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 »
When grants or gifts cannot be made directly to a recipient (individual or organization) many times Fiscal Agents are used. These Intermediate charities are commonly referred to as Conduit Organizations because they are not the intended final recipient, rather just a pass-through.
With the right due diligence, control, and by-laws, this type of seemingly-indirect charity...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 »
"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 »
Obtaining government funding seems to be every nonprofit's goal, at least in Israel. I have heard countless lecturers, founders, and foundation representatives preach the Darwinian virtues of incorporating government grants into an Israeli charity's fundraising strategy; after all, the nonprofit is servicing the Israeli public. It is to the Government's benefit – if not...Read more »