In a case that has been closely watched by the charitable sector, on June 3, 2024, the U.S. Court of Appeals for the 11th Circuit issued a decision blocking a race-based grant program that provided funds and mentorship to...more
6/7/2024
/ Civil Rights Act ,
Contests & Promotions ,
Discrimination ,
First Amendment ,
Gifts ,
Grants ,
Mentors ,
Minority-Owned Businesses ,
Philanthropy ,
Private Foundations ,
Standing ,
Title VI ,
Women-Owned Businesses
Perhaps now more than ever, colleges and universities are undertaking or rejuvenating diversity, equity, and inclusion (DEI) initiatives across their organizations, and many donors are motivated to support such initiatives,...more
2/3/2022
/ Certiorari ,
Colleges ,
Diversity and Inclusion Standards (D&I) ,
Educational Institutions ,
Gender Discrimination ,
Gender Equity ,
Race Discrimination ,
Recruitment Policies ,
Scholarships ,
SCOTUS ,
Sexual Orientation Discrimination ,
Students ,
Title IX ,
Universities
On January 5, 2021, the IRS issued a revised Form 1024-A, which is the application that Code Section 501(c)(4) social welfare organizations use to apply to the IRS for recognition of their tax-exempt status. The Form 1024-A...more
The IRS allows a “central organization” to obtain a group exemption letter that permits a central organization’s “subordinate organizations” to obtain recognition of their tax-exempt status without applying to the IRS. In...more
On April 23, 2020, the IRS published new proposed regulations with guidance on how nonprofits should calculate their unrelated business taxable income, or UBTI, for separate trades or businesses. This long-awaited guidance,...more
As the effects of COVID-19 on the economy and our societal needs present challenges to nearly every nonprofit organization, some organizations are considering how their endowment and other restricted funds may be deployed to...more
The novel coronavirus pandemic has upended nearly every facet of American — and global — life, and in doing so is exacting a massive toll on the economy. While the full measure of the effects of this crisis will not be known...more
Effective December 20, 2019, the "Taxpayer Certainty and Disaster Tax Relief Act of 2019" makes two legislative changes of special interest to tax-exempt organizations.
Retroactive Repeal of Nonprofit "Parking Tax" -...more