OUR THOUGHTS ON:

Charitable Giving: Are You In Compliance?

Not-for-Profit

By Staci Brogan

On January 22, 2013, Schneider Downs will host a breakfast forum to discuss trends in charitable giving programs and the impact of recent regulatory changes on not-for-profit organizations. The Forum will address challenges facing not-for-profit organizations dependent on charitable gifts to fulfill their tax-exempt missions.

As we have seen in recent years, declining investment returns and cutbacks in government funding have increased pressure on an organization’s charitable giving program. It is more important than ever for a charitable organization to ensure that its procedures addressing charitable giving are in compliance with current tax laws, that it understands gift restrictions and the related financial and tax reporting implications of such restrictions, and has a working knowledge of planned giving opportunities. These concerns are heightened by current discussions in Washington, DC regarding the charitable contribution deduction and its role in tax reform.

If you have any questions regarding your year-end gifts, please contact a member of the Schneider Downs Not-for-Profit Services Team.

© 2012 Schneider Downs. All rights-reserved. All content on this site is property of Schneider Downs unless otherwise noted and should not be used without written permission.

This advice is not intended or written to be used for, and it cannot be used for, the purpose of avoiding any federal tax penalties that may be imposed, or for promoting, marketing or recommending to another person, any tax related matter.

You’ve heard our thoughts… We’d like to hear yours

The Schneider Downs Our Thoughts On blog exists to create a dialogue on issues that are important to organizations and individuals. While we enjoy sharing our ideas and insights, we’re especially interested in what you may have to say. If you have a question or a comment about this article – or any article from the Our Thoughts On blog – we hope you’ll share it with us. After all, a dialogue is an exchange of ideas, and we’d like to hear from you. Email us at contactSD@schneiderdowns.com.

Material discussed is meant for informational purposes only, and it is not to be construed as investment, tax, or legal advice. Please note that individual situations can vary. Therefore, this information should be relied upon when coordinated with individual professional advice.

© 2018 Schneider Downs. All rights-reserved. All content on this site is property of Schneider Downs unless otherwise noted and should not be used without written permission.

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