- GuideStar Publications
- New Rules for Grantmakers and Donors
New Rules for Grantmakers and Donors
Do you know ...
- how inclusion on the Automatic Revocation Exemptions List affects a nonprofit's eligibility to receive a grant or charitable contribution?
- which sources IRS Revenue Procedure 2011-33 directs grantors and contributors to use to research a nonprofit's charitable and supporting organization status?
- what circumstances can require a grantmaker to exercise expenditure responsibility?
- where to find information on nonprofits the Office of Foreign Assets Control (OFAC) has named as engaging in or supporting terrorism?
- what can happen if you make a grant or contribution to an ineligible nonprofit?
"New Rules for Grantmakers and Donors: An Overview for Private Foundations, Organizations Sponsoring Donor-Advised Funds, and Donors," answers these questions, and more. Prepared by GuideStar staff, the report:
- reviews the steps grantors and contributors must take to comply with revised requirements published in IRS Revenue Procedure 2011-33;
- outlines the importance of documenting this research;
- discusses the consequences of failing to follow the new IRS rules;
- provides a convenient checklist to help grantmakers and donors keep their charitable contributions 100 percent IRS compliant.
Publication date: August 2011
Download Your Free Copy of "New Rules for Grantmakers and Donors"
Who Should Be Concerned?
- 501(c)(3) private foundations
- Organizations sponsoring donor-advised funds, including community foundations
- Corporate giving programs
- Federated giving programs
- Major donors
- Donor advisors