Nonprofit Law Matters

Monthly Archives: March 2013

IRS Sends Compliance Check Questionnaire to More Than 1,300 “Self-declared” 501(c)(4), (c)(5), and (c)(6) Organizations

Posted in Formation & Tax Exempt Status, Tax Treatment of Lobbying & Political Activities, Unions, Associations, Clubs & Other Tax-Exempt Organizations

As part of a compliance check initiative, this week the IRS sent out letters to more than 1,300 section 501(c)(4), (c)(5), and (c)(6) “self-declared” exempt organizations, requesting the completion of a nine-page online questionnaire (Form 14449) regarding their activities, revenue, and expenditures.  Unlike section 501(c)(3) charitable organizations, which are required to obtain an IRS determination of… Continue Reading

Foreign Public Charity Equivalence Repository Launched by Council on Foundations and TechSoup

Posted in Grantmaking & Social Investing, Private Foundations, Public Charities

In the wake of new private foundation regulations, I had previously written about the concept of foreign public charity equivalence repositories.  Our client TechSoup announced yesterday that their repository, built in collaboration with Council on Foundations, is now up and running. It is always exciting to see a client’s hard work come to fruition.

New Payout Requirements for Non-functionally Integrated Type III Supporting Organizations: Comment Period for Proposed Regulations Closes March 28, 2013

Posted in Formation & Tax Exempt Status, Nonprofit Structures, Relationships & Transactions, Public Charities

On December 28, 2012, the Treasury Department issued final, temporary, and proposed regulations regarding Type III supporting organizations (“Type III SOs”), effective that day.  The final and temporary regulations, including the substantial preamble, are here.  The temporary and proposed portions of the new regulations, available here, address the calculation of the annual payout requirement for… Continue Reading