Monday, January 29, 2007

ContraCostaTimes.com | 01/28/2007 | Richmond groups get charitable boost

ContraCostaTimes.com | 01/28/2007 | Richmond groups get charitable boost: "OUR NEIGHBORS: CHRIS TREADWAY
Richmond groups get charitable boost

Since its founding in 1921 in Oakland, Soroptimist International has grown into the largest organization for business and professional women in the world, with more than 3,000 chapters.

The Richmond chapter was chartered in March 1939, and ever since, the local group has raised money that it gives annually to community causes. That tradition continued at a Jan. 11 luncheon at historic Rockefeller Lodge in San Pablo, when the Richmond Soroptimists awarded $45,000 to local organizations that provide services and programs to the community."

Wednesday, January 24, 2007

Financial Advisor Magazine-Charitable IRA Rollovers Prove Popular

Financial Advisor Magazine:
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"Now groups including the NCPG, the American Council on Gift Annuities, the Association of Fundraising Professionals, the Council for Advancement and Support of Education, and Independent Sector are working on legislation that would make the rollovers permanent, remove contribution limits and allow donors to give money through trusts and donor-advised funds.
A version of the expanded provision passed both houses of Congress in the last session, but didn't make it into committee. Johnson and others in the sector say they expect the new legislation to be introduced in this session of Congress."

Friday, January 19, 2007

Lawmakers to consider ethics changes to help college donations - Newsday.com

Lawmakers to consider ethics changes to help college donations - Newsday.com: "The Office of State Ethics is working to revamp a new law so it doesn't cost state schools and universities millions of dollars in corporate donations for scholarships and research.

The law, a reaction to recent government scandals, is designed to prevent contractors who do business with the state from using gifts to buy access and influence."

Seacoast Online Breaking News: N.H. court clarifies rules for tax-exempt nonprofits

Seacoast Online Breaking News: N.H. court clarifies rules for tax-exempt nonprofits: "N.H. court clarifies rules for tax-exempt nonprofits

By Katharine Webster, Associated Press Writer

CONCORD - In a broad ruling Thursday, the state Supreme Court clarified the standards nonprofit organizations must meet to win exemption from local property taxes.

The ruling came in a dispute between Eldertrust of Florida Inc. and the town of Epsom, where Eldertrust owns a nursing home, Epsom Manor, and an assisted living facility, Heartland Place."

Thursday, January 18, 2007

MaltaToday

MaltaToday: "NGOs slam voluntary organisations bill as Big Brother paternalism

James Debono
The Voluntary Organisations Bill may prove to become a boomerang for Maltese non-governmental organisations. After being the first to call for a law to regulate the voluntary sector, they are now up in arms against a bill they fear will stifle their independence."

The Morning News: Topics : Panel Proposed To Oversee Charitable Bingo, Raffles

The Morning News: Topics : Panel Proposed To Oversee Charitable Bingo, Raffles: "Despite approval in November of a constitutional amendment that allows charitable bingo and raffles in Arkansas, it will be July 1 before people can legally begin playing the games, according to a bill filed Wednesday in the Legislature.

Senate Bill 87 by Sen. Steve Faris, D-Malvern, would create a five-member Charitable Bingo and Raffles Oversight Commission, It would be responsible for developing rules to govern raffles and charitable bingo games in Arkansas."

Tuesday, January 16, 2007

The York Daily Record - Clubs: Raffle law is unfair

The York Daily Record - Clubs: Raffle law is unfair: "Clubs: Raffle law is unfair
Inspections of nonprofits' games of chance aren't because of casinos, official says.
By TOM JOYCE
Daily Record/Sunday News
Article Launched: 01/15/2007 06:40:35 AM EST

At bottom: · LICENSES
Jan 15, 2007 — American Legion Post No. 799 in Pleasureville has been complying with the law in recent months. And it has been losing money as a result, according to post commander John Crimmins.

Before that, members didn't realize they were violating the law, Crimmins said. Like other American Legion posts and a lot of other nonprofit clubs, volunteer fire companies and churches, the post raises money through small games of chance, such as raffles and strip tickets."

New law revives CSUB's annual Casino Night - Today's Paper > Local News | Bakersfield.com - Kern County news, events, shopping & search

New law revives CSUB's annual Casino Night - Today's Paper > Local News | Bakersfield.com - Kern County news, events, shopping & search: "New law revives CSUB's annual Casino Night
BY SHELLIE BRANCO, Californian staff writer
e-mail: sbranco@bakersfield.com | Monday, Jan 15 2007 10:35 PM

Last Updated: Monday, Jan 15 2007 10:42 PM

Cal State Bakersfield knows how to hold 'em, but last year, had to fold 'em.

The school had to remove the casino from its annual Casino Night dinner and fundraiser last February after the California Attorney General's office cracked down on nonprofit gambling fundraisers.

Now a new state law is bringing the school back to the big table."

Monday, January 08, 2007

Charitable giving making a difference

Charitable giving making a difference: "he local philanthropic scene is also doing well. Gloria Royal, the Kalamazoo Community Foundation's vice president for marketing communications, reported that 2006 gifts are at $11 million, a slight increase over the 2005 number. However, last year's contributions are still being counted, so the final figure is not known.

Royal said the foundation was especially pleased with 2006 congressional tax legislation that provided incentives for wealthy people to give to charity. Royal said that 12 people took advantage of the legislation and pledged a collective $24 million to the foundation."

Saban: Will college football remain tax-exempt? - The Clarion-Ledger

Saban: Will college football remain tax-exempt? - The Clarion-Ledger: "Saban: Will college football remain tax-exempt?

New University of Alabama head football coach Nick Saban's reported $32 million ($4 million annually) contract may bring renewed scrutiny of big time college athletics by Congress.

USA Today reported Friday that the U.S. House Ways and Means Committee has asked the NCAA to explain - among other things - why coaches are paid so much and whether athletic departments with up to $105 million in revenue deserve tax-exempt status."

Friday, January 05, 2007

St. Paul Pioneer Press | 01/05/2007 | Nonprofits get billions from state but oversight lacking, study says

St. Paul Pioneer Press | 01/05/2007 | Nonprofits get billions from state but oversight lacking, study says: "Nonprofits get billions from state but oversight lacking, study says
BY RACHEL E. STASSEN-BERGER
Pioneer Press

Minnesota paid nonprofit organizations $4.7 billion in 2005 but lacked proper oversight of nonprofit grants and had a 'fragmented and inconsistent approach' to managing grants, a state legislative audit report found.

The report, released this morning, found it particularly problematic that some of the funds were granted by the Legislature — not through a competitive bidding process.

It also found agencies' nonprofit policies were patchy and inadequate."