Some say nonprofit fundraising is as certain as "death and taxes" are for the general public. Fundraising may be by phone, mail, in person, or even with just a "donate" button on your organization's website. Regardless of the method, however, nonprofits that don't comply with federal Internal Revenue Service (IRS) and various state requirements run the risk of losing their tax exempt status and various other penalties as well. In addition, they may be exposing their donors to unforeseen penalties. Your donors, obviously, assume that you're in compliance with fundraising requirements, but these can differ from state to state. Nevertheless, the responsibility is on the nonprofit to make sure they are satisfying all of the requirements. Sometimes this may not be as simple as it sounds.
In addition to IRS fundraising rules and state requirements, there are additional requirements and uncertainties surrounding such areas as: Internet fundraising, state registration requirements, joint fundraising efforts with either another for profit or nonprofit, independent financial advisor rules and so on. There are certain basic guidelines that all nonprofits should be aware of in their fundraising activities.
Please join Sandra Pfau Englund, respected nonprofit attorney, as she reviews the nonprofit fundraising rules and offers guidance for nonprofits to follow to help minimize their fundraising risks.
WHAT YOU'LL LEARN
Just a sampling of what this webinar will cover:
- Review IRS fundraising rules – understand 3 key federal IRS rules for fundraising.
- Discuss state fundraising rules – understand how states regulate fundraising and registration requirements.
- Know the importance of Individual Fundraising Account ( IFA) rules – what's an IFA and why are organizations losing tax-exempt status because of them.
- Get updated on fundraising rules on the Internet.
- Discuss registration requirements, joint fundraising with either another nonprofit or for-profit organization required disclosures, etc.
- Know how your 501(c)(3) status could be impacted.
YOUR CONFERENCE LEADER
Your conference leader for "Nonprofit Fundraising: Knowing & Following the Rules Will Keep You in Compliance" is Sandra (Sandy) F. Pfau Englund. Ms. Englund is the founder of and managing partner of Pfau Englund Nonprofit Law, P.C. In addition to being an attorney with more than 20 years' experience assisting nonprofit organizations in a wide range of areas she has also served as a manager of an international nonprofit organization. Ms. Englund has authored a number of articles relating to various nonprofit management topics and is a sought after speaker. She earned a master's degree in public administration with a concentration in association management from George Washington University, Washington D.C., and her J.D. degree from George Washington University.