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The rise of predictive analytics, mobilizing donors of color, cryptocurrency, the so-called culture wars, declines in household giving, and questioning the use of Facebook are but a half-dozen of the topics tackled in  “11 Trends in Philanthropy.” The Dorothy A. Johnson Center for Philanthropy at Grand Valley State University released its sixth annual report highlighting issues facing the nation’s nonprofits in 2022. The Johnson Center…

Barely six months after the nation’s highest court ruled on a donor disclosure case, New York State Attorney General’s Office has proposed regulations that would require nonprofits to submit a redacted Schedule B as part of their annual filings with state charity regulators. Under the proposed rule, published in the New York State Register, public charities required to make annual filings of the CHAR500 form…

A bill within the California Senate would authorize suspension of the tax-exempt status of any nonprofit that “[p]romotes, engages in, commits to, supports, or aids insurrection against the United States or any state in the Union, at any time, past or present.” The bill, SB 834, would similarly authorize suspension of tax-exempt status to any nonprofit that “[P]romotes, engages in, commits to, supports, or aids…

Organizations seeking tax-exempt status will have to file applications electronically starting this year. The Internal Revenue Service (IRS) announced Jan. 3 that Form 1024 applications must be submitted electronically, with a 90-day grace period that will allow acceptance of paper versions of the form and letter applications. “Electronic filing makes it easier to complete an application for tax-exempt status while reducing errors,” IRS Tax Exempt…

Missionaries of Charity (MoC), founded by Mother Teresa, is again permitted to fundraise outside India after briefly having its authority to do so yanked by the Indian government. The license renewal is good through 2026. Mother Teresa’s charity had been among a number of non-government organizations working in India blocked from receiving foreign funds. The charity is now able to receive and use funds from…

Regardless of a nonprofit’s mission, most come down to the simple idea of leaving the world a better place than they found it. Endowments can help organizations when it comes to sustainability — the ability to carry out activities that will achieve an organization’s mission while also developing and maintaining its capacity for mission relevance into the future. But not every organization has an endowment.…

Regardless of what mission a nonprofit organization might have, most come down to the simple idea of leaving the world a better place than they found it. Endowments can help organizations when it comes to sustainability — the ability to carry out activities that will achieve an organization’s mission while also developing and maintaining its capacity for mission relevance into the future. But not every…

More than 200 Maryland nonprofits have banded together to request at least $1 billion of a projected budget surplus be distributed to the state’s nonprofit community. At an early December press conference, representatives from several organizations presented their rationales. Arguments ranged from increased demand for services during the pandemic to enhanced strain on nonprofit workers to the idea that nonprofit work is still work and…

“Knowledge is knowing a tomato is a fruit; wisdom is not putting it in a fruit salad.” The same could be said for living hand to mouth, whether that’s running a household or running a nonprofit. Ben Aase and Keven Truhler, principals with the Sage Intacct Practice at CLA (CliftonLarsonAllen), offered up policy and practical considerations when it comes to reserves during a session titled…

Ministries and churches less than 10 years old saw double-digit growth the past two years and their annualized growth during the past five years is 12.8%. During 2020, members of the ECFA (Evangelical Council for Financial Accountability) received 3.4% more cash giving than in 2019. According to data from Winchester, Va.-based ECFA in its new report, churches held almost even in their cash when 2020…

More leaders at nonprofits with 403(b) retirement plans are prioritizing retirement income options in 2022, with the number of plan sponsors citing guaranteed income as a top priority more than doubling since last year, according to a recent survey. A new Plan Sponsor Council of America (PSCA) survey, sponsored by Principal Financial Group, included responses from 139 nonprofits in October. Top priorities for plan sponsors…

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