Nonprofit News Roundup – January 2013

Posted by Kathy Zarate on Jan 29, 2013 in 501(c)(3), Charitable Giving, Nonprofit News

A Roundup of Key Stories Relating to the Nonprofit Sector

*Baby Boomers and Charitable Donations (New York Times) Why Am I a Challenge for Charities?

* Social Media & Risk Management Lessons in Utilizing Social Media to Handle a Scandal (Chronicle of Philanthropy)

*Nonprofit Management Similarities Between Starting a Nonprofit and For-Profit (Wall Street Journal)

*Nonprofits & Disaster Relief Some Lessons From the Nonprofit In Terms of Disaster Relief (Nonprofit Quarterly) How to Do Disaster Relief Right

*How Mobile Devices Can Lead to Impulse Giving (Nonprofit Times) Study: Mobile Devices Facilitate Impulse Giving

Year-End Giving: How Do Charitable Donations Affect My Taxes?

Posted by Mollie Cullinane on Dec 17, 2012 in 501(c)(3), Charitable Giving, Nonprofit Law Basics, Taxes

How do charitable donations affect my taxes?
After researching a charitable organization and deciding where to give your money, you should also consider how the charitable donation will affect your taxes. Charitable donations are a popular tax write-off, but make sure you understand what can be deducted and how to properly assess the value of your donation.

Year-End Giving: Can I Deduct the Value of My Volunteer Service?

Posted by Mollie Cullinane on Dec 17, 2012 in Charitable Giving, IRS, Taxes

Can I receive a tax deduction for my volunteer service to a nonprofit organization?
The IRS will not allow individuals to deduct the value of their volunteer service on their individual income tax returns…

Year-End Giving: A Donor’s Checklist

Posted by Mollie Cullinane on Dec 12, 2012 in 501(c)(3), Charitable Giving, Nonprofit Law Basics, Taxes

A Donor’s Checklist: What to Consider Before You Donate
December is the most popular month to donate. Before sending a donation, you should perform some research to learn more about the charity to see where your money goes.

IRS Offers Guidance for Disaster Relief for Victims of Hurricane Sandy

Posted by Mollie Cullinane on Nov 8, 2012 in 501(c)(3), Charitable Giving, Formation, IRS

The Internal Revenue Service has issued several bulletins that relate to charitable efforts to assist victims of Hurricane Sandy. 1. Expedited Review of Tax-Exempt Applications As part of its efforts to support people affected by Hurricane Sandy,...

Fundraising: Should My Nonprofit Utilize Crowd Funding Sites?

Posted by Kathy Zarate on Apr 27, 2012 in Charitable Giving, Fundraising

What should my nonprofit know about crowd funding sites?
Even as the economy slowly improves, raising money for your nonprofit can still be a challenge. Your nonprofit may want to explore some newer funding options. We have already discussed Fast Pitch competitions as one opportunity to raise funds in a quick manner. Other options are available that rely on gaining support online such as Kickstarter and IndieGoGo. Both of these options rely on users capitalizing on social media to generate interest in their projects.