It has become increasingly common for nonprofit organizations to be affiliated with other entities, such as related nonprofit organizations or for-profit subsidiaries. There are a number of important compliance steps nonprofits should take to minimize the risk of significant tax or legal consequences—whether establishing a new affiliated organization or making sure an existing affiliate relationship complies with legal and tax requirements. Among other topics, this session addressed:
- Why would a (c)(3) choose to start a (c)(4)?
- Am I doing the right things to keep the IRS at bay?
- How does my organization best address shared staff and facilities?
Speaker
George E. Constantine, III, Esq., Venable LLP