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All About Nonprofit (21)

How to Choose an Employee Benefit Plan Auditor

In a letter to administrators of “large” employee benefit plans — plans with more than 100 participants — the U.S. Department of Labor reported high levels of concern about the audit quality of employee benefit plans as well as the CPAs who perform them.
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DOL’s Fines for Deficient Employee Benefit Plan Audits are Fast, Furious and Frightening

A recent report released by the Department of Labor (DOL) shows their high level of concern about the audit quality of employee benefit plans. The report’s findings should raise concern for participants, plan sponsors and trustees as well.
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Program-Related and Mission-Related Investments for Private Foundations

Even though a private foundation is required to make annual distributions (usually 5% of its net asset base) in support of its mission, the vast majority of its assets must remain invested and is not otherwise available to provide support for its causes.
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Don’t Fall for IRS Phone Scams

Several of our partners and clients have gotten phone calls from people posing as IRS agents. With April 15 right around the corner, this can be unnerving.
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How to Align Your Nonprofit’s Goals With Its Mission

“If you don’t know where you are going, any road will get you there.” This quote from Lewis Carroll’s book, Alice in Wonderland, holds a lot of truth in the business world. The story begins when Alice, out of sheer curiosity, chooses to follow an odd and...
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How Private Schools Should Record Planned Giving Arrangements

One of the many ways donors provide financial support to charitable organizations, including private schools, is by establishing trusts or other arrangements under which the nonprofit receives benefits that are shared with other beneficiaries. These...
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