Welcome to your daily briefing on nonprofit developments in North Carolina. Today we're covering 8 key stories including updates on north carolina nonprofit headlines, background & context. Let's dive in.
5 stories
The North Carolina Community Foundation is accepting grant applications from nonprofits for funding across community initiatives, education, health, human services, and other program areas.
This gives NC nonprofit professionals a direct pathway to secure operational and program funding from one of the state's largest community foundations.
A new state webpage centralizes links to grant programs across all North Carolina government agencies.
Nonprofit professionals in NC can now find funding opportunities from multiple agencies without searching individual department sites.
The NC Secretary of State's Charitable Solicitation Licensing Section offers a quick way for donors to check an organization's background before making donations.
For NC nonprofit professionals, understanding this donor verification process helps build public trust and highlights the importance of maintaining proper licensing and transparent operations.
Effective July 15, 2021, the North Carolina Secretary of State requires a completed, signed, and notarized signature page to be uploaded as part of the online application process for charities.
North Carolina nonprofit professionals must ensure compliance with this updated filing requirement to maintain good standing with the state.
The Duke Energy Foundation has allocated $500,000 for North Carolina nonprofits to fund parks, water and habitat restoration projects, with individual grants of $25,000 available and applications due March 13.
This funding opportunity gives NC nonprofit professionals a straightforward path to secure significant support for environmental projects that benefit local communities.
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3 stories
The streamlined Form 1023-EZ is available only to organizations meeting specific limits on projected revenue, assets, and activity types. Remove this sentence entirely, or replace with: 'Organizations should consult the IRS instructions for Form 1023-EZ or speak with a qualified tax professional to determine eligibility.' 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.
Most states require charities soliciting donations from their residents to register before solicitation, regardless of where the charity is based. "Solicitation" includes web fundraising pages accessible to residents, not just direct mail. Compliance gaps surface during state attorney-general inquiries or unrelated litigation discovery.
Penalties range from civil fines to suspension of solicitation rights in the state. Larger consequences include negative coverage in donor research databases that fund foundation grants.
The IRS-recommended COI policy requires (1) annual disclosure by all directors and key employees, (2) a process for review of any disclosed conflict, (3) recusal procedures, and (4) documentation in board minutes. Policies that have only the disclosure form without the review and recusal process do not satisfy the recommendation.
A weak COI policy is a Schedule L disclosure waiting to happen, and Schedule L disclosures correlate with future IRS examination selection.
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