February 18, 2013

Covenant Project Update

The Covenant Project assists religious institutes as they take responsibility for their own future in uncertain and changing times. We think of it as estate planning for religious institutes.
estate plan [ih-steyt plan] – arrangements made in anticipation of a changing future. The estate plan attempts to eliminate uncertainties over administration, maximize resources and establish a legacy. Taking responsibility for one's future is an ongoing process that begins when one has a measurable asset base. As life progresses and goals shift, the estate plan moves to be in line with new goals.

1. Full-Day On-Ground Workshops
-- September 22, 2013 - St. Louis, MO
    Register -- Printable Flyer -- More information
2. Online Workshops - Four 90 minute sessions.
-- April 2013 (Tuesdays)
-- September 2013 (Tuesdays)
(Online Sessions are at 2pm Eastern, 11am Pacific.)
--Charism & Completion - Apr 2
--Models of Completion - Apr 9
--Transitioning Sponsorship - Apr 16
--Covenants and Partnerships - Apr 23
--Follow-up conference call with each community
   Register for one of the online series.
Participants will have access to both Live and recorded sessions - in case not all members of your team can be present for the full series.

February 11, 2013

Charity & Nonprofit Audit / Type III orgs

This web page will explain the IRS audit process for charities and other nonprofit organizations. IRS Exempt Organizations is continuously exploring how to improve our service to charities and other nonprofit organizations, and hopes you will find the information on this page useful.

Recent changes affecting Type III Supporting Organizations

On February 4, 2012, the Director of Exempt Organizations, Ruling and Agreements, issued a memorandum instructing EO Determinations specialists to cease issuing determinations based on the 2009 proposed regulations.
Effective immediately, EO Determinations may issue determination letters classifying organizations as either functionally integrated or non-functionally integrated Type III supporting organizations if they satisfy the criteria set forth in the final and temporary regulations.