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 »
...Those Israeli nonprofits that choose the second option of a Conduit (also referred to as an Intermediary or Fiscal Agent) are in luck, as recent years have seen an quasi-explosion in the number of American charities that offer Conduit services. This being the case, foreign organizations have luxury and liberty -- and some...Read more »
Tags: Charity, Conduit, Fiscal Agent, Friends of, Intermediary, International, Israel, Middleman, Overseas, United States
Posted in Fundraising | 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 »
A list of the essential articles that I posted to Twitter from April 11 - April 24, 2010. This week's topics include: Strategy & Governance; IRS Trends; Social Media & Fundraising; Jewish Nonprofits; Israel Economy & Finance; and Potpourri.Read more »
Tags: B2B, Bucket, Cure, Facebook, Foundation, Friends of, Fundraising, I.R.S., Jewish, Jewish Funders Network, Kentucky Fried Chicken, Komen, LinkedIn, Marketing, Nonprofit, Social Media, Strategy, Trend, Twitter
Posted in Weekly Roundup | 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 »
But, alas, in Israel the answer is no...kind of. Cryptic, but true. That is to say that in my experience as a banker, I have both ordered credit cards for charities that wanted them and canceled credit cards for charities that were told it was "illegal" to have them.Read more »
Tags: American Friends, Charity, Credit Card, Friends of, Israel Terminology, Israeli Registrar of Charities, Khok Ha'amutot, Nihul Takin, Rasham Ha'amutot
Posted in Israel Banking, Israel Regulations | 1 Comment »
