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 the report, but I will. And here’s why I think you should too:
My list of the great articles that I have read from April 25 – May 2, 2010. This week’s topics include: Governance & Strategy; Social Media & Internet -> Fundraising; Social Media & Internet -> How-To Tips; Potpourri.
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.
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 causes consider a “Friends of” organization as a crucial step in their fundraising strategy.
Hence, recent conversations I have had are causing me to worry.
A list of the essential articles I posted to Twitter from February 15 – February 21, 2010. This week’s topics include: Nonprofit Strategy & Governance; Internet, Social Media & Fundraising; Jewish Nonprofits; Israel Economics; and Potpourri.
A list of the essential articles I posted to Twitter from February 7 – 14, 2010. This week’s topics include: Nonprofit Strategy & Governance; Social Media & Fundraising; Jewish Nonprofit News & Insights; and Potpourri.
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.
Even before the dust settles in the States, Israel and her charities will already start to feel the effects from last week’s scandal.