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Nonprofit Donor Information Disclosure (CRS Report for Congress)

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Release Date Revised Aug. 1, 2019
Report Number LSB10187
Report Type Legal Sidebar
Authors David H. Carpenter
Source Agency Congressional Research Service
Older Revisions
  • Premium   Revised Aug. 14, 2018 (3 pages, $24.95) add
  • Premium   Aug. 4, 2018 (3 pages, $24.95) add
Summary:

In July 2018, the Internal Revenue Service (IRS) announced that certain organizations that are exempt from paying federal income tax (tax-exempt organizations or EOs) under the Internal Revenue Code (IRC), including social welfare organizations, labor unions, and trade associations, will no longer be required to disclose the names and addresses of their substantial donors in Schedule B of their annual Form 990 returns to the IRS. Charitable tax-exempt organizations described in IRC Section 501(c)(3), which are statutorily required to disclose certain donor information, were not impacted by the July 2018 policy.