nonprofit

August 2017

What Tax-Exempt Organizations Should Know About Filing a Form 926

By | August 17, 2017|Categories: Nonprofit, Taxing Thoughts|Tags: , , , |

Many tax-exempt organizations invest frequently in foreign alternative investments (e.g., hedge, private equity, real estate and venture capital funds). When investing into such funds, these tax-exempt organizations’ primary tax concern is generally to mitigate their risk of Unrelated Business Taxable Income (“UBTI”). Funds commonly avoid this UBTI issue for their tax-exempt organization investors by structuring [...]

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March 2017

Form 926 Filing Requirements – a Potential Trap for the Unwary Tax-Exempt Organization

By | March 31, 2017|Categories: Nonprofit, Taxing Thoughts|Tags: , , , |

By: Sunil Patel (Tax Supervising Senior) and Jason Booth (Tax Principal) Many tax-exempt organizations invest frequently in foreign alternative investments (e.g., hedge, private equity, real estate and venture capital funds). When investing into such funds, these tax-exempt organizations’ primary tax concern is generally to mitigate their risk of Unrelated Business Taxable Income (“UBTI”). Funds commonly [...]

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February 2017

The Benefits of Program-Related Investments

By | February 14, 2017|Categories: Nonprofit|Tags: , , |

In our previous blog, No Strings Attached, we discussed the importance of unrestricted general operating support from grant makers.  However, general operating support may not be the best – or only way – to assist every grantee organization. Instead of, or in addition to a grant, program-related investment (PRI) sometimes makes sense. If you haven’t [...]

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Case Study: Application of the New Minimum Wage Phase-In Requirements

By | February 10, 2017|Categories: Nonprofit|Tags: , , |

There have been numerous discussions about the economic pros and cons of a phased-in $15 wage floor but not that many around the practical application, so I thought I’d share a recent situation I encountered. Background: On January 1, 2017, the minimum wage in California increased to $10.50 per hour for employers with 26 employees [...]

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November 2016

Due Diligence During a Merger

By | November 15, 2016|Categories: Nonprofit, Taxing Thoughts|Tags: , |

By Lizbeth Nevarez (Senior Manager, Green Hasson Janks) It is a rare feat when two nonprofit organizations are able to come together and join resources to increase the collective impact they have in the community. It is just as rare to have enough donor contributions that allow them to do so. The amount of time, [...]

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August 2016

Nonprofit Compensation

By | August 18, 2016|Categories: Nonprofit, Taxing Thoughts|Tags: , , , , , , , |

By: Blair Howard (Intern, Green Hasson Janks) and Lauren Haverlock (Principal, Green Hasson Janks) Managing executive compensation for the highest paid executives in any company can be difficult, but it becomes much more complex when discussing tax-exempt organizations. Not only must a nonprofit consider the effects of salary levels on the operating budget, the organization [...]

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March 2016

How Nonprofits Can Do More With Less

By | March 1, 2016|Categories: Nonprofit|Tags: , , , , , |

By: Justin Wedell (guest blogger, Nonprofit Empowerment Program, Cornerstone OnDemand Foundation) For anyone even tangentially involved in the world of nonprofits, doing more with less has probably been a common motif throughout your experience. To be fair, there’s nothing wrong with efficiency and pursuing less wasteful and more sustainable operations. However, there’s a point at [...]

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February 2016

Encore Fellows to the Rescue for Nonprofits

By | February 9, 2016|Categories: Nonprofit|Tags: , , , , , , , , , |

Judy Bamberger (Guest Blogger, Encore Fellows Program Manager, Social Venture Partners) Over the next decade, the population over age 65 will increase dramatically from 10 percent to 25 percent. How can society take advantage of these extensive skills, knowledge and life experiences? In response, Social Venture Partners recently launched its Encore Fellows program in Los [...]

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January 2016

Utilizing Your Volunteer Army

By | January 27, 2016|Categories: Nonprofit|Tags: , , , , , , , |

By: Donella Wilson (Partner, Green Hasson Janks) Volunteers are an integral part of the nonprofit world. Most nonprofits can’t operate without their volunteers. Not only do they provide their time and skills to help support your cause at no cost, but volunteers are ten times more likely to donate to your organization. The more volunteers [...]

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December 2015

Five Secrets For Volunteer Success

By | December 15, 2015|Categories: Nonprofit|Tags: , , , |

By: Karen Baker (Chief Service Officer, State of California and CaliforniaVolunteers) Volunteers are a great resource of additional people that can help a nonprofit fulfill its mission — they represent time, talent, and treasure. When I recently spoke at the Green Hasson Janks 2015 Nonprofit Conference, I described five “secrets” I’ve identified over my career in [...]

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