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Fundraising or fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for non-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises.
United States non-profit laws relate to taxation, the special problems of an organization which does not have profit as its primary motivation, and prevention of charitable fraud. Some non-profit organizations can broadly be described as "charities" — like the American Red Cross. Some are strictly for the private benefit of the members — like country clubs, or condominium associations. Others fall somewhere in between — like labor unions, chambers of commerce, or cooperative electric companies. Each presents unique legal issues.
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A nonprofit corporation is any legal entity which has been incorporated under the law of its jurisdiction for purposes other than making profits for its owners or shareholders. Depending on the laws of the jurisdiction, a nonprofit corporation may seek official recognition as such, and may be taxed differently from for-profit corporations, and treated differently in other ways.
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CharityVillage.com is a resource website for people involved in Canada's nonprofit sector. Online since 1995, the site was one of the earliest web-based resources for nonprofit staffers and volunteers. As of 2010, it had more than 3,000 pages of nonprofit news, resources, how-to articles, training, and funding sources. It also offers hundreds of job, volunteer and event listings, all related to Canada's nonprofit sector.
Candid is an information service specializing in reporting on U.S. nonprofit companies. In 2016, its database provided information on 2.5 million organizations. It is the product of the February 2019 merger of GuideStar with Foundation Center.
Aplos Software is a privately held company that specializes in software as a service for nonprofit organizations. Their primary focus is simple software to manage the essential nonprofit tasks of fund accounting, nonprofit tax preparation and donor management for small, mid-sized, and large non-profit organizations.
A 501(h) election or Conable election is a procedure in United States tax law that allows a 501(c)(3) non-profit organization to participate in lobbying limited only by the financial expenditure on that lobbying, regardless of its overall extent. This allows organizations taking the 501(h) election to potentially perform a large amount of lobbying if it is done using volunteer labor or through inexpensive means. The 501(h) election is available to most types of 501(c)(3) organizations that are not churches or private foundations. It was introduced by Representative Barber Conable as part of the Tax Reform Act of 1976 and codified as , and the corresponding Internal Revenue Service (IRS) regulations were finalized in 1990.
References
- ↑ "Foundation Center". Archived from the original on 2012-04-06. Retrieved 2011-09-26.
- ↑ "National Press Club". Archived from the original on 2011-12-01. Retrieved 2011-09-26.
- ↑ "IRS Form 990". IRS.Gov. Archived from the original on 2012-04-19. Retrieved 2017-08-10.
- ↑ "Welcome to the New NonProfit Times". 6 March 2013. Archived from the original on 2 April 2015. Retrieved 8 March 2013.
- ↑ "Volunteer Management Advocate Susan J. Ellis Dies". The Nonprofit Times. 25 February 2019. Archived from the original on 8 March 2019. Retrieved 7 March 2019.
