Nonprofit Records Retention Policies
Whether your organization is creating or updating its records retention policy, make sure you know how long to keep dozens of different documents, plus learn tips for creating an effective policy.
Fiscal Year 2025 Budget Proposal Contains Items Affecting Exempt Organizations
The Biden administration's budget proposal includes items affecting donor advised funds and private foundations.
Uncovering Unclaimed Property: A Comprehensive Guide
Over $70 billion in unclaimed property is held by states across the U.S., affecting one in seven Americans, according to NAUPA. Individuals, businesses, and nonprofits can reclaim these assets, ranging from uncashed paychecks to dormant accounts, by searching the NAUPA website or state-specific unclaimed property databases.
IRS Issues Proposed Regulations on Donor Advised Funds
The IRS has proposed new regulations for Donor Advised Funds (DAFs), impacting how they are defined and managed. These regulations clarify the roles of donors and donor-advisors, introducing specific criteria for identifying DAFs and broadening the scope of liability for taxable distributions.
IRS Announces Temporary E-Filing Delay for Forms 990-T and 1120-POL
Learn about the temporary e-filing delay for Forms 990-T and 1120-POL until March 17, 2024 which impacts returns with due dates falling between January 15, 2024, and March 15, 2024.
Donor-advised Funds: A Critical Vehicle for Fundraising
Learn how donor-advised funds have become a critical vehicle for fundraising, with projected assets of over $1 trillion by 2029.
The Key Functions of Your Nonprofit Board
Nonprofit board service can be as exhausting as it is rewarding. Whether you are on a board yourself, thinking about joining a board, or seeking to improve the one you sit on, here are three things that high-functioning nonprofit boards get right.
Charitable Giving With the New Legacy IRA
New Legacy IRA rules mean that charitable gift annuities are even more valuable as part of a larger tax strategy, especially for taxpayers who want to fulfill philanthropic goals and/or minimize Medicare premiums.
Nonprofits Need to Study Affluent Donors and Giving Trends
Smaller donations and gifts from lower-income donors have consistently dropped. This is why analyzing the giving trends of more affluent donors is critical for nonprofits.
Quarterly Nonprofit Update: Fall 2023
A third quarter not-for-profit industry update sees revenue growth and new opportunities in some segments, like museums, parks, and zoos, and challenges for membership and religious organizations. Resilience and innovation are key to navigating a changing nonprofit landscape.