GuideStar Hosts Free Webinar on New Due Diligence Measures Required of Grantmakers

Share Article

How to Identify Supporting Organizations and Align Your Grants Administration Process with the 21st-Century Tax Code

News Image
Grantmaker Due Diligence in the Pension Protection Act Era: How to identify supporting organizations and align your grants administration process with the 21st-century tax code.

What:     Please join us for the free webinar, “Grantmaker Due Diligence in the Pension Protection Act Era: How to identify supporting organizations and align your grants administration process with the 21st-century tax code.”

Who:
Speakers:

Attendees: Private foundations, sponsoring organizations of donor-advised funds
Host: GuideStar USA, Inc. – the leading source of nonprofit information

Live Tweeting Encouraged: @GuideStarUSA encourages you to connect with other webinar participants, submit your questions to the host and speaker, and follow the online conversation by live tweeting using the identifier #grantmakerdd.

Where:     Space is limited! Register online today by visiting http://www.guidestar.org/news, clicking on “GuideStar Webinars,” and then “Register Now.”

When:     Tuesday, September 28, 2010
1:00-2:15 pm ET

Why:     The Pension Protection Act of 2006 imposes new excise taxes on private foundations and sponsors of donor-advised funds for making grants to certain types of supporting organizations. This GuideStar-hosted webinar features expert Suzanne Ross McDowell, a national legal expert on nonprofit governance and tax issues, and Pamela Jowdy, a product management vigilante, who will address grantmaker concerns, including:

  •     How can I verify that a potential grantee is tax exempt?
  •     How can I determine if a potential grantee is a supporting organization?
  •     What about 509(a)(3) organizations that are Types I, II, or III?
  •     Are there best practices concerning determination of functional integration for Type III supporting organizations?
  •     What are the practical implications of Revenue Procedure 2009-32, and how might they affect my grantmaking operations and compliance practices?

The webinar will review the IRS tax code, IRS Revenue Procedure 2009-32, and corresponding pre-grant due-diligence best practices. It will also cover different online and manual options for charity verification, including GuideStar Charity Check. There will be a brief question and answer session at the end of the webinar.

About GuideStar
GuideStar, http://www.guidestar.org the premier source of nonprofit data?connects people and organizations with information on the programs and finances of more than 1.8 million IRS-recognized nonprofits. GuideStar serves a wide audience inside and outside the nonprofit sector, including individual donors, nonprofit leaders, grantmakers, government officials, academic researchers, and the media.

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Lindsay Nichols
Visit website

Media