Form 1023-EZ Approvals Now Available to the Public

On February 22, 2017, the IRS announced that publicly available information from approved Form 1023-EZ tax-exemption applications is now available electronically for the first time. The data on IRS.gov is available in spreadsheet format and includes information for approved applications beginning in mid-2014, when the 1023-EZ form was introduced, through 2016. The...

Nonprofit Radio: Crowdfunding Laws

I’ll be on Nonprofit Radio this Friday at 10:30 am PT / 1:30 pm ET talking with host Tony Martignetti about crowdfunding laws. Catch us live on Talking Alternative or a few days later on iTunes (where you can also find our previous discussion on crowdfunding). Background Information Crowdfunding is defined as “the practice of funding a project...

Tax-Exemption and Public Policy – Bob Jones University

Bob Jones University v. United States, 461 U.S. 574 (1983), is a landmark case in which the United States Supreme Court held that the IRS had the authority to revoke the 501(c)(3) tax-exempt status of Bob Jones University (BJU) based on the university’s racially discriminatory practices that were contrary to public policy. According to...

Converting a For-Profit into a Nonprofit

Increasingly, for-profit corporations are expanding their goals beyond profit-maximization and pursuing social or charitable goals. For owners of some of these corporations whose sole focus becomes a charitable purpose, conversion into a nonprofit organization can provide new sources of financial and social capital. However, whether a corporation should convert...

Converting Charities (including Churches) into Dark Money Political Organizations

Would you like charities, including mosques, temples, synagogues, churches and other houses of worship, to be able to give your donations to politicians running for office? Would you like mosques, temples, synagogues, churches and other houses of worship (that are automatically tax-exempt and not required to disclose their financials or their donors)...