Donors interested in supporting long-term charitable goals and mission here in Colorado could get a boost, in the form of…
READ MOREFundraising, Charitable Giving and Grantmaking
President’s Proposed Budget a Mixed Bag for Exempt Organizations
President Obama recently released his proposed budget for 2017, which contains several important tax changes for exempt organizations in key…
READ MOREProposed Regulations Focus on ‘Political Subdivision’ Definition
Private foundations that make grants are generally very familiar with the expenditure responsibility rules, which require a heightened level of…
READ MORE2015 Charitable Solicitations Report Can Aid Donors and Charities
The Colorado Secretary of State’s Office recently released its Annual Report on Charitable Solicitations in Colorado. The report summarizes the…
READ MOREIRS Pulls Alternative Substantiation Method Proposed Regulations
Amid a furor over privacy concerns, the IRS has pulled its proposed regulations under Section 170(f)(8)(D) that provided an alternative…
READ MORECongress Gives the Gift of Permanent Charitable Tax Incentives
Last week, Congress extended certain provisions related to charitable giving on a permanent basis, ending in part the piecemeal year-by-year…
READ MORETis The Season For Contemporaneous Written Acknowledgements
The IRS issued an unusual email clarification this week in order to reassure charitable organizations that they are not required…
READ MOREFacebook Piloting New Fundraising Features
Facebook recently announced a new pilot program that will allow users to make—and charitable organizations to accept—donations via the Facebook…
READ MOREIRS Clarifies Donee Reporting Option for Deductible Contributions
The IRS has issued proposed regulations that would implement the statutory exception to the “contemporaneous written acknowledgement” requirement for substantiating charitable…
READ MOREIRS Finalizes Regulations on Foreign Grant-making by Private Foundations
This week, the IRS finalized regulations that simplify the process of private foundation grants to foreign non-governmental organizations. The regulations…
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