Articles on tax exempt

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University of Michigan star forward Yaxel Lendeborg revealed that he’d been offered millions of dollars to transfer to another school. Gregory Shamus/Getty Images

The nonprofit status of NCAA athletic departments is starting to raise questions

In an era of billion-dollar TV deals and million-dollar payments to players, the tax code continues to treat university athletic departments as organizations that promote education and amateur sports.
Jason Van Tatenhove, a former national spokesman for the Oath Keepers, has testified about the group’s extremism. Kevin Dietsch/Getty Images

IRS granted tax‑exempt status to extremists, including an Oath Keepers foundation – here’s why that’s not as surprising as it sounds

The First Amendment, along with a lack of clarity on what counts as an educational mission for charities, can lead authorities to approve applications from extremist groups.
Mark Zuckerberg and Priscilla Chan are giving billions to charity through their donor-advised fund instead of a traditional foundation. Jeff Chiu/AP Photo

Donor‑advised funds: Charities with benefits

As these tax-exempt vehicles transform philanthropy, they’re drawing more scrutiny. Will Congress or the Trump administration tinker with the rules that encouraged their rapid growth?

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