Title Holding Companies Have Limited Uses

Entities must be formed for the exclusive purpose of acquiring property, collecting income, and remitting it to exempt organizations.

Title holding companies, though permitted since 1916, are not used frequently today. They may be appropriate in certain limited situations, but there is very little formal guidance on their operation and not a great deal of technical literature on the requirements to retain their exemption. Be careful to study the situation fully before utilizing a title holding company in your program.

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Fiscal Sponsorship: For the Funders, Sponsors and the Sponsored
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Fiscal sponsorship is a time-honored method to spawn new charitable activity when the people with the vision and the energy to do the work do not have recognition of federal tax-exempt status.

It can function smoothly as an incubator of important new projects. Or it can function badly as a serious trap for the unwary.

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* Status of the new annual report requirement for Pennsylvania nonprofit corporations.
* Updates on charitable solicitation registration issues.
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* Special issues with charitable trusts, including one holding that many minor breaches of fiduciary duty can add up to a significant breach of duty.
* Other interesting cases, including one holding that donor lists are not trade secrets subject to protection from use by a former fundraiser.

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October 29, 2024

Marketers love to make their prospects feel special. But they sometimes don’t seem to want you to think about what they say to do it.

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Title Holding Companies Have Limited Uses

Title Holding Companies Have Limited Uses