On March 27, 2024, in a long-awaited decision that carries major implications for 501(c)(3) organizations and independent schools, the Fourth Circuit held that an independent school’s 501(c)(3) ...
In late October 2021, the Internal Revenue Service (IRS) issued Notice 2021-56 setting forth requirements for limited liability companies (LLCs) to receive a determination letter from the IRS for ...
NIL-based charity Hoosiers For Good is one of the first NIL organizations to achieve federal 501(c)3 status in the country. All donations past and present since Hoosier For Good's launch in March will ...
Officials with Dallas Does Dance, a nonprofit organization dedicated to providing accessible dance education and performance opportunities for the LGBTQ+ community and its allies, announced July 5 ...
The number of organizations granted tax-exempt status grew for the fourth year in a row in 2017, climbing to 79,699, according to Internal Revenue Service data. That’s up slightly from 2016, when ...
It was a “happy surprise,” Fraser Nelson said, when The Salt Lake Tribune received a letter from the IRS on Friday giving the 148-year-old news outlet nonprofit 501(c)(3) status — no questions asked. ...
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