Welcome to your daily briefing on nonprofit developments in New Hampshire. Today we're covering 6 key stories including updates on new hampshire nonprofit headlines, background & context. Let's dive in.
3 stories
Simon Delekta, vice president of community engagement and impact at the New Hampshire Charitable Foundation, shared updates on the new Opioid Abatement Community Grants Program, the Racial Justice Fund, and upcoming deadlines.
These funding streams offer critical support for NH nonprofits addressing substance use disorders and racial equity in their communities.
The New Hampshire Community Foundation has introduced a new Responsive Grants program featuring a rolling deadline and streamlined application process for nonprofits serving Granite State communities, announced by Simon Delekta, vice president of community engagement and impact.
The simplified process and ongoing deadline reduces administrative burden and allows NH nonprofit professionals to apply when ready rather than racing against fixed cycles.
The NH Center for Nonprofits maintains a funding alerts page listing current grant opportunities for New Hampshire nonprofits.
Nonprofit professionals in NH rely on timely funding alerts to identify revenue sources that sustain their missions and community impact.
Reach professionals in this market
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.
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.
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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