Fishman, Schwarz, Mayer, and Colinvaux's Taxation of Nonprofit Organizations, Cases and Materials, 6th

This casebook is a tax-focused adaptation of the authors' pioneering and widely used casebook, Nonprofit Organizations: Cases and Materials. Topics covered include organizational and operational requirements and limitations for tax-exempt status for charitable and mutual benefit organizations, private foundations, the unrelated business income tax, and the charitable contributions deduction. An introductory chapter provides valuable perspective and a concise overview of the nontax considerations affecting choice of legal form for a nonprofit organization. The Sixth Edition incorporates all important new legislative, judicial and regulatory developments, including:

• changes to the charitable contributions deduction and the excise tax on large university endowments made by the One Big Beautiful Bill Act
• discussion of the Supreme Court’s decision striking down race-conscious college admissions and its impact on qualification for charitable tax exemption, grantmaking, scholarships, and other programmatic activities of nonprofit organizations
• expanded coverage of the illegality doctrine, with a new problem
• reorganization of the materials on the limitations on lobbying and political campaign activities of §501(c)(3) organizations and the use of alternative structures for advocacy and electioneering
• revised policy and practical discussion of donor-advised funds and other grantmaking alternatives to private foundations

Perfect for instructors seeking more intensive tax-focused coverage, this spin-off edition has been carefully customized for use in 2 or 3-unit J.D. and LL.M. courses on taxation of nonprofit organizations. Each chapter contains a rich mix of materials, including well-edited cases, major rulings, policy excerpts, lively notes and questions, skillfully designed problems, and bibliographic references.