Fundraising is the life-blood of charitable organizations, yet little thought goes into a fundraising activity or event up-front. Digital campaigns, special events, gaming, and social media have substantially replaced traditional marketing efforts. If events are not appropriately structured, TEOs (tax-exempt organizations) can be subject to UBIT on income raised.
Fundraising and soliciting are subject to the additional burdens of state, and sometimes city and county regulations as well. Legal practitioners and organization leaders have the opportunity and obligation to inform the charity of its compliance and reporting obligations when the organization initially considers a new idea to raise money. Equally important is understanding how nonprofits can talk about their collaborations with companies and others without advertising for these sponsors (and therefore incurring UBIT)
Harbor Compliance
Account Executive
[email protected]
(717) 431-9129
Warren is committed to assisting nonprofits as they navigate regulatory requirements for charitable solicitation, commercial co-ventures, professional solicitors, fundraising counsel, and charitable gift annuities. Warren works to find compliance solutions that permit nonprofits to focus on meeting their missions and expanding their impact.