tax documentation, the recent economic crisis, and donors' need for transparency, are just a few of the challenges facing the sector. When a charity operates internationally these difficulties are only exacerbated. These global...Read more »
Tags: Banking, Best Practices, Friends of, I.R.S., Israel, Methods of Payment, United States, Working Internationally
Posted in Banking, Best Practices | No Comments »
Links to the great articles that I have reviewed and posted to Twitter between December 1 - December 12. This week's Nonprofit topics include: U.S. Tax & Law • Israeli & Jewish Nonprofits • Strategy & Governance • Marketing & Fundraising • Potpourri.Read more »
Tags: Banking, Fundraising, Governance, Israel, Jewish, Law, Marketing, Strategy, Tax, United States, Weekly Roundup
Posted in Weekly Roundup | No Comments »
Guest Post: Recently, within a matter of months, I opened and then proceeded to close a amutah here in Israel. I wanted to open up a seminary and, with the advisement of experts in the field, decided it would be best for the...Read more »
Tags: Amutah, Banking, Budgeting, Case Study, Closing, Fiscal Sponsor, Israel Terminology, Nonprofit, Opening
Posted in Best Practices, Case Studies | 1 Comment »
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.Read more »
Tags: Airforce, Banking, Branding, Diaspora, Environmental Defense Fund, Facebook, Fundraising, Guidelines, I.R.S., Israel Terminology, Koret, Nonprofit, Philanthropy, Social Media, The Oatmeal, Trends
Posted in Weekly Roundup | 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 »
Even before the dust settles in the States, Israel and her charities will already start to feel the effects from last week's scandal.Read more »
Tags: American Friends, Amutah, Banking, Charity, Department of Treasury, I.R.S., Israel Terminology, Israeli Registrar of Charities, Money Changer, New Jersey, Nonprofit, Police, Rasham Ha'amutot, U.S. Terminology
Posted in Best Practices, Israel Banking, Israel Regulations | 1 Comment »
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 »
In a previous post, I mentioned that a loan and a line of credit serve the same purpose. While that may be true in a broad sense, they actually can be quite different. Hence, the different names. The bank will look at both types of credit the same way, evaluating the...Read more »
Tags: Banking, bridge loan, Fees, Interest, Line of Credit, Loan, Nonprofit
Posted in Banking, Israel Banking | No Comments »
