Nonprofit Law Matters

Susan Dawson

Posts by Susan Dawson

Date of Gift Rules for Charitable Contributions

Posted in Charitable Gift Planning, Private Foundations, Public Charities

The end of the year is nigh, and timing is crucial to determining the year of a donor’s income tax deduction, the value of a donor’s fluctuating asset, and the characterization of the donor’s asset as short-term or long-term.  In general, a gift is complete when the donor relinquishes control over the asset and delivers… Continue Reading

Be Judicious If Your Name Is Fictitious: Tips for Nonprofits Using DBAs

Posted in Charitable Gift Planning, Private Foundations, Public Charities, Unions, Associations, Clubs & Other Tax-Exempt Organizations

“Names are not always what they seem.  The common Welsh name BZJXXLLWCP is pronounced Jackson.”  — Samuel Clemens (“dba” Mark Twain) Nonprofits use alternate names for many reasons, from making a name shorter to representing a particular project.  A nonprofit considering a name change can either legally change its name by amending its articles of… Continue Reading