Can Nonprofit Change Names?

Can Nonprofit Change Names?

Have you wondered if a Nonprofit can change names? Yes.  In fact, every year, hundreds of nonprofit organizations in California change their name. They do so for a variety of reasons, including: The name is easily confused with another The name no longer being...
Can Nonprofit Board Members Get Paid?

Can Nonprofit Board Members Get Paid?

Can Nonprofit Board Members Get Paid? When founding nonprofit organizations in California, many people ask if they can compensate their board members. It is a reasonable question, especially if the board intends to dedicate a significant portion of its income to the...
How to Donate to Charity in a Trust

How to Donate to Charity in a Trust

Have you been searching for a way to use your assets to support your favorite nonprofit organization after you pass away? If so, you might want to consider setting up a charitable trust. Trusts of this nature will allow you and your family to help your community while...
Pros and Cons of Fiscal Sponsorship

Pros and Cons of Fiscal Sponsorship

The Pros and Cons of Fiscal Sponsorships There are many pros and cons of fiscal sponsorship.  Forming a nonprofit organization in the state of California can be complicated and time-consuming. If you would like to engage in charitable activities and solicit...
Acknowledging Charitable Contributions

Acknowledging Charitable Contributions

Best Practices for Acknowledging Charitable Contributions Does your San Diego nonprofit accept donations from the general public? If so, you may be wondering how you should acknowledge their generous gifts. Luckily, the Semanchik Law Group is here to provide you with...
Can Nonprofits Accept Crypto

Can Nonprofits Accept Crypto

Can Nonprofits Accept Crypto? The popularity of cryptocurrencies like Bitcoin and Ethereum has surged in recent years. It’s now common for people to buy everything from cars to laptops with these virtual tokens. As a result, you might be wondering whether your...
How to Dissolve Your Nonprofit Organization

How to Dissolve Your Nonprofit Organization

How to Dissolve Your Nonprofit Organization Are you ready to dissolve your California nonprofit organization? If so, it is vital that you follow the correct winding down procedures. Failing to do so may result in fines and other penalties from the IRS. Most charities...
Nonprofit Merger

Nonprofit Merger

Factors to Consider Before Merging with Another Nonprofit A nonprofit merger can be an excellent way to further your cause and serve more people. However, there are a variety of factors your board of directors should consider before pushing forward with a plan of this...
Nonprofit Sales Tax Exemption

Nonprofit Sales Tax Exemption

Applying for a Sales Tax Exemption as a Poverty Relief Nonprofit Under California’s Sales and Use Tax Law, retailers who do business in the Golden State have to pay sales tax on just about every product they sell – unless the state grants them an...
Welfare Exemption

Welfare Exemption

Understanding the Welfare Exemption From San Diego to Sacramento, organizations throughout California work tirelessly to keep their expenses low each year. Most accomplish this feat by reducing waste, automating processes, and negotiating more favorable rates with...