Emergency Assistance Foundation, Inc. - Tax Deductibility Archives

Fundraising: Time to Think Outside the Box

While most emergency assistance funds rely almost extensively on employer contributions for funding, there are many ways to raise money at the outset and over the long-term that go beyond employee contributions. To maximize a fund’s potential, it is important to think outside the box and […]

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Why You Should Continue to Monitor Your Employee Relief Fund

You would never set up an investment portfolio and not monitor it or make changes depending on the economy and your personal circumstances. For the same reason, you should not fail to regularly review and monitor your emergency assistance fund. The continued success of the fund depends on […]

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Employee Relief Funds: Three Design Considerations

When setting up an emergency assistance fund, many companies forge ahead without putting much thought into the best practices in creating these types of programs. Failure to do so always results in a fund that is less efficient, and therefore more expensive and less effective, than it could […]

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States Increasingly Say That All Revenue Sources Constitute a Solicitation

Nonprofit compliance can be complicated business.  That’s been true for as long as there has been a Section 501(c)(3) in the US tax code.  That complexity has only gotten more burdensome since the states have stepped up their solicitation registration requirements and enforcement […]

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Charitable Class is a Core Concept for Relief Funds

August 30, 2017
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A core legal concept for relief funds is likely the charitable class requirement. The Internal Revenue Service states that “[a] charitable organization or trust must be set up for the benefit on indefinite class of individuals, not for specific persons” (emphasis added). This requirement
means that employer-sponsored […]

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