This is part three of an eight part webinar series that provides general legal information about operating a 501(c)(3) tax-exempt, nonprofit corporation. This webinar presents an overview of legal issues concerning fundraising by nonprofit organizations, including charitable solicitation registration, required IRS acknowledgments, and gambling laws.
Presenter: Robyn Miller, Esq., Pro Bono Partnership of Atlanta
In the current economy, nonprofit organizations are looking for creative ways to raise money. But nonprofits should be aware of the many legal requirements that govern fundraising, both from the IRS and the State of Georgia. Arm yourself with information to avoid problems down the road. This webcast will briefly discuss the required “paperwork” (including charitable solicitation registration), the tax considerations of fundraising (including unrelated business income and sales tax) and a variety of specific fundraising models including: cause marketing, licensing intellectual property, sponsorships, raffles and other gaming, and galas and other events.
Presenters: Robyn Miller, Pro Bono Partnership of Atlanta and Mindy Simon, Emory University
In tough economic times lots of tax exempt organizations turn to alternative ways of raising money. But being creative may mean problems with the IRS. Learn the rules dealing with unrelated business income tax, debt-financed income and joint ventures with for-profits.
Please note that in addition to the legal disclaimer above, this article contains information that is based, in whole or in part, on the laws of the District of Columbia. As a result, the information may not be appropriate for organizations operating outside the District of Columbia.
Even if your organization already has its 501(c)(3) status, the IRS can still take it away unless you do the right things. This guide covers activities that may jeopardize a charity’s exempt status, tax returns or notices that must be filed, recordkeeping, changes to be reported to the IRS, required public disclosures and resources for public charities.