Description
Book SynopsisEverything you need to start and manage a non-profit Starting and Managing a Nonprofit Organization is written to help anyone who''s just getting their toes wet in the sector get up to speed on the critical information needed to protect their nonprofit''s tax-exempt statusand avoid the many legal traps out there that you probably didn''t know exist. Packed with checklists and step-by-step guidance, Starting and Managing a Nonprofit Organization demystifies intricate legal issues with plain-English language explanations for non-legal professionals of the statutes, regulations, court opinions, and other rules comprising nonprofit law.
Nonprofits must comply with stringent federal and state laws due to their special exempt status; the government''s ultimate threat is revocation of a nonprofit''s tax-exempt status, which usually means the nonprofit''s demise. Written in plain English, not legalese, this all-important guide provides essential guidance for those in
Table of Contents
Preface vii
Part One Starting A Nonprofit Organization 1
Chapter One: What Is a Nonprofit Organization? 3
Chapter Two: The Nonprofit Organizations’ Regulatory Scene 17
Chapter Three: Starting a Nonprofit Organization 27
Part Two Being Nonprofit, Legally 39
Chapter Four: Nonprofit Organizations: Much More Than Charity 41
Chapter Five: Nonprofits and Private Benefit 59
Chapter Six: From Nonprofit to Tax-Exempt 77
Chapter Seven: Charities: Public or Private? 93
Chapter Eight: Nonprofit Governance 111
Chapter Nine: Braving Annual Reporting 137
Chapter Ten: Tax Exemption: Not a Paperwork Exemption 149
Chapter Eleven: Charitable Giving Rules 163
Chapter Twelve: Government Regulation of Fundraising 187
Part Three Tax-exempt Organizations Can Be Taxable, And So Can Their Managers 211
Chapter Thirteen: Related or Unrelated? 213
Chapter Fourteen: Lobbying Constraints—And Taxes 231
Chapter Fifteen: Political Campaign Activities—And More Taxes 243
Chapter Sixteen: Donor-Advised Funds, Tax Shelters, Insurance Schemes—And Still More Taxes 253
Part Four Helpful Hints and Successful Techniques 261
Chapter Seventeen: For-Profit and Nonprofit Subsidiaries 263
Chapter Eighteen: Joint Venturing and Other Partnering 275
Chapter Nineteen: Wonderful World of Planned Giving 291
Chapter Twenty: Putting Ideas into Action 303
Part Five Sidestepping Traps 313
Chapter Twenty-One: Watchdogs on the Prowl 315
Chapter Twenty-Two: Potpourri of Policies and Procedures 329
Chapter Twenty-Three: Commerciality, Competition, Commensurateness 343
Chapter Twenty-Four: IRS Audits of Nonprofit Organizations 355
Chapter Twenty-Five: Avoiding Personal Liability 375
Part Six Constitutional Law Perspective 383
Chapter Twenty-Six: Nonprofit Organizations and the Constitution 385
Glossary 409
Index 421
