Who Would Have Thought: Charitable Trusts as a Viable Entity

Who Would Have Thought: Charitable Trusts as a Viable Entity, State Bar of Texas, Governance of Nonprofit Organizations Course, August 23-24, 2012

This seminar paper explores charitable trusts as an entity structure for Section 501(c)(3) organizations. Many practitioners have moved away from charitable trusts and focus exclusively on nonprofit corporations (and to some extent on newer forms of nonprofit entities including L3Cs and B Corporations). However, the charitable trust, the oldest form of nonprofit entity, still has viability in certain circumstances. This paper explores those circumstances, particularly under Texas law.

Recognizing and Avoiding Self-Dealing: Both Direct and Indirect

Recognizing and Avoiding Self-Dealing: Both Direct and Indirect , Salk Institute 40th Annual Tax and Management Seminar for Private Foundations, La Jolla, California, March 14-16, 2012

Also presented with Terri Helge at Dallas Society of CPAs, Annual Conference, May 4, 2012

This seminar paper looks specifically at the private foundation prohibition on self-dealing under Section 4941 of the Internal Revenue Code. The paper explores both direct self-dealing, as well as indirect self-dealing offering the law as well as a number of case studies to explore these issues.

 

Grantmaking: The Good, The Bad and The Proceed with Caution

Grantmaking: The Good, The Bad and The Proceed with Caution, Salk Institute 40th Annual Tax and Management Seminar for Private Foundations, La Jolla, California, March 14-16, 2012

This seminar paper and presentation examines various grantmaking issues, specifically with respect to private non-operating foundations. The paper examines types of grants that will qualify as qualifying distributions and those grants that should be avoided as taxable expenditures. The paper explains issues related to international grants and other grants that require expenditure responsibility.