To help students understand the legal aspects of a 501(c)(3) organization and how they differ from other organizations.
- Learn the vocabulary associated with 501(c)(3) organizations
- Understand tax ramifications of organizations that pay taxes and those that do not
- Distinguish between private and public foundations
Representative from a local 501(c)(3) organization.
White, Benjamin T. (1991). The Foundation Desk Reference: A Compendium of Private Foundation Rules. Atlanta: Southeastern Council of Foundations. [https://www.philanthropysoutheast.org/foundation-desk-reference].
Guest speaker from a local nonprofit presents a summary of responsibilities that a 501(c)(3) organization must follow and those things a 501(c)(3) must never do.
Class discussion; research reports on nonprofits.