by MB Team | Oct 28, 2025 | Church, MB Report, NonProfits & Foundations
As an attorney representing many churches and not for profit ministries and sitting on some of their boards, I have the opportunity to see firsthand many of the successes, failures and challenges that commonly confront these ministries. One challenge that stands out...
by MB Team | Apr 9, 2024 | Business Law, MB Report, NonProfits & Foundations
The United States Corporate Transparency Act (“CTA”) became effective January 1, 2024, and requires corporations to file annually a report as to its ownership and control. with the Federal Government. Why should organizations, including certain not for profit...
by MB Team | Aug 3, 2021 | NonProfits & Foundations
In this article, we will discuss why someone may want to set up a private operating foundation, how to do so with the help of attorneys like those at Mauck & Baker, and if this option is right for you in your gift planning process. What is a private foundation?...
by MB Team | Jun 9, 2021 | NonProfits & Foundations
Not-for-profit organizations with 501(c)(3) status are exempt from federal income taxes. However, this exemption is a privilege rather than a right, and the Internal Revenue Service (“IRS”) may ultimately revoke a nonprofit’s federal income tax status under certain...
by MB Team | Nov 4, 2020 | NonProfits & Foundations
Charitable solicitation is more complex than just asking for donations. In fact, there are a number of essential regulatory procedures that nonprofits must stay up to date with to stay within the laws of charitable solicitation. Currently, 39 states and the District...