A family foundation is a type of 501(c)(3) tax-exempt nonprofit organization that allows its founders to set up a formalized charitable grantmaking enterprise funded by one individual or a few family ...
Rules of the Game: Professional Athlete’s Foundations
With high levels of scrutiny in top athlete's foundations, charities must be structured and managed correctly. I am a huge believer in giving back and helping out in the community and the world...I ...
Disaster Relief – How Employers Financially Can Help Employees
Hurricane Harvey has caused devastation to hundreds of thousands of residents in Houston, South Texas and the Texas Gulf Coast. Just weeks later, Hurricane Irma impacted Florida and East Coast, and ...
What is an L3C?
The Low-Profit Limited Liability Company Social entrepreneurs have a number of choices when it comes to selecting the best business organization structure to achieve their socially conscious ...
What is a B-Corp? What is a Benefit Corporation? What’s the difference?
B All That You Can B! Certified B Corporations Many clients ask us about becoming a B Corp and whether it’s right for them. We also hear a lot of confusion about the difference between a "B Corp" ...
What is a L3C?
The Low-Profit Limited Liability Company Social entrepreneurs have a number of choices when it comes to selecting the best business organization structure to achieve their socially conscious ...
Doing Good and Making a Profit: Benefit Corporations
Doing Good and Making a Profit Traditionally, entrepreneurs with a strong desire for social change and charitable endeavors formed nonprofit corporations to advance their causes. But more and more ...
IRS Tea Party Targeting Scandal
The IRS apologized Friday for what it acknowledged was "inappropriate" targeting of conservative political groups in the process for applying for tax-exempt status. Details of the scandal emerged from ...