Charities increasingly receive inquiries from donors regarding the entity’s willingness to accept cryptocurrency (“crypto”) donations. In the wake of the pandemic, charities should consider ways to diversify fundraising...more
The COVID-19 pandemic has impacted almost every business and nonprofit organization. Many experts have written about how nonprofits can handle fundraising during the crisis, suggesting increasing donor engagement, staying the...more
For organizations that operate on a calendar-year basis, this includes the 2019 Form 990 they would have normally filed on May 15. The upcoming July 15 deadline applies to many forms that were originally due May 15,...more
Nonprofit organizations with traditional reliance on event fundraising are now in a position to solicit donors in an alternate manner because of the COVID-19 pandemic. It is an opportune time to launch formal annual and...more
4/28/2020
/ CARES Act ,
Charitable Donations ,
Donor-Advised Funds (DAFs) ,
Endowment Funds ,
Life Estates ,
Life Insurance ,
Qualified Charitable Distributions ,
Retirement Funds ,
SECURE Act ,
Tax Incentives ,
Trusts
On March 27, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act"). The CARES Act benefits nonprofit organizations. The below summary contains highlights of several applicable...more
4/2/2020
/ CARES Act ,
Charitable Donations ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Educational Institutions ,
Employee Retention ,
Financial Stimulus ,
Loan Forgiveness ,
Loans ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Relief Measures ,
Tax Credits
501(c)(3) Nonprofit Organizations Update: CARES Act and Importance of Developing Comprehensive Charitable Giving Opportunities During COVID-19 Pandemic
On March 27, President Trump signed into law the Coronavirus Aid,...more
The coronavirus, also known as COVID-19, will impact how nonprofit organizations deliver mission-based services for the foreseeable future. Below are some action steps nonprofit executives, leaders and board members can take...more
You are ready to join a nonprofit board so you can help support the good work that it does. Do you know the risks associated with serving in this important role?
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