article thumbnail

New Tax Law: Understanding the Impacts on Charities and Giving

ASU Lodestar Center

The tax law and jobs act (TCJA) presents many changes for nonprofits to consider in 2018. The following changes to the law are some of the most critical when considering the effect they may have on charitable giving to nonprofits. State and local income and property taxes are now limited to a $10,000 deduction. Key changes.

Law 56
article thumbnail

[ASK AN EXPERT] How To Accept Real Estate Gifts If You’ve Never Done So Before

Bloomerang

Options include: Find a local attorney experienced in nonprofit charitable gift planning. If you have a local law firm that specializes in nonprofit law, this is a place to start. If you can’t find someone local, there are a range of law firms with this specialty. So “we can’t afford this” is nonsensical.

Gift 82
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 things to know about philanthropy to HBCUs

Candid

For every $100 foundations give to an Ivy League school, how many dollars do you think foundations give to a historically Black college and university (HBCU)? Candid and ABFE partnered to create and publish Philanthropy and HBCUs: Foundation funding to historically Black colleges and universities.

article thumbnail

100+ Fundraising Tasks for Your Nonprofit’s Board

Nonprofit Tech for Good

This can include large Fortune 500 companies or even local law firms, smaller companies, business-to-business suppliers, or retailers. Build a relationship with the staff and board of your local community foundation. Use the Foundation Directory at the library or a university to find foundations out of state.

article thumbnail

What Nonprofits Need to Know About the New Overtime Ruling

Blue Fox

Over the past month, we’ve answered these questions a lot: How will changes to the federal overtime law will affect my organization? Before we delve into how the new overtime law affects the nonprofit industry, know that not all states have the same guidelines. (This also applies to the for-profit social enterprises we serve too!)

Law 96
article thumbnail

10 Questions …. Kate Behncken, global head, Microsoft Philanthropies

The NonProfit Times

She is focused on local and global initiatives, partnering with nonprofits, governments and the private sector to develop durable solutions and deliver impact at scale. Once I hit university and then started working, I could see how technology was developing fast and going to impact so many sectors in so many ways.

article thumbnail

Discussion of Donor Data Retention

Robert Weiner

It will depend on local laws, your storage needs, and your relationship to past customers. Basically, if there are no laws in Canada about what kinds of records you have to keep for a certain amount of time, then you are good there. Does this make sense to others? Storage needs can be assessed internally. Not giving?

Retention 100