Monday, October 20, 2014

Vote "yes" for raffle amendment - Post and Courier

Vote "yes" for raffle amendment - Post and Courier: "Buying raffle tickets has, for years, been an easy way to support charities. Easy, but illegal.

That's right. The dollar you spent for a chance to win a new blender? Illegal.

One of the best ways you can help non-profits is at the polls on Nov. 4. You can vote "yes" to changing the S.C. Constitution so that raffles for charitable purposes are no longer illegal. Presently, the Constitution allows only the state to conduct lotteries."



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Friday, October 17, 2014

National Insurance 'should be an eligible tax for gift aid purposes'

National Insurance 'should be an eligible tax for gift aid purposes': " report released today by nfpSynergy has called for National Insurance to be treated as a tax for gift aid purposes, so that more people will eligible for gift aid.
The report Give and let give: A briefing on gift aid and how it can be made better, released today by nfpSynergy, looks at the history of gift aid and makes four key recommendations for its future. It states that including National Insurance as an eligible tax for gift aid purposes would help tackle the impact of the raising of income tax thresholds to over £10,000 per year. The impact on charities is that donors who were previously eligible for gift aid are no longer, meaning that gift aid will be reaching fewer people, not more."



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Thursday, October 16, 2014

Mass. AG’s Suit Meshed With Aims of Backer’s Nonprofit – Philanthropy Today - Blogs - The Chronicle of Philanthropy

Mass. AG’s Suit Meshed With Aims of Backer’s Nonprofit – Philanthropy Today - Blogs - The Chronicle of Philanthropy: "A lawsuit filed by Massachusetts Attorney General Martha Coakley over federal mortgage agencies’ refusal to sell foreclosed homes to nonprofits that want to return them to the original owners appears to be in sync with the interests of an organization run by the co-chair of her campaign-finance committee, according to The Boston Globe."



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Legal challenge over charity donations creates controversy at co - Tucson News Now

Legal challenge over charity donations creates controversy at co - Tucson News Now: "The issue revolves around how some tax dollars are spent. The board voted unanimously on Tuesday to release a county attorney's opinion whether supervisors can give excess money from their office budgets, tax dollars, to nonprofit organizations of their choice.

The attorney's conclusion was supervisors may legally make small monetary awards under certain conditions. Each supervisor gets just under $400,000 a year to manage his or her office."



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Thursday, October 02, 2014

The Public Wants Clear Rules About Campaign Giving Through Tax-Exempts. Is It Possible?

The Public Wants Clear Rules About Campaign Giving Through Tax-Exempts. Is It Possible?: " poll released today by the conservative Hudson Institute and the liberal group Public Citizen finds that nearly 9 in 10 voters surveyed favor clear rules that define political activities by non-profit tax-exempt organizations. The public’s desire for clarity is not surprising, given the amount of undisclosed campaign money that is flooding through tax-exempt 501(c)(4) social welfare organizations and the seeming inability of the IRS to regulate political tax-exempts."



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Charity shop growth at the lowest level for years

Charity shop growth at the lowest level for years: "The charity shops sector is still growing, but more slowly than before, according to the Charity Shops Survey 2014, published today by Charity Finance and Fundraising magazines.

The report shows the number of shops was up 1.7 per cent, while profit was up 3.2 per cent and income was up 7.8 per cent."



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Department Of Finance Releases Draft Legislation To Implement Changes To Charitable Bequests - Corporate/Commercial Law - Canada

Department Of Finance Releases Draft Legislation To Implement Changes To Charitable Bequests - Corporate/Commercial Law - Canada: "On August 29th, the Department of Finance released draft legislation to implement changes proposed in the 2014 Budget with respect to charitable bequests.  Other changes proposed in the 2014 Budget were introduced in legislation released earlier this year.

Current rules

Under the current rules, there are three categories of gifts that can be made upon an individual's death:"



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Wednesday, September 24, 2014

Law Commission proposes statutory power to make social investment

Law Commission proposes statutory power to make social investment: "The Law Commission has recommended new rules to give charities a statutory power to make social investments in a  paper published today.

A report, entitled Social Investment by Charities: The Law Commission’s Recommendations, says that generally charities already have the power to make social investments, but there is a lack of clarity among many trustees about exactly what they are allowed to do.
The report follows a consultation earlier this year which was broadly welcomed by the sector."



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Wednesday, September 17, 2014

Tuesday, September 16, 2014

Amazing Raise returns tomorrow, sets $2 million goal - RVANews

Amazing Raise returns tomorrow, sets $2 million goal - RVANews

The 4th annual Amazing Raise, the 36-hour online fundraiser supporting local nonprofits, begins tomorrow at 6:00 AM. The Community Foundation,
organizers of the annual fundraiser, hopes to raise $2 million for the
619 local nonprofits participating in this year’s event.


So how does it work?

Study: Rep. Camp’s Tax Plan Could Cut Giving by $34-Billion – Philanthropy Today - Blogs - The Chronicle of Philanthropy

Study: Rep. Camp’s Tax Plan Could Cut Giving by $34-Billion – Philanthropy Today - Blogs - The Chronicle of Philanthropy

A new analysis of House Ways and Means Committee Chairman Dave Camp’s
tax-reform proposal predicts it would reduce U.S. charitable giving by 7
percent to 14 percent, The Hill
reports. That could mean up to $34-billion in lost donations, based on
last year’s total giving of $240-billion, according to the study from
the Tax Policy Center and the Urban Institute’s Center on Nonprofits and
Philanthropy.

Thursday, September 11, 2014

No charge to register with Northern Irish charity regulator, says Frances McCandless | Third Sector

No charge to register with Northern Irish charity regulator, says Frances McCandless | Third Sector

The chief executive of the Charity Commission for Northern Ireland moves to quash a rumour that it will make charities pay when they apply to go on the compulsory register

Wednesday, September 10, 2014

Federal Government Clarifies New OMB Grant Reforms | Common Good Vermont Blog

Federal Government Clarifies New OMB Grant Reforms | Common Good Vermont Blog 



The federal government has taken steps to deliver on its recent promise
that nonprofits will be paid the true costs for performing work on
behalf of governments. In recently published Frequently Asked Questions(FAQs),
the federal Office of Management and Budget (OMB) removes much of the
gray area in the mandate that pass-through entities (typically state and
local governments) using federal funds must pay federally negotiated
rates for indirect cost or, if such a rate doesn’t exist, pay at least a
10 percent rate to eligible nonprofits.

AFP's Response to National Post Article on Policing of Political Activities of Charities - Press - AFP

AFP's Response to National Post Article on Policing of Political Activities of Charities - Press - AFP

Recently, Andrew Coyne penned this column in
the National Post focused on the policing of political activities of
charities. Coyne concluded that the best means of addressing the
situation is to “take away the charitable tax designation—not
selectively, based on their ability to dance on the head of a CRA pin,
but across the board, outright.”