Nonprofit organizations often hold annual or periodic fundraisers to supplement their budgets. Common fundraising activities may include holding raffles. In California, eligible tax-exempt [...]
Nonprofit organizations with Section 501(c)(3) tax-exempt status that do not fit into any of the public charity categories found in Section 509(a) may be private operating foundations. Whether a [...]
In the early stages of a nonprofit’s existence, the board may be involved in virtually every decision made on behalf of the organization. As the organization matures, the board will increasingly [...]