Qualified Disaster Relief Through Charitable Organizations
Public charities, private foundations, and donor advised funds can provide qualified disaster relief assistance to victims of qualified disasters, including individuals and small businesses.
Most NIL Collectives Ineligible for Tax-Exempt Status
The IRS has issued a key memorandum concluding that most NIL collectives do not qualify for tax-exempt status. Learn more about the implications for universities, collectives, and the future of NIL programs.
Nonprofits Need to Cultivate a New Type of Workforce
Nonprofits need to cultivate a new type of workforce by adopting a more operational mindset and investing in technology, which will attract top talent
Podcast | Executive Benefits for Nonprofits
Jonny Rosch, Partner and CPA from PBMares, explores how executive benefits can be a powerful retention strategy for nonprofit organizations.
Four Smart Alternatives to Starting a Nonprofit
Starting a nonprofit isn’t the only way to make an impact. Four effective alternatives include partnering with an existing organization, using fiscal sponsorship, creating a donor-advised fund (DAF), and establishing a social enterprise. Each option offers unique benefits and provides greater flexibility in achieving philanthropic goals.
How Nonprofits Can Navigate Digital Transformation
Nonprofits that learn how to navigate digital transformation are better positioned to thrive. But the unique constraints on nonprofits necessitate a different approach to digital transformation.
Best Practices for Tracking Board Minutes for Nonprofit and For-Profit Organizations
The fundamental purpose of board minutes is similar across different types of organizations; however, there are nuances that differentiate how for-profit and nonprofit boards approach their creation and maintenance. Understand these differences and the best practices that can significantly enhance the organizational governance and integrity.
Treasury and IRS Achievements and Priorities for Exempt Organizations
IRS and Treasury made progress on exempt organization guidance projects identified in the 2023-2024 Priority Guidance Plan.
Guide to Starting an Endowment for Smaller Nonprofits
Despite popular misconceptions, small and mid-size nonprofits can establish endowments – for as little as $100. Here’s a guide to setting up an endowment for organizations that aren’t sure they can manage it.
Case Study: Non-Profit Foundation Gets Value Beyond the Initial Scope of the Project by Outsourcing the Controller Function
Learn more about outsourcing all or part of your accounting or finance function.