Charity Therapy Podcast
138: Trump Vs. Harvard | Can the President Revoke a Nonprofit’s Tax-Exempt Status?
In this episode of Charity Therapy, we’re tackling a big question from the headlines – can the President choose whether you get tax exemption? While President Trump may threaten a university like Harvard, what can he actually do?
Meghan and I break down what the President can and cannot do with nonprofits AND what it would like to really lose your tax exemption. Spoiler alert – it’s not a quick process! In this episode, we’ll bust some myths and give you the lowdown on how these things really work and what to do if you ever find yourself in a sticky situation.
Worried about the political winds shifting against your nonprofit? You’re not alone! We’re tackling those concerns head-on, especially for organizations whose missions might not sit well with the Trump administration. We’ve got your back with some solid strategies to stay resilient, like focusing on building strong relationships with donors and staying on top of IRS compliance. Remember, it’s not about panicking but being prepared and informed.
The main message is this: don’t let fear take the wheel. Whether you’re worried about rule changes or just want to make sure your nonprofit is on solid ground, we’re here to guide you through it all with a smile and a bit of humor. So tune in, get comfy, and let’s navigate these political waters together!
In this episode, you will hear:
- How the IRS goes about revoking an organization’s tax exempt status
- Whether the president can single-handedly revoke a nonprofit’s tax status
- What powers the president really has in an executive order over nonprofits
- How nonprofits in hot-button mission areas can prepare to weather the storm of increased scrutiny under this administration
- The important preventative measures every nonprofit should be taking, no matter the political environment
Follow and Review:
We’d love for you to follow us if you haven’t yet. Click that purple ‘+’ in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.
Recent Podcast Episodes
170: Shots Fired! | Can a Nonprofit Fire Its Own Board?
169: Different Flavors, Same Ice Cream | How Can a Nonprofit Organization Offer Retirement Benefits? with Christopher Tipper
168: Oh, You Dreamers | Can a Flat Organizational Structure Work for a Nonprofit? with Dr. Pablo Otaola
167: A Lawsuit Magnet | Do Nonprofits Really Need Directors and Officers Insurance? With Cody Wiswasser
166: This Could Have Been An Email | What Is Nonprofit Strategic Planning? with R. Perry Monastero
165: The Past Tense of Sync | How to Get a New IRS Determination Letter
164: Ermahgerd! | How to Evaluate Executive Director Performance with Debbie Rabishaw
163: A Runway of Snacks | Can a Religious Nonprofit Apply for Status with the IRS 1023-EZ Short Form?