Data Privacy and Protection Laws: Wading into the Alphabet Soup
By Corinne Gartner and Kaitlyn Saberin If you follow the news at all, you’ll be aware that data privacy and protection are hot topics. The daily headlines might catch your eye on a personal level, and have you wondering how the businesses that you interact with as a consumer are handling your personal information. Should […]
Is corporate sponsorship income taxable or a charitable contribution?
The IRS will look at the payment made to a nonprofit by a corporate sponsor and decide whether the payment is a tax-free gift (charitable contribution) or a taxable advertising payment. The IRS focuses on whether the corporate sponsor has any expectation that it will receive a “substantial return benefit” for its payment. If so, the payment will […]
Model Document Retention Policy
Read this example from Blue Avocado here.
CalGold
Business license and permit requirements vary. Use this helpful database to determine requirements for your specific area. Search nonprofit under business type. CalGold
Governance Policies and Procedures Samples
Developed by group of California based lawyers, the Form 990 Policy Series offers sample policies on a variety of topics including compensation, conflict of interest, investment and more. They include a discussion of why various provisions might be used by a particular type or size of organization. Topics include compensation, conflict of interest, investment and […]
Dissolving a Nonprofit Organization
Most tax-exempt organizations that end their operations, either through shutting down, transferring their assets or merging with another tax-exempt organization, must inform the IRS about the details of the action. In California, organizations must also inform the Attorney General’s Office and the Secretary of State. Attorney General’s Office General Guide for Dissolving a CA Nonprofit […]
StayExempt
The IRS recently launched a new look and improved navigation for its educational website for exempt organizations, StayExempt. The redesigned home page greets visitors with three easy gateways to the information they’re looking for. A “New Organizations” tab leads to information on how to apply for tax exemption as well as a shortcut to the valuable […]
California Attorney Generals Office
The Attorney General regulates charities and the professional fundraisers who solicit on their behalf.The purpose of this oversight is to protect charitable assets for their intended use and ensure that the charitable donations contributed by Californians are not misapplied and squandered through fraud or other means. The main elements of the Attorney General´s regulatory program […]
Sales and Use Tax Requirements for California Nonprofits
Yes, nonprofits do have to occasionally pay taxes. The Tax Guide for Nonprofit Organizations will answer your questions about California state taxes that nonprofits must pay.
State Charitable Solicitation Statutes
Thirty-nine states and the District of Columbia have charitable solicitation statutes that generally require nonprofits soliciting contributions and, in most cases, their for-profit fundraising professionals to register prior to soliciting contributions or providing fundraising counsel services. It is critical for nonprofits and their fundraising professionals to know about, and be in compliance with, these statutes […]
