To be deductible, charitable contributions must be made to qualified organizations. Qualified organizations include, but are not limited to, federal, state, and local governments and organizations organized and operated only for charitable...
This post was originally published here (Urban Wire) In a recent discussion of President Trump’s proposed tax plan Treasury Secretary Steve Mnuchin and National Economic Council Director Gary Cohn guaranteed that the charitable deduction would...
This post was originally published here (Center on Nonprofits and Philanthropy) Incentivizing and rewarding donations to charitable organizations is a commonly pursued policy goal. To this end, charitable donations receive favored treatment in the...
If you are interested in starting a nonprofit or have general questions on nonprofit law you have come to the right place! The questions that follow will help you determine if an organization is eligible to apply for recognition of exemption from...
A great deal of unnecessary mystery surrounds the process of philanthropy (a fancy word for “giving away money”). Dozens of books, articles, and sociological studies have analyzed the typical donor, trying to understand the philanthropic...