Allen BrombergerDAFs in a Time of CrisisThe DAF is extremely flexible, and can accept almost any form of contribution.
Allen BrombergerDue Diligence In Social Impact Deals -- Podcast Released In Uncertain TimesAs social ventures mature, entrepreneurs and investors explore options to measure impact—critical to build trust in times of crisis.
Allen BrombergerAllen Bromberger a Guest on The Righteous Capitalists Podcast"A Lawyer Who Ensures Good People Aren't Forced Down Bad Paths" The Righteous Capitalists is hosted by Doug Zacker. He says, "One thing we have learned on Th...
Allen BrombergerWhen is a Fiscal Sponsorship a “Mere Conduit”? Most nonprofits are familiar with the fiscal sponsorship. Under these arrangements, a U.S. charity receives funds from a donor as a tax-deductible contributi...
Allen BrombergerImpact Investing Term Sheets: How to Protect Mission in 2019 and Beyond (Podcast)For social enterprise deals, provisions for social impact, values, or mission, are important to impact investors & entrepreneurs alike.
Allen BrombergerAnalysis of Tax Reform 2.0 from a Social Enterprise Perspective August 2nd 2018 On July 24, 2018, the House Ways and Means Committee released its framework for legislation relating to the Tax Cuts and Jobs Act of 2017. Du...
Allen BrombergerTandem Nonprofit & For-Profit Companies Must Walk Fine LineMay 18th 2018 One of the basic principles of tax-exempt law is that charitable and educational organizations (so-called “501(c)(3)” groups after the correspo...
Allen BrombergerNewman’s Owns Gets a New Life February 12th 2018 On February 9, 2018, President Trump signed into law the Philanthropic Enterprise Act of 2017 as part of the Bipartisan Budget Act of 2018...
Allen BrombergerIRS Declares War on Commercial Charities December 14th 2017 This quarter, the IRS released the latest in a series of tax-exemption denials based on the presence of too much commercial activity by a ...
Allen BrombergerIRS Says Benefit Corporations May Treat Payments to Charity as a Business Expense October 26th 2016 The IRS just released Information Letter 2016-0063, confirming that a “benefit” corporation may deduct payments to charity as an ordinary b...
Allen BrombergerFaster but Tougher – IRS Review Focuses on Private Benefit and Commerciality August 6th 2015 The Exempt Organizations division of the IRS is functioning again judging from the considerable improvement we’ve been seeing in the time it ...
Allen Bromberger"Law in the Fourth Sector" on Filevine's PodcastCan you really have it all? Can you have a profitable job and live true to your values by making the world a better place? Let's discuss!
Allen BrombergerIRS Says Agreement With For-Profit Won’t Jeopardize Nonprofit Group’s Exempt StatusOctober 20th 2014 On October 3, 2014, the Internal Revenue Service (IRS) issued a Private Letter Ruling (PLR 201440023) that opens the path for charities to ...
Allen BrombergerCanada Creates a New Hybrid Legal Form for Social Enterprise March 26th 2013 The government of British Columbia recently approved regulations providing for the creation of “community contribution companies” (CCCs), a n...
Allen BrombergerNew York City Bites the Hand that Feeds It January 7th 2013 Many New York City nonprofit organizations that use their properties for charitable and educational purposes have long enjoyed exemption fro...
Allen BrombergerThree Denials – IRS draws the line between business and charity October 2nd 2012 The IRS recently denied tax-exempt status to two organizations who were deemed to conduct too much “business” activity and not enough “chari...