Welcome to your daily briefing on nonprofit developments in Kentucky. Today we're covering 10 key stories including updates on kentucky nonprofit headlines, kentucky nonprofit updates, background & context. Let's dive in.
5 stories
Comprehensive solutions (and free resources) to help manage your fundraising, tax exemption, license renewals, and other nonprofit compliance activities in Kentucky, and across the US.
Relevant to nonprofit professionals operating in KY.
Discover Kentucky's NPLC: Your trusted partner in legal and professional services, ensuring expert guidance and support.
Relevant to nonprofit professionals operating in KY.
We award annual grants to nonprofit organizations delivering civil legal aid and law-related education across Kentucky.
Relevant to nonprofit professionals operating in KY.
Through the Community Foundation of Louisville's grantmaking initiatives and funding opportunities, we’re investing in local nonprofits, organizations, and community members to do more, dream bigger, and spark meaningful and measurable….
Relevant to nonprofit professionals operating in KY.
The Kentucky FFA Association is a student-led organization whose mission is to make a positive difference in the lives of students by developing their potential for premier leadership, personal growth, and career success through….
Relevant to nonprofit professionals operating in KY.
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2 stories
The Blue Grass Community Foundation is offering grant programs to support grassroots nonprofits, youth wellness, and early childhood literacy initiatives.
Kentucky nonprofit professionals can leverage these funds to advance community-focused programs and organizational growth within the state.
The Kentucky Nonprofit Professionals organization provides a directory of its nonprofit members for networking and collaboration.
This resource allows nonprofit professionals in Kentucky to identify potential partners and peers within the state's sector.
3 stories
Negligent-screening claims arise not from failing to have a screening policy, but from failing to follow the policy that exists. A documented policy with inconsistent enforcement is harder to defend than no policy at all, because the deviation is evidence of negligence.
Insurance carriers tighten coverage on organizations with screening-process gaps. The cost of consistent enforcement is small; the cost of a single uninvestigated incident can close the organization.
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.
Unrelated business income tax applies when an activity is regularly carried on, is a trade or business, and is not substantially related to the exempt purpose. Common surprises: corporate-sponsored events with naming rights that look like advertising, affinity credit-card royalties that include co-marketing services, and gift-shop sales of items unrelated to the mission.
UBIT exposure can cost both tax and exempt status if the unrelated business becomes substantial. The line between sponsorship (excluded) and advertising (included) is narrow and case-specific.
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