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Proposed Restrictions on Foreign Grantmaking by U.S. Tax-Exempt Organizations

Executive Summary - On May 15, 2024, the House Ways and Means Committee (the “Committee”) approved a package of Bills that would increase scrutiny on U.S. tax-exempt organizations’ foreign grantmaking activities if passed....more

Spring Cleaning for your Nonprofit: Dusting Off Your Articles, Bylaws, and Form 1023

Every nonprofit is unique, with its own mission, structure, and history. At the same time, they share certain common characteristics – core governing documents, Form 1023, and an IRS determination letter, to name just a few....more

Using Endowed Funds in a Crisis: Key Considerations

It goes without saying that we are living in uncertain times and are experiencing events that are reshaping our lives in ways that many of us believed only to exist in science fiction books and movies. Nevertheless, while we...more

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