Nonprofit Political Activities: Lois Lerner
Final investigations by the Treasury Inspector General for Tax Administration and the Senate Finance Committee both concluded that the initial assessments of political targeting by the IRS were, in fact,…
IRS
Some Suggestions for Improving the Form 990
Each year, tax-exempt, nonprofit organizations and foundations are required to file returns with the Internal Revenue Service (IRS). Most of these groups file Form 990, while § 501(c)(3) private foundations…
Foundations Should Disclose Investments and De-Politicize Giving
An increasing number of private foundations are inserting sociopolitical considerations into their investment portfolios, just as many already do in their grantmaking. Those that choose to do so should be…
Black Lives Matter Is Lacking Accountability
Scott Walter discusses the Black Lives Matter Global Network Foundation (BLMGNF) as reports began circulating that BLMGNF had transferred millions to a Canadian charity to purchase a $6 million mansion…
“Private Rights of Action” Against Violations of Charitable Law?
The new Texas law’s provision allowing private parties to file lawsuits against abortion providers who violate the law has given rise to questions about whether similar provisions might spread elsewhere, and to…
“Intermediate Sanctions” Against Abuses of Tax Exemption, 25 Years After Their Enactment
A little more than 25 years ago, on July 30, 1996, President Bill Clinton signed into law what was called the Taxpayer Bill of Rights. The law included new “intermediate…
A Conversation with EO Tax Journal Editor Paul Streckfus (Part 1 of 2)
Paul Streckfus is editor of the EO Tax Journal, a daily e-mail update of information, with commentary and analysis, for practitioners and scholars of exempt organizations (EO) tax law. It is thus…
A Conversation with EO Tax Journal Editor Paul Streckfus (Part 2 of 2)
Paul Streckfus is editor of the EO Tax Journal, a daily e-mail update of information, with commentary and analysis, for practitioners and scholars of exempt organizations (EO) tax law. It is thus…
Inside Fiscal Sponsorships: A Way to Start Nonprofits
In his celebrated book Democracy in America (1848), the French observer of the mid-19th century United States, Alexis de Tocqueville, praises Americans' aptitude for what he calls “the art of joining” with…
Inside Fiscal Sponsorships: Incubation and the Tides Center
The above definitions emphasize fiscal sponsorship as a grassroots, community-level, activity. A different view of the concept comes into focus if one takes a top-down view of it, particularly considering…