The United States consistently ranks as one of the more generous countries in the world and its large, diverse and wealthy donor base makes it an important target market for fundraisers. Non-US organisations that are considering accessing the US market may be aware that US charities are formed as 'Section 501(c)(3)' organisations, but may not know much about the complex sets of rules that govern US charitable organisations at both the US federal and state level.
Organising and Operating a US Charity - A Guide to US 501(c)(3) Organisations provides the reader with a quick reference guide to the issues that face Section 501(c)(3) organisations, both from a practical and a technical perspective. The guide gives a broad overview of the US federal tax system that applies to charitable organisations, highlighting the most important considerations.
This guide will be of use alike to existing 501(c)(3) organisations, to bodies in the US and in other territories that are contemplating 501(c)(3) status, and to individuals considering their charitable giving options.
About the author
Kristin is a an experienced U.S. and international transactional tax attorney based at Butler Snow LLP’s London office.
Kristin advises individuals and their companies on US and international transactional tax matters, including cross-border sales and acquisitions, intellectual property structuring, hedge and private equity funds, and tax-efficient US inbound and outbound business and investments. She also regularly advises on foreign tax credit and treaty planning.
Kristin helps clients consider tax-efficient giving, including through personal philanthropic vehicles, and advises clients on creating and operating US tax-exempt 'public charities' and 'private foundations' under US Section 501(c)(3).
Jaime McLemore is a US qualified Associate at Withers LLP on the US Wealth Planning team in London and advises on a wide range of US tax issues, including charitable giving and structuring. Jaime specialises in advising individuals with regard to both lifetime and legacy charitable gifts as well as advising US and non-US non-profit organisations with regard to US tax and compliance matters. Jaime also advises more generally on US estate planning and trust structuring for private clients. Jaime recently co-authored an article about the impact of the Foreign Account Tax Compliance Act on non-US charities.