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Read need-to-know updates, commentary, and analysis on Nonprofits issues written by leading professionals.

Other North Carolina Alcohol Bills

by Williams Mullen on

In addition to the ABC Omnibus Legislation, and the Economic Growth for NC Distilleries / “Brunch Bill,” other alcohol-related bills being considered by the North Carolina General Assembly during the 2017 long session are as...more

Ole Miss Substantially Prevails in Tax Court Case over Taxability of Coach Appearances

by Butler Snow LLP on

Tax exempt organizations must report and pay tax on their “unrelated business income.” Butler Snow recently represented The University of Mississippi (“UM”) in a federal income tax dispute in the United States Tax Court...more

Contributions of Art: Elements of a “Boring” Charitable Contribution Deduction

by M. Robinson & Company, P.C. on

This article highlights some of the more critical income tax issues that taxpayers and their advisors must address when claiming the charitable contribution deduction for the gift of art to art museums. This article does not...more

NFL Gives Up Tax-Exempt Status

Earlier this year, I posted about the possibility that the NFL may lose its tax exempt status. The NFL has decided instead to give up its tax-exempt status. It has been estimated that the tax-exempt status only saved the...more

Recent Developments and Trends for Exempt Organizations

by Ropes & Gray LLP on

Recent months have been eventful for exempt organizations and their advisors. While fundamental tax reform remains a possibility, with a number of proposals on the table that would significantly change the rules for exempt...more

Move Over Vanna White, Here Comes Marion Barry’s Kidney

by Weintraub Tobin on

In 2008, former Mayor of Washington, D.C., and then council member Marion Barry became ill with a kidney disease. To survive the illness, Mr. Barry required a kidney transplant, and one of his friends, Ms. Kim Dickens, came...more

NFL At Risk Of Losing Non-Profit Status?

A recent proposal by U.S. Congressman Jason Chaffetz, the Chairman of the Committee on Oversight and Government Reform, would eliminate the tax-exemption under Internal Revenue Code section 501(c)(6) for professional sports...more

Trends, Pitfalls and Opportunities in Celebrity Philanthropy

by Stinson Leonard Street on

Athletes and celebrities have a long and storied track record with charitable causes. A celebrity can turn an otherwise unknown cause into a charitable powerhouse simply by lending a high profile name and likeness. Today,...more

Read this before you co-sponsor a sweepstakes or contest

by Thompson Coburn LLP on

Quite often a company will see an opportunity to team with another company to create a sweepstakes or contest that will benefit both of them individually. For example, a manufacturer of insect repellent and the owner of a...more

Charities and nonprofits: Don't roll the dice with gambling laws

by Thompson Coburn LLP on

Are you involved with a charity or nonprofit that raises money by selling raffle tickets or holds poker tournaments or casino nights to fund operations? Although your charity or nonprofit may be using the proceeds to fund...more

Recent Developments and Trends for Exempt Organizations

by Ropes & Gray LLP on

2013 was something of a lost year for the Exempt Organizations (EO) Division of the IRS. In the spring, the Division was embroiled in a controversy involving the targeting of conservative advocacy groups that led to the...more

Advanced Estate and Tax Planning for Art and Other Fine Collections

by InKnowVision on

A composite of studies of trust and estate attorneys, trust officers, and financial planners revealed that: • Fewer than 10% of plans for their clients addressed art, antiques, and collectibles • Fewer than 10% used art...more

Charity vaunteth not itself: the new corporate charity in the UK

by Chris Robinson on

A new form of corporate entity in the UK will be the Charitable Incorporated Organisation or CIO, likely to become the entity of choice for charities....more

You'll Be Saww-wwwy: The Unauthorized Use of Photos

by Erin McClarty on

Considerations non-profits should take into consideration when using photographs. ...more

Oregon Law Practice Management: How to Get the Most Out of Using a Contract Attorney

by Beverly Michaelis on

How to get the best results from using a contract attorney; how to provide contract attorney services without running afoul of your professional liability coverage....more

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