Nonprofit Organizations Law and Policy Third Edition - Libraries ...

More documents

Recommendations

Info

xviii TABLE OF CONTENTS Page VII. Taxable Expenditures-Continued Question _________________________________________________________________________ ------- 345 Chief Counsel Advisory ________________________________________________________ ----- 345 VIII. Termination of Private Foundation Status __________________________________ 352 Gladney v. Commissioner--------------------------- ___ _ ___________________________ 353 Note ____________________________________________________________________________________ -- 359 Problem ________________________________________________________________________________ - 359 Chapter 8. Fundraising ______________________________________________________ --- ------ 360 I. The Importance of Fundraising _________________________________________________ 360 II. Regulation of Charitable Solicitations----------------------------------------- 361 Riley v. National Federation of Blind of North Carolina ---------------- Question ___________________________________________________________________ ------------- 361 370 Madigan v. Telemarketing Associates, Inc. __________________________________ 371 Note ----------_ -- ---- --_ --________________________________________ ------------------------ 377 Questions ---------------------_ --______________________________ ------------------------ - 377 United Cancer Council Inc. v. Commissioner _______________________________ 377 Question -------------------------- ---- -------- _____ -_____________ --- -- ---. -- -- ----- -- .. - 382 III. Charitable Contribution Deductions ___________________________ ---------------- 382 A. Quid Pro Quo --------------------------- ___________________________ -------------- 383 United States v. American Bar Endowment.--------------------------- 384 Revenue Ruling 67-246 ------------ ------ --- --------- ----- --------- ----------- 387 Revenue Procedure 90-12 ----- ------ --- --------------------------------- -- -- 395 Notes ------------------------ ------------------------------------------------------- 399 B. Services ----------- -- --------------------------------------------------------------- 399 C. Timing ----- ------- -- --- --------------------------------------------________________ 400 D. Unconditional Gift -------------------------------------------------- _______ ---- 400 E. Amount of Deduction-- -- --- ------------------------------------ ____ ----------- 401 1. Amount of Contribution ----------------------------------_______________ 401 2. Long-Term Capital Gain Property ----------------------------------_ 401 Note --- ------------ ----- ------- ------ -------- --- -------- ------------- ----------- 402 3. Ordinary Income Producing Property ------------------------------- 403 4. Percentage Limitations --- -- --- ----- --- -- ------ ------------- --------- ---- 403 5. Carryforward of Charitable Contribution Deduction ----_______ 405 F. Appraisals of Donated Property -- ------------------ --- -- --- --- -- ----------- 405 Revenue Procedure 66-49 ---------------------- ----- ----- ------------------ - 406 Note -- ---------- --- ------------------------ -------------------------------- _______ --- 409 G. Substantiation -- ------------------------------------------. ---------------------- 409 Note ------------------------------------------------. --. ---. -------------------__ -. -- 410 H. Donor Advised Funds ---------- ------------- ----------------------- _______ ---- 410 Notes ------------------------------------- ------------- -------------____________ _ __ _ 412 I. Deferred Giving --------------- -------- --------------------------__________ _ 412 1. Charitable Remainder Trusts -------------------------------- __________ Revenue Procedure 2005-52--------------- ____________________ --- ------ 414 415 Revenue Procedure 2005-53------------------------------------- ------- 420 Note ------------ -------- ----- --------------------------------------- ------ --- --- 423 2. Charitable Gift Annuity --- -- ------------------------------- ------- ---- --- 423 IV. Cy Pres Doctrine --------------------------------------------------------------------- 425 United States v. Cerio _____ -- --------- ------------------------------------ ---------. - 425 Notes _______________ ---------------------------------------------------------- ------------ Questions ___________________ ---- --- --- ---. -. ------------------------------- --. --- ----- -- 437 43X Note _____________ -----. ------------------------------------------------------------------- 438
TABLE OF CONTENTS Page IV. Cy Pres Doctrine-Continued Niemann v. Vaughn Community Church ............. --- ----- _._ ... _____ ____ _ 439 Note ------------------------------------------------------__ __ __ ____ _____ ___ __ . __ . _ _ _ _ _ _ _ 445 Chapter 9. Unrelated Business Taxable Income-------- -- ---- .- ----- ---- - 446 Note---- --- ------ ------ ----- -------- --- -- ----- -- -- -- --- ------- --- ----__ . __ _____ _ . __ . _ ... _ __ _ 446 I. History of the Unrelated Business Income Tax _______ __ ______ ... _. _____ ... 447 A. Pre-Revenue Act of 1950 ---- ----- -- -- ---- ----- -- .. ---- ---- -- -... . _. __ ._. ___ _ 447 B. The Revenue Act of 1950------.--. ----.------- -_ ... __ __ ._ .. . ___ . _. ____ ___ --- 448 C. The Regulations .. -. -. ----- -- ----------------------.. ------- ---__ _ -_ .. __ . _ .. __ _ 449 Questions-- -- ----- --.-. --- .- ... --. --_ __ __ . ___ . ____ __ . _______ ___ __ . __ __ ___ .. . _ ... 450 II. Organizations to Which 'UBIT' Applies -- ---- --- -- -----.-- -- .---_ ____ __ ____ _ 450 III. Elements of the Unrelated Business Income Tax (UBIT)--- ____________ 450 A. Unrelated Trade or Business -- ----- ------ --- .... --- ----------- __ __ __ ______ 451 Professional Insurance Agents v. Commissioner-------- ____ _______ __ . 451 United States v. American Bar Endowment..---.-.-- -- -- ___ ____ ._.... 459 Question --- ----- ----.. -- ---.. -- --------- -------- -------.. ------------. ------------- 463 Note ------------------. --. -----------------------------_ ... ______ ------_. _ 463 B. Regularly Carried On-------- --- ------------- --------- -- -- ------- __ -_ ---------- 463 National Collegiate Athletic Ass'n v. Commissioner --- ---- --- -- ---- - 464 Question -- -... ---- --- ---- --.. ---- .-----------.-- ----- -.--- --- .-- -------- --.- .... --. 471 C. Substantially Related- ------ ------- ---. ------- ----_ ------ -----.... ----------- -- 471 United States v. American College of Physicians ------ -- --- --- ------- 472 Notes -- ----------- --------------- ----------------- ---------- -------------------- ---- 480 Problems --- ----------------- --- --- .. ------- --- -- ---- --. --------------- ______ ---- -- 481 D. Exceptions to "UBIT" --- ---- .. --.- ----- --- -.--- .- .- .. ----------- ____ .. __ ._-. 481 Problems ----- ------------ ------- --. --... ------ -------... ---------------- . --------. 482 E. Modifications -- --- ------- ------ -. --.. .. -------. ------... --------------- -.. -------- 483 1. Rents ----------- --- ----------- ---- -.. ----.-... ---- .... ---- -------- -.. --- -- ------ 483 Note --- -- -- -------- --- ------ ------- -.. ------ ------- ... ---- ------------------ -- -- 484 2. Royalties -- ---- ----------- --------- --- ---- -- ----- --- ---- -------- ----- -- -------- Sierra Club, Inc. v. Commissioner ------ -- ----- ----- --- ----- ------- --- 484 485 Note -- -------- ------------ ---- -- ---------------------- --- --------------------- -- 490 3. Unrelated Debt-Financed Income -- --- ---- ---------- ---------- ------- 491 University Hill Foundation v. Commissioner --- ---- .- -. ---- --- --- 491 Note ------- -------- ----- -------------- . ----- ---- ----- ---- --- --- ----- ------ ------ 503 Problem ----- -- ---- ------ -- ---- --------------- ----.. --------- --------------- --- 504 Question ---------------------------------------------------------------------- Mose and Garrison Siskin Memorial Foundation v. United 504 States ------- ---------------------------------------------------- ------------ 504 Note ----------- ---------- ----------- --- ----- ----------- ---- ----------- ---------- 508 Question -- ---- -------- ----- -------- -------- ---- ------------- ------- -------- --- Bartels Trust for Benefit of the University of New haven t'. 508 United States --- ------- ------ -- --- ------ ------- ------------- ----------- --- 508 Chapter 10. Churches and Other Religious Organizations---------- 518 I. Definition of a "Church" ------ ----- --- ---- -------- -- -- ------- ---- -- --- ------ ----- - 518 Foundation of Human Understanding v. Commissioner --- ---- --- ------ 518 Note ------------------ ----------- --- ------------------ ----- ---------------------------- --- 525 Question ---------- ---------------- ----------------- ----- ----------- ----- ------------- --- 525 Lutheran Social Service of Minnesota v. United States --- --- ----. ------- 526 Question -------- ----------. ---- -- ---- ------ ---------- ----------------------------------- 532
Page 2 and 3: WEST'S LAw SCHOOL ADVISORY BOARD JE
Page 4 and 5: Thomson Reuters created this public
Page 6 and 7: PREFACE Representation of nonprofit
Page 8 and 9: PREFACE vii in Italy relating to no
Page 10 and 11: x SUMMARY OF CONTENTS Page Chapter
Page 12 and 13: xii SUMMARY OF CONTENTS Page Chapte
Page 14: xiv TABLE OF CONTENTS Page II. Orga
Page 17: TABLE OF CONTENTS xvii Page Chapter
Page 21 and 22: TABLE OF CONTENTS xxi Page III. Rig
Page 23 and 24: TABLE OF CONTENTS xxiii Page II. Ri
Page 25 and 26: xxvi TABLE OF CASES Church of Etern
Page 27 and 28: xxviii TABLE OF CASES Professional
Page 30 and 31: NONPROFIT ORGANIZATIONS LAW AND POL
Page 32 and 33: 2 OVERVIEW OF THE NONPROFIT SECTOR
Page 34: 4 OVERVIEW OF THE NONPROFIT SECTOR
Page 37 and 38: SEC. I NATURE OF A NONPROFIT ORGANI
Page 53 and 54: SEC. I NAITRE OF A NONPROFIT ORGANI
Page 57 and 58: SEC. II ORGANIZATIONAL STRUCTURE 27
Page 63 and 64: SEC. II ORGANlZA TIONAL STRUCTt:RE
Page 65: SEC. II ORGANIZATIONAL STRUCTURE 35
Page 68 and 69:
38 OVERVIEW OF THE NONPROFIT SECTOR
Page 70 and 71:
Page 72 and 73:
Page 74 and 75:
Page 76 and 77:
Page 79 and 80:
SEC. II ORGANIZATIONAL STRUCTURE 49
Page 81 and 82:
SEC. IV FOREIGN NONPROFIT ORGANIZAT
Page 83 and 84:
Page 85:
Page 89:
Page 92:
show all

Nonprofit Organizations Law and Policy Third Edition - Libraries ...

Create successful ePaper yourself

Delete template?

Save as template?