Welcome to your daily briefing on nonprofit developments in Indiana. Today we're covering 8 key stories including updates on india nonprofit headlines, india nonprofit updates, background & context. Let's dive in.
5 stories
The Community Foundation of Southern Indiana offers nonprofit organizations continuous grant opportunities to support their missions and address community needs.
IN nonprofit professionals can access flexible, ongoing funding without waiting for seasonal application windows.
The Central Indiana Community Foundation maintains a grants and resources webpage for organizations seeking funding and support.
IN nonprofit professionals can access this hub to identify potential funding streams and capacity-building tools serving the Indianapolis and central Indiana region.
Candid offers fully digitized and searchable Form 990 and 990-PF filings online.
Indiana nonprofit professionals need quick access to financial transparency documents for compliance, benchmarking, and grant research.
The Lilly Endowment provides grants to community foundations and United Ways working to enhance quality of life and prosperity for Indiana residents.
Nonprofit professionals in IN should understand this major funding stream that directly supports local community infrastructure and capacity building across the state.
The Indiana Nonprofit Database is an online resource hosted by STATS Indiana that provides information on nonprofit organizations operating within the state.
Nonprofit professionals in IN can leverage this database for sector research, benchmarking, and strategic planning.
Reach professionals in this market
0 stories
3 stories
Private inurement is benefit flowing to insiders (officers, directors, key employees); it is an absolute prohibition. Private benefit is benefit to outsiders that is more than incidental to the exempt purpose; it is a question of degree. Both can revoke exemption, but the legal analysis differs.
Insider transactions trigger automatic intermediate sanctions even when the exemption survives. Outsider benefit triggers a facts-and-circumstances analysis. Distinguishing them shapes the defense.
The streamlined Form 1023-EZ is available only to organizations meeting specific limits on projected revenue, assets, and activity types. Filing 1023-EZ when ineligible produces a determination that is technically valid but vulnerable to retroactive revocation if discovered. The full 1023 is harder to file but harder to challenge.
Loss of exemption is retroactive to the original determination, exposing the organization to back-tax liability. The eligibility checklist is the only protection.
Donor-restricted gifts must be tracked separately and used only for the restricted purpose; using them for general operations — even with intent to "pay back" later — is a fiduciary breach and an audit finding. The most-common fact pattern: cash-flow shortage in operations, restricted-grant balance available, transfer "borrowed" with no formal repayment plan.
State attorneys general have authority over restricted-gift compliance and have pursued individual board members and executives. Auditors are required to disclose restricted-fund violations in the management letter.
Get Indiana nonprofit intelligence delivered to your inbox every morning.
Subscribe FreeView all past issues
Feature your brand across the U.S., Canada, and select international markets and 10 industry verticals.
Become a National Partner