The Federal Reserve recently expanded its Main Street Lending Program to nonprofit organizations as relief during the COVID-19 pandemic. The Federal Reserve created two new nonprofit loan options [...]
In its broadest sense, a fiduciary duty is an obligation owed by a person in a leadership or management role within an organization to the organization itself and its members. A director or [...]
Social media offers many benefits to churches and nonprofits, including the ability to more easily advance an organization’s mission by directly engaging supporters online. This has never been [...]
For federal income tax purposes most churches qualify for exemption from tax under Section 501(c)(3) of the Internal Revenue Code. Political speech by 501(c)(3) organizations can be divided into [...]