NonprofitEye

Leave it to a nonprofit accountant to write about tax-time instead of Christmas Cheer and Silver Bells! Seems like only yesterday I was writing about holiday fundraising appeals, but it turns out another year has flown by! Here's a re-cap on tax-exempt giving: The Nonprofit Eye on IRS Regs, Tis The Season to Be Giving sixtyPercent on the great Tax Advantages of Giving Gifts of Stock Beth Kanter's posts on Fundraising Widgets and on Donor Documentation and let's not forget the IRS's own roundup of Tax-Exempt Giving Technorati Tags: Charitable Giving , Donations , Nonprofit , Tax Exempt Donation

Last week, in MISSION WITHOUT I.T. IS LIKE A DAY WITHOUT SUNSHINE I set out to write  ROI, but before I'd finished my first paragraph, I had revealed my own flawed organizational paradigm. Allan Benamer contributed a critically important comment: IT is actually responsible for all the other departments you mentioned (accounting, marketing, etc.) in the best nonprofits? You really can't do accounting, marketing or fundraising without IT. ...you could try but you'd have a heck of a hard time scaling. Think of IT as an umbrella that keeps all the other departments from getting wet. In the best nonprofits, it should be integrated into every department and not be a standalone. The only way to effectively address complaints about ineffective organization? Offer a solution. How about this: replace our world of the three overlapping sets: communications/ operations/accounting--with a new world---mission/community/investment. The catches? If your giving is an investme...

8 Days for Charitable Giving in 2006 by Pam Ashlund You know, I've never seen a holiday fundraising appeal which really focused on tax-time. Maybe smiling children are more appealing than a write-off to a giver...or maybe not! Here's a re-cap on tax-exempt giving: Beth's posts on Fundraising Widgets and on Donor Documentation Pam's post on IRS Regs, Tis The Season to Be Giving David's post on the great Tax Advantages of Giving Gifts of Stock The IRS's Roundup of Tax-Exempt Giving Technorati Tags: Charitable Giving , Donations , Nonprofit , Tax Exempt Donation

‘TIS THE SEASON TO BE GIVING: NONPROFIT CHARITABLE GIVING CONTRIBUTIONS & MORE by Pam Ashlund Collecting donations for your nonprofit? As a financial manager (and those that imagine incorrectly that I’m a tax accountant or a CPA) I can’t tell you how often I’m asked about documentation for donors. Some want to know about receipts for cash gifts, the others how to value an in-kind gift. The first has concrete answers, the second has a few gray areas. But for all answers it’s one-stop shopping and must come from one source and only one source: the IRS. So what follows are quotes from the IRS site, and links to the IRS site, not my personal opinion (because if you want my personal opinions then enjoy them, but don’t use them as a substitute for a tax specialist or a lawyer’s). The IRS has a great round-up of nonprofit topics . From there you can drill down to: Tax Information for Contributors For donors wanting to know how to claim a deduction for their contribution, you want: Publica...