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White House Says Charitable Giving Won’t Be Hurt by Tax Plan - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2012-02-17T13:00:00.000-04:00

White House Says Charitable Giving Won’t Be Hurt by Tax Plan - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: White House Says Charitable Giving Won’t Be Hurt by Tax Plan

By Lisa Chiu

Washington

The White House on Thursday took pains to explain its recent proposals to limit the value of tax breaks that wealthy people can take for their charitable gifts.

Nonprofit leaders are concerned about two parts of Obama’s budget plan announced Monday: one that would limit write-offs for all itemized deductions, including those for charitable donations, to 28 percent for affluent people, compared with the 35 percent rate many wealthy people now pay; and the so-called Buffett Rule, which requires anybody with income of more than $1-million to pay at least 30 percent in taxes.

N.Y. State Issues Plan for Revising Oversight of Nonprofits - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2012-02-17T12:54:00.000-04:00

N.Y. State Issues Plan for Revising Oversight of Nonprofits - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: N.Y. State Issues Plan for Revising Oversight of Nonprofits

February 17, 2012, 9:17 am

A legislative blueprint for overhauling the regulation of charities in New York, released Thursday by the attorney general, would broaden the state’s powers to rein in executive compensation but also offer financial assistance to struggling groups, according to The New York Times.

Preserving Charity Tax Breaks Won't Be Main Goal of Nonprofit Coalition - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2012-02-08T15:20:00.000-04:00

Preserving Charity Tax Breaks Won't Be Main Goal of Nonprofit Coalition - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Independent Sector, a coalition of nonprofits and foundations that has waged a vigorous campaign against proposals to limit the charitable deduction for wealthy people, has now decided to devote more attention to other aspects of budget and tax policy that could harm poor people.

OSCR publishes reference guide on protecting charitable status - Civil Society - Governance - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits

2012-02-08T11:04:00.001-04:00

OSCR publishes reference guide on protecting charitable status - Civil Society - Governance - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits: Scotland’s charity regulator has today published a reference report to help charities understand and address potential issues in meeting the requirements of charitable status.

The Office of the Scottish Charity Regulator (OSCR)'s Protecting Charitable Status is a summary of its reviews over the past six years, used as a guide for charities and information for the public.

'Buffett Rule' Tax Bill Would Preserve Charitable Deduction - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2012-02-08T08:45:00.000-04:00

'Buffett Rule' Tax Bill Would Preserve Charitable Deduction - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Senate Democrats have introduced legislation to require the richest Americans to pay a minimum share of their income in taxes, but allow them to continue claiming a deduction for charitable giving.

The bill, introduced by Sen. Sheldon Whitehouse of Rhode Island, aims to put into effect the so-called “Buffett Rule” that was championed by President Obama in his State of the Union address.

Some Churches Hope Albany Will Act to Allow Renting School Space to Pray - NYTimes.com

2012-02-07T10:00:00.000-04:00

Some Churches Hope Albany Will Act to Allow Renting School Space to Pray - NYTimes.com: The issue of using public schools for religious services has been a matter of debate for decades. Because of a recent federal court ruling that upheld a city policy of not allowing religious services in public schools, dozens of congregations throughout New York have been told that they must move; next Sunday will be the last time they will be allowed to rent space in schools for services.

The Park Slope church got a head start when space at a nearby parish became available.

2012-02-03T10:04:00.000-04:00

Fundraising self-regulation could expand, says new PFRA chair - Civil Society - Fundraising - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits:Charity sector self-regulation is ripe for expansion, according to the new chairman of the Public Fundraising Regulatory Association.

In an interview with civilsociety.co.uk, after three weeks in his role as the first paid PFRA chair, Paul Stallard said that with the Charities Act 2006 review underway this year, the fundraising sector has a chance to prove the effectiveness, and expand the role, of self-regulation.

IRS will eventually catch most online UBI - TheNonProfitTimes

2012-01-23T13:38:00.000-04:00

IRS will eventually catch most online UBI - TheNonProfitTimes: The Internal Revenue Service (IRS) has not caught up to many of the issues raised by Web advertising and merchandising. Yet.

As Jeffrey S. Tenenbaum and Lisa M. Hix of Venable LLP point out, it is likely that the IRS will eventually catch up, and it has already said that its position will be consistent with its policies on off-line revenue.

Consultation asks whether charities should be registered as lobbyists | Third Sector

2012-01-20T14:41:00.000-04:00

Consultation asks whether charities should be registered as lobbyists | Third Sector: A Cabinet Office consultation on plans to set up a register of lobbyists asks whether charities and groups lobbying on their behalf should be required to join the register.

The consultation document, Introducing a Statutory Register of Lobbyists, was published today.

House measure aims to build philanthropy, community foundations in Alaska | The Republic

2012-01-20T14:15:00.000-04:00

House measure aims to build philanthropy, community foundations in Alaska | The Republic: JUNEAU, Alaska — A bill aimed at building philanthropy and community foundations has been introduced in the Alaska House.

He says communities without existing foundations will have a way to get endowed funds in place to support local priorities.

House Bill 290 would create the Endow Alaska grant program. The measure envisions an annual grant to a lead philanthropic organization that in turn would offer grants to community foundations with a 1-to-1 match for every dollar raised.

Young People on Nonprofit Boards? Good Idea, but Know the Law

2012-01-20T13:12:00.000-04:00

Young People on Nonprofit Boards? Good Idea, but Know the Law

Mass. Launches 'Pay for Success' Program to Support Social Services - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2012-01-20T12:58:00.000-04:00

Mass. Launches 'Pay for Success' Program to Support Social Services - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Christie Signs Legislation To Protect Donations To Libraries | njtoday.net – Everything New Jersey

2012-01-20T10:47:00.000-04:00

Christie Signs Legislation To Protect Donations To Libraries | njtoday.net – Everything New Jersey: TRENTON – Gov. Chris Christie this week signed legislation that prohibits municipal library trustees from transferring donated funds to municipalities. The legislation, sponsored by Assemblymen Craig Coughlin (D-Middlesex) and Daniel Benson (D-Mercer), and Senator Joseph Vitale (D-Middlesex), ensures that municipal libraries will be able to retain all funds donated through charitable gifts.

2012-01-19T12:33:00.000-04:00

Does Charity Advocacy Pay Off? - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: A study released today from a foundation watchdog group says that advocacy efforts by charities can pay off, to the tune of billions of dollars to communities.

The National Committee for Responsive Philanthropy study examined 110 charities in 13 states and found that work such as pushing for more aid to schools and housing for the poor resulted in $26.6-billion in benefits to communities over five years. Money for the campaigns came from foundations and other donors.

JCT Publishes List of Expiring Tax Provisions | Planned Giving Design Center

2012-01-19T10:42:00.000-04:00

JCT Publishes List of Expiring Tax Provisions | Planned Giving Design Center: The Joint Committee on Taxation has published a list of expiring tax provisions for 2011 through 2012. Charitable provisions that expired on December 31, 2011 include enhanced charitable deductions for contributions of food inventory, book inventories to public schools, and corporate contributions of computer equipment for educational purposes; a basis adjustment to stock of S corporations making charitable contributions of property; and most, notably, tax-free distributions from individual retirement plans for charitable purposes.

Institute of Fundraising lobbies peers over edited electoral register | Third Sector

2012-01-11T10:14:00.000-04:00

Institute of Fundraising lobbies peers over edited electoral register | Third Sector: Louise Richards, director of policy and campaigns at the IoF, is lobbying a number of peers in advance of the debate. It is strongly against abolition of the register and been warning for some time that the Ministry of Justice is likely to abolish it.

The register does not contain details of people who have opted out of receiving marketing materials and is available for general purchase. It is used by many charities in their fundraising.

The Nonprofit Quarterly | @npquarterly | Occupy the Charitable Tax Deduction

2012-01-11T09:37:00.000-04:00

The Nonprofit Quarterly | @npquarterly | Occupy the Charitable Tax Deduction: Stung, I retreated to my computer, where I spent more than a hundred hours reading research papers, reports from the Joint Committee on Taxation, Office of Management and Budget, Giving USA, Harvard and Boston College Law School journals, Tax Notes, Tax Policy Center, and the Council on Taxes and Philanthropy, among others.

I emerged with a section of the tax code that handcuffs nonprofit organizations from advocating for the very constituencies they were created to serve; costs more than $30 billion a year; is available only to the wealthy; is subject to pervasive abuses that cost even more billions; just might be at least technically unconstitutional under provisions of the First Amendment; and, to top it all off, has never been able to demonstrate that it accomplishes the primary purpose for which it was created.

This is the charitable tax deduction.

4 UBIT facts to understand - TheNonProfitTimes

2012-01-10T08:43:00.000-04:00

4 UBIT facts to understand - TheNonProfitTimes: So, you think you know UBIT? It is no secret that unrelated business income tax (UBIT) is a huge headache, as well as a catastrophe waiting for any nonprofit unaware of it.

In his book “Finance Fundamentals for Nonprofits” Woods Bowman presents a few tidbits about UBIT, some of which are well-known and others that are more obscure. All of them could spell trouble for the unaware. For example:

The Nonprofit Quarterly | @npquarterly | Chicago Will Levy Fees on Cash-Strapped Nonprofits

2012-01-09T12:51:00.000-04:00

The Nonprofit Quarterly | @npquarterly | Chicago Will Levy Fees on Cash-Strapped Nonprofits: The Gazette reports about the phased-in elimination of fee waivers for water, sewer, and other city services for nonprofits which Chicago officials say will generate millions of dollars for the refurbishment of the city’s aging water infrastructure, including the replacement of hundreds of miles of water and sewer pipes.

Payments-in-lieu of taxes or PILOTS, are an attractive solution for cash-strapped state and local governments. They have been increasingly in use this past decade, as municipalities feel more justified in demanding that nonprofits pay their fair share. After all, these are tough times, and everyone is pitching in.

Heard on the Web: Substantiating Charitable Gifts - Specimen Letter To Donor-Clients

2012-01-03T09:03:00.000-04:00

Heard on the Web: Substantiating Charitable Gifts - Specimen Letter To Donor-Clients

SKNVibes | Charitable organisations to discuss mandatory legislation

2011-12-19T11:54:00.000-04:00

SKNVibes | Charitable organisations to discuss mandatory legislation: OADTOWN Tortola BVI, December 15th, 2011 - The Deputy Governor’s Office is inviting members of Non-Profit Organisations (NPOs) and Non-Financial Gain Organisations (NGOs) in the Territory to attend a stakeholders meeting to discuss a mandatory legislation that will affect all charitable organisations.

The meeting will be held on Wednesday, December 21 at the Public Service Training Centre (Training Division) located on the third floor of the Ward Building at 6:00 p.m.

NPOs/NGOs are defined as not-for-profit/non-financial gain organisations that have a board, and have members that collect donations and membership fees, or that trade goods or services in exchange for money, goods or services.

Standard Automobile Mileage Rates for 2012 | Planned Giving Design Center

2011-12-19T09:48:00.001-04:00

Standard Automobile Mileage Rates for 2012 | Planned Giving Design Center: The IRS has issued guidance for standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes for 2012. The rate for rendering gratuitous services to a charitable organization is 14 cents per mile.

IR-2011-120: Filing Deadline Extended to March 30 for Some Tax-Exempt Organizations

2011-12-16T13:14:00.000-04:00

Filing Deadline Extended to March 30 for Some Tax-Exempt Organizations

WASHINGTON — Tax-exempt organizations with January and February filing due dates will have until March 30, 2012, to file their annual returns, the Internal Revenue Service announced today.

IR-2011-120: Filing Deadline Extended to March 30 for Some Tax-Exempt Organizations

IRS offers advice for holiday charitable giving | digitalBURG.com

2011-12-16T08:40:00.000-04:00

IRS offers advice for holiday charitable giving | digitalBURG.com: ST. LOUIS — Any discussion on charitable giving during the holidays has to start with a warning. Watch out for scams!

“Scam artist are active year round,” said IRS spokesman Michael Devine. “Don’t let them take advantage of your good intentions. Research unfamiliar organizations, check with the Better Business Bureau and the state attorney general’s office before making a donation.”

The IRS offers some reminders that individuals and businesses should keep in mind when making contributions to a charity.

New Gift Aid resource launches | Philanthropy UK

2011-12-12T09:11:00.000-04:00

New Gift Aid resource launches | Philanthropy UK: he Chartered Institute of Taxation (CIOT) has launched a new Gift Aid resources website. The aim is to provide a full summary of Gift Aid and related issues for use by charities and tax advisors to philanthropists.

HM Revenue & Customs (HMRC) pays around �1bn a year to charities and other qualifying bodies through Gift Aid.

Senator Criticizes Treasury Department Report on Giving - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-12-07T13:19:00.000-04:00

Senator Criticizes Treasury Department Report on Giving - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: A leading Republican senator is angry about a new Treasury Department report that examines how much two types of organizations distribute to charity each year.

The report studied “supporting organizations,” a type of group that finances the activities of specific nonprofits, and donor-advised funds, which offer a way for people to give cash, stock or other assets and recommend when and to which charities the money is spent.

New York State News on the Net!

2011-12-07T10:16:00.000-04:00

New York State News on the Net!: Program to link needy nonprofits with volunteer legal counsel

NEW YORK –A joint initiative to match volunteer attorneys with nonprofit organizations in need of legal counsel was announced Thursday by Attorney General Eric Schneiderman and New York State Bar Association President Vincent E. Doyle III. The innovative partnership called “Charity Corps” will help improve governance and legal compliance by assisting nonprofits that cannot afford legal counsel.

State Senator Wants Large Non-Profits to Pay Real Estate Taxes | Essential Public Radio

2011-12-06T09:16:00.000-04:00

State Senator Wants Large Non-Profits to Pay Real Estate Taxes | Essential Public Radio: Following a hearing on the ongoing dispute between the University of Pittsburgh Medical Center (UPMC) and Highmark, State Senator Wayne Fontana (D-Pittsburgh) said that legislative action needs to be taken to rein in non-profit organizations that, he said, are clearly driven by profit.

UPMIFA and Real Life: A Case Example | Planned Giving Design Center

2011-12-06T08:35:00.000-04:00

UPMIFA and Real Life: A Case Example | Planned Giving Design Center: The Uniform Prudent Management of Institutional Funds Act (UPMIFA), now enacted in all but two states, has created a new landscape for the administration of charitable endowments. In this article North Carolina CPA Dennis Walsh discusses how planned giving professionals and those advising them should be familiar with UPMIFA provisions and consider its implications when designing new gift agreements.

N.Y. Attorney General Examining Cause-Related Marketing - TheNonProfitTimes

2011-12-05T15:29:00.000-04:00

N.Y. Attorney General Examining Cause-Related Marketing - TheNonProfitTimes: The New York Attorney General recently crossed into what some consider to be the hallowed ground of charities by launching an investigation into cause-related marketing of “pink ribbon” charities. In its own recognition of National Breast Cancer Awareness Month, the New York Attorney General’s Office (the NYAG) is examining charities and commercial partners that are involved in a cause-related marketing campaign representing that a portion of the sales of a product or service will support breast cancer research or screening.

Overall, this initiative highlights the focus of the NY AG in preventing charitable fraud in breast cancer charities. This action also demonstrates that organizations, both charities and marketers, engaging in increasingly popular cause-related marketing campaigns should pay close attention to state regulatory requirements for these activities.

Home | National Council of Nonprofits

2011-12-02T10:46:00.000-04:00

Home | National Council of Nonprofits: The co-chairs of the Joint Select Committee on Deficit Reduction announced in a joint statement on November 21 that the Supercommittee of Congress was unable to reach agreement on a package of spending cuts, tax increases, and entitlement reforms to generate $1.2 trillion in deficit reduction, as mandated by the Budget Control Act passed last August. This means that the immediate threat to the charitable giving incentive will fade with the Supercommittee – Congress will not vote by December 23 on an un-amendable package of tax reforms that radically changes the way the work of

Deductibility rate for charitable donations must be preserved | The News Journal | delawareonline.com

2011-11-22T10:14:00.001-04:00

Deductibility rate for charitable donations must be preserved | The News Journal | delawareonline.com: The United States has long been defined in part by the charitable nature of its people. And from its inception in 1913, the federal income tax code has allowed taxpayers to deduct charitable gifts. In effect, government partners with charitably minded Americans to advance the general welfare.

White House Hosts Meeting on Nonprofit Leadership - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-11-15T12:37:00.000-04:00

White House Hosts Meeting on Nonprofit Leadership - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: White House Hosts Meeting on Nonprofit Leadership

November 14, 2011, 5:07 pm

By Lisa Chiu

The White House has invited leaders from about 200 nonprofits to Washington to take part in a daylong program that will focus on the role of nonprofits and how charities can develop effective leaders.

The event, which takes place Tuesday at the national office of the American Red Cross and is closed to the public, will feature discussions led by White House officials and business and nonprofit leaders.

Charitable Deduction Not Discussed at Deficit Talks - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-11-14T13:01:00.000-04:00

Charitable Deduction Not Discussed at Deficit Talks - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Republican members of the congressional deficit committee are discussing plans that would limit some tax breaks to help close the federal deficit, The New York Times reports. But a top Congressional aide says lawmakers have not been talking about placing any limits on charitable deductions.

The committee is working to trim more than $1.2-trillion from the federal deficit over 10 years.

Accounting Board to Research Nonprofit Financial Standards - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-11-11T11:21:00.001-04:00

Accounting Board to Research Nonprofit Financial Standards - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: he group that establishes standards for financial accounting and reporting has approved two new projects that seek to streamline the way nonprofits complete their annual financial statements.

The Nonprofit Quarterly | @npquarterly | Can You Hear Me Now? Nonprofit Voices at the Supercommittee

2011-11-04T09:18:00.000-04:00

The Nonprofit Quarterly | @npquarterly | Can You Hear Me Now? Nonprofit Voices at the Supercommittee: It could be all for naught, but the latent power of the Congressional supercommittee, charged with slicing a trillion or more off the national deficit, is kind of enormous if certain factors play out. As we have noted before, we hope that the nonprofit sector is making a coherent and noticeable case to the supercommittee amid the hundreds of thousands of dissonant recommendations that have flooded in. And even if the sector does have a coherent, resonant message, will it be heard given the cacophony of monied interests laying siege to supercommittee members?

Grassley Calls on Treasury to Close Supporting Org Pay-Out "Loophole" | Planned Giving Design Center

2011-11-03T07:38:00.000-04:00

Grassley Calls on Treasury to Close Supporting Org Pay-Out "Loophole" | Planned Giving Design Center: n a letter to Treasury Secretary Timothy Geithner and IRS Commissioner Douglas Shulman, Senate Finance Committee member Charles Grassley, R-Iowa, has requested that Treasury complete its study on what he believes to be an exploitive tax loophole being perpetuated via the current pay-out rules for Type III supporting organizations.

2011-11-01T12:06:00.000-04:00

Australia To Redefine Charity In Law: Australia To Redefine Charity In Law
by Mary Swire, Tax-News.com, Hong Kong
01 November 2011

The Australian government has launched a consultation on a new statutory definition of charity, applicable across all Commonwealth laws from July 1, 2013.

The Australian government announced in the 2011-12 Budget that it would introduce a new statutory definition of charity, and a Consultation Paper has subsequently been released outlining the background, including previous recommendations and inquiries, as well as developments that have occurred since 2003, when the issue was last substantially examined.

N.C. Center advocates for nonprofits so they can achieve their missions - Doing Better at Doing Good - NewsObserver.com

2011-10-31T08:38:00.000-04:00

N.C. Center advocates for nonprofits so they can achieve their missions - Doing Better at Doing Good - NewsObserver.com

Ottawa looks at rewriting rules on charitable giving - The Globe and Mail

2011-10-28T10:46:00.001-04:00

Ottawa looks at rewriting rules on charitable giving - The Globe and Mail: The government’s lead minister for the changes said financing will come with more strings attached in an effort to ensure that organizations deliver promised social gains.

While the first steps will be small, the government’s ultimate goal is a shift in public expectations as to the role of government in assisting social causes.

Viewpoints: Are feds set to pull rug from under charities? - Sacramento Opinion - Sacramento Editorial | Sacramento Bee

2011-10-28T09:26:00.001-04:00

Editorial

Viewpoints: Are feds set to pull rug from under charities? - Sacramento Opinion - Sacramento Editorial | Sacramento Bee: ndrew Watt, national president of the Association of Fundraising Professionals, put it this way: "2008 and 2009 were two of the worst fundraising years ever, with significant drops in giving across the board affecting every type of charity. Capping the deduction just when we're starting to see the smallest signs of economic recovery is exactly the wrong move to make."

The Nonprofit Quarterly | @npquarterly | Nonprofits, Tell Congress: “Help, or at Least Do No Harm”

2011-10-26T08:44:00.000-04:00

The Nonprofit Quarterly | @npquarterly | Nonprofits, Tell Congress: “Help, or at Least Do No Harm”: Editor's Note: Last week NPQ published a piece on the charitable tax deduction entitled, "The Nonprofit Sector's Embarrassing Defense of A Maximal Charitable Tax Deduction" written by Rick Cohen. We expected push back on the piece because the position we took is contrary to that taken by a lot of nonprofit leadership groups. So when we received a request from Tim Delaney of the National Council of Nonprofits to be given equal time, we were glad to provide the venue. Read both and let us know what you think!

Grossman pushes for cooperation on tax deals with Erie nonprofits | GoErie.com/Erie Times-News

2011-10-24T09:51:00.000-04:00

Grossman pushes for cooperation on tax deals with Erie nonprofits | GoErie.com/Erie Times-News: Over the past several months, some of the biggest nonprofits in the city of Erie have agreed to pay large amounts of money to help defray the cost of public services.

But the agreements -- involving the Lake Erie College of Osteopathic Medicine, Mercyhurst College and UPMC Hamot -- are all different.

Hurd outlines ways for funders to collaborate with government | Philanthropy UK

2011-10-21T08:45:00.000-04:00

Hurd outlines ways for funders to collaborate with government | Philanthropy UK: Minister for Civil Society Nick Hurd wrapped up the Association of Charitable Foundations’ (ACF) annual conference on Tuesday Oct 18th by outlining three ways government and private funders might collaborate in today’s "challenging environment".

Hurd suggested in a world where "anecdotes will no longer be funded’" and charities must show the measurable impact they are having in order to appease government commissioners and fulfil payment by results funding strategies, charitable trusts might collaborate to create impact measures that were coherent across sub-sectors and cost-effective even for smaller charities.

Our View: Nonprofits won't take a back seat in job creation | The Portland Press Herald / Maine Sunday Telegram

2011-10-20T10:42:00.000-04:00

Our View: Nonprofits won't take a back seat in job creation | The Portland Press Herald / Maine Sunday Telegram: The Maine Association of Nonprofits is feeling steamed after being informed by the governor's office that it's entitled only to alternate seating at Gov. Paul LePage's upcoming job creation summits.

Mormon apostle to Senate: Keep charitable deductions | The Salt Lake Tribune

2011-10-19T13:28:00.000-04:00

Mormon apostle to Senate: Keep charitable deductions | The Salt Lake Tribune: Washington • One of the LDS Church’s leading voices argues that any reform of the tax code should not reduce or remove the deduction for charitable giving, because doing so would hurt churches, charities and the nation as a whole.

Car Donations In IRS Spotlight--Again - TheNonProfitTimes

2011-10-19T10:58:00.000-04:00

Car Donations In IRS Spotlight--Again - TheNonProfitTimes: he Internal Revenue Service (IRS) is calling for public comment on a scheduled reevaluation on the codes that stipulate rules for charitable contributions of certain motor vehicles, boats and airplanes.

Every three years the IRS takes into account new perspectives and ideas on how tax codes can be changed to make processes run smoother and more effective. The last time this code changed was 2005.

massnonprofit.org ::

2011-10-19T08:56:00.000-04:00

massnonprofit.org ::: October 18, 2011 — Six leading Massachusetts nonprofits, representing hundreds more, are spearheading a coordinated lobbying effort aimed at convincing elected officials in Washington to oppose the cap on tax deductions for charitable giving by wealthy donors that President Obama has proposed.

Take Action Today to Oppose Any Tax Reforms That Would Harm Charitable Giving! - Press - AFP

2011-10-19T08:30:00.000-04:00

Take Action Today to Oppose Any Tax Reforms That Would Harm Charitable Giving! - Press - AFP

Grassley questions soaring salaries for CEOs of nonprofits | The Des Moines Register | DesMoinesRegister.com

2011-10-18T08:43:00.000-04:00

Grassley questions soaring salaries for CEOs of nonprofits | The Des Moines Register | DesMoinesRegister.com: U.S. Sen. Chuck Grassley said his skepticism about the nonprofit hospital industry is heightened by the large salaries some executives make running purported charities.

Baucus Announces Hearing to Seek Ways to Efficiently Stimulate Charitable Giving | Planned Giving Design Center

2011-10-17T08:31:00.000-04:00

Baucus Announces Hearing to Seek Ways to Efficiently Stimulate Charitable Giving | Planned Giving Design Center: Senate Finance Committee Chairman Max Baucus (D-Mont.) will convene a hearing on Tuesday to consider how tax reform can efficiently stimulate charitable giving. The hearing, titled "Tax Reform Options: Incentives for Charitable Giving," will take place at 10:00 a.m. on Tuesday, October 18, in Room 215 of the Dirksen Senate Office Building. This hearing is the latest in a set of hearings being held this fall to examine various segments of the economy and tax code.

Charitable Incorporated Organisation delayed until next year - Civil Society - Finance - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits

2011-10-13T09:23:00.000-04:00

Charitable Incorporated Organisation delayed until next year - Civil Society - Finance - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits: The implementation of the new legal form Charitable Incorporated Organisation is not now expected until the first quarter of next year.

And according to law firm Bates Wells and Braithwaite, the proposal to limit availability of CIOs to new charities means the CIO will not initially be available for unincorporated charities wishing to convert.

Giving Watchdog Disputes Bank's Charity Claims in Merger Bid - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-10-05T12:27:00.000-04:00

Giving Watchdog Disputes Bank's Charity Claims in Merger Bid - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: A charity watchdog group is scheduled to appear before a federal agency today to challenge giving claims made by Capital One Financial Corporation, which is touting its charity in bidding to acquire the online banking leader ING, the Associated Press says.

Charitable Deduction Central | Alliance for Charitable Reform

2011-09-30T09:29:00.000-04:00

Charitable Deduction Central | Alliance for Charitable Reform: Charitable Deduction Central

19 Major Nonprofits Lobby To Keep Charitable Deductions - TheNonProfitTimes

2011-09-30T09:28:00.000-04:00

19 Major Nonprofits Lobby To Keep Charitable Deductions - TheNonProfitTimes: Leaders of 19 nonprofits sent a letter to Sen. Max Baucus (D-Mont.), chairman of the Senate Finance Committee and the 12 members of the Joint Select Committee on Deficit Reduction (often referred to as the “Super Committee”), asking them to protect the charitable deduction.

In the letter released yesterday, The Alliance for Charitable Reform (ACR) explains the “potential damage to Americans seeking help from nonprofit services” that limiting the charitable contribution tax deduction.

AG: No pay for charity directors - BostonHerald.com

2011-09-28T15:42:00.000-04:00

AG: No pay for charity directors - BostonHerald.com: The state’s top cop for charities, Attorney General Martha Coakley, yesterday asked legislators to help her quash out-of-control executive compensation by prohibiting nonprofits from paying their directors.

“Unjustifiable compensation of charitable board directors creates inherent conflicts of interest,” Coakley told members of the Joint Committee on the Judiciary, as she called on them to support House Bill 3516.

massnonprofit.org ::

2011-09-28T08:48:00.000-04:00

massnonprofit.org ::: September 22, 2011 — While nonprofits would be able to reduce the payroll taxes they pay if President Obama’s American Jobs Act becomes law, certain benefits available to for-profits under the proposed bill would not be available to nonprofits, raising concerns among some in the sector.

According to Independent Sector, a national network for charities, foundations, and corporate giving programs, nonprofits would not be able to take advantage of:

Can Nonprofits Engage in Political Activity?

2011-09-27T07:29:00.000-04:00

Can Nonprofits Engage in Political Activity?: A 501(c)(3) and a 501(c)(4) are very similar but are ruled by different standards when it comes to political activity such as lobbying.

Calif. Town Pays Claim to Nonprofit Axed Over Critical Comments - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-09-23T11:38:00.000-04:00

Calif. Town Pays Claim to Nonprofit Axed Over Critical Comments - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Calif. Town Pays Claim to Nonprofit Axed Over Critical Comments

September 23, 2011, 10:26 am

The Southern California city of Escondido has paid a $20,000 settlement to a nonprofit group whose social-service contract was canceled after the organization publicly criticized a municipal policy, according to the North County Times.

AFP Opposes Capping Itemized Deductions, Including Charitable, to Pay for President’s Jobs Bill - Press - AFP

2011-09-22T10:25:00.000-04:00

AFP Opposes Capping Itemized Deductions, Including Charitable, to Pay for President’s Jobs Bill - Press - AFP: AFP Opposes Capping Itemized Deductions, Including Charitable, to Pay for President’s Jobs Bill

(Sept. 20, 2011) AFP learned early last week that the President intended to pay for his jobs bill by capping itemized deductions, including charitable deductions for high income taxpayers. AFP is chairing a coalition of groups to oppose any caps that would negatively affect charities.

The Chronicle of Philanthropy summarized the situation in this article.

Arts groups worry about Obama’s plan to cut tax breaks for wealthy - The Washington Post

2011-09-22T10:17:00.000-04:00

Arts groups worry about Obama’s plan to cut tax breaks for wealthy - The Washington Post: President Obama’s plan to fund his $447 billion jobs-stimulus bill by limiting tax breaks for wealthier people is getting a wary reception from arts organizations, which fear that the proposal could cut into already diminishing donations to museums, symphonies, ballets and other groups.

The Nonprofit Quarterly | @npquarterly | Dwindling Money for Nonprofits in FY2012 Budget Appropriations

2011-09-22T09:45:00.000-04:00

The Nonprofit Quarterly | @npquarterly | Dwindling Money for Nonprofits in FY2012 Budget Appropriations: Nonprofit leaders cannot be faulted for wondering what exactly to do. In the spring, the President’s FY2012 budget proposal lasted only a few milliseconds on Capitol Hill before being voted down in the House, after which the House passed the budget introduced by Paul Ryan (R-WI). Of course, Ryan’s budget shows little signs of life because it voucherized Medicare, which polled terribly and led to a Democratic pickup in a special election in Jack Kemp’s old district near Buffalo, New York.

Disaster relief battle looms on Capitol Hill as Reid promises showdown vote on larger aid bill - The Washington Post

2011-09-21T09:10:00.001-04:00

Disaster relief battle looms on Capitol Hill as Reid promises showdown vote on larger aid bill - The Washington Post: The two sides are divided over how much disaster aid to provide immediately and whether a portion of it should “paid for” with cuts to an Energy Department program that subsidizes low interest loans to car companies to build more fuel efficient vehicles.

massnonprofit.org ::

2011-09-21T07:57:00.001-04:00

massnonprofit.org ::: September 15, 2011 — An attempt to make one of three proposed casinos in Massachusetts a nonprofit entity, with earnings to be distributed to nonprofits statewide, failed to gain traction as the House yesterday voted 123-32 to create three casino and one slot machine resorts.

White House Explains Smaller Nonprofit Tax Credits in Jobs Bill - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-09-20T11:16:00.000-04:00

White House Explains Smaller Nonprofit Tax Credits in Jobs Bill - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: The White House says that President Obama’s jobs bill would allow nonprofits to get several tax credits designed to encourage employers to hire veterans and the long-term unemployed.

However, when nonprofit experts examined the legislation’s fine print, they discovered that the dollar amounts available to tax-exempt organizations are about two-thirds of those available to other employers.

Labour government lacked clear aims for the sector, says party's policy review group - Third Sector

2011-09-19T12:30:00.000-04:00

Labour government lacked clear aims for the sector, says party's policy review group - Third Sector: Labour government lacked clear aims for the sector, says party's policy review group

Panel of MPs, peers, academics, charity chiefs and umbrella bodies says party must make up its mind on public services

The Labour government did not have clear aims for voluntary sector policy beyond a general goal of increasing investment, according to a group set up to review the party’s policies.

The party’s civil society policy review group, a panel of Labour MPs, peers, academics, charity chief executives and umbrella bodies, has been set up to scrutinise the party’s record on the voluntary sector when it was in power and to propose policy suggestions that could form the basis for its next manifesto.

Wisconsin Ag Connection - National/World News - Bill Would Establish Charitable Ag Research Groups

2011-09-19T10:38:00.000-04:00

Wisconsin Ag Connection - National/World News - Bill Would Establish Charitable Ag Research Groups: Bill Would Establish Charitable Ag Research Groups
USAgNet - 09/16/2011

Bipartisan bills introduced in the House and Senate on Thursday would establish the legal structure for tax-exempt organizations focusing on agricultural research. The Senate version was introduced by Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) and Committee Member John Thune (R-S.D.).

Nonprofits Fight Proposal to Curb Charity Tax Breaks - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-09-15T11:45:00.000-04:00

Nonprofits Fight Proposal to Curb Charity Tax Breaks - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Nonprofits Fight Proposal to Curb Charity Tax Breaks

September 15, 2011, 9:32 am

By Lisa Chiu

Nonprofits are gearing up to fight President Obama’s plan to pay for his jobs bill in part by limiting charitable deductions. Mr. Obama wants to limit the amount all wealthy people can write off for charitable gifts as well as housing, medical expenses, and other items.

Americans for Community Development, the professional organization for L3Cs

2011-09-15T09:57:00.001-04:00

Americans for Community Development, the professional organization for L3Cs: Legislation authorizing L3Cs is enacted as an amendment to the general limited liability company (LLC) act, rather than as a separate act. This allows L3Cs to take advantage of the flexibility of the LLC format and the existing body of law regarding their governance. Below are links to the LLC laws for the jurisdictions in which the L3C legislation has been enacted:

White House Names New Head of Social-Innovation Unit - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-09-15T08:29:00.000-04:00

White House Names New Head of Social-Innovation Unit - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: White House Names New Head of Social-Innovation Unit

September 15, 2011, 6:50 am

By Suzanne Perry

Jonathan Greenblatt, who served as chief executive of the company that oversees Good magazine and helped create All for Good, an online volunteer database, has been named the new director of the White House Office of Social Innovation and Civic Participation.

Mr. Greenblatt replaces Sonal Shah, who stepped down in August after heading the office since it was created in 2009.

cayCompass.com :: AG: New Charities Bill will go forward

2011-09-14T09:50:00.001-04:00

cayCompass.com :: AG: New Charities Bill will go forward:

AG: New Charities Bill will go forward
By: Brent Fuller | brent@cfp.ky
13 September, 2011
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A proposal to better regulate charities operating in the Cayman Islands that was panned by nearly every charitable organisation in the country last year will still go forward at some stage, Attorney General Sam Bulgin has indicated.

SOI Tax Stats - County Income Data

2011-09-14T09:46:00.000-04:00

SOI Tax Stats - County Income Data: SOI Tax Stats - County Income Data

The County Income Data are based on the addresses reported on individual income tax returns filed with the IRS. The data are presented by county (including state totals) and are available for Tax Years 1989 through 2008 and include:

IRS Updates Rules for Donors and Grantmakers | Planned Giving Design Center

2011-09-14T08:23:00.000-04:00

IRS Updates Rules for Donors and Grantmakers | Planned Giving Design Center: Recently updated Revenue Procedures address the ability of donors to rely on the listing of an organization in Publication 78, Cumulative List of Organizations for purposes of deducting contributions and for making grants from private foundations and donor advised funds. In this article, attorney David Wheeler Newman of Mitchell, Silverberg & Knupp LLP reviews these new rules and summarizes the steps donors and grantmakers should take, along with suggestions for memorializing this important due diligence.

Obama Targeting Charitable Deduction to Fund Jobs Bill | Planned Giving Design Center

2011-09-14T08:22:00.000-04:00

Obama Targeting Charitable Deduction to Fund Jobs Bill | Planned Giving Design Center: The White House has released details of President Obama's $447 billion jobs bill. The plan proposes to finance the measure by reducing the tax benefit wealthier taxpayers receive from their itemized deductions, including the charitable deduction, to 28 percent. Thus, a taxpayer in the 35 percent top marginal bracket who gives $100,000 to charity will receive $7,000 less in tax benefit than they receive today. Similar proposals have failed in the past and charity officials are now arguing the plan would be counterproductive because reducing the tax benefit of the charitable deduction will reduce contributions to and jobs within the nonprofit sector at the same time the government is seeking to increase employment.

Boston Mayor Suggests PILOT Credit to Spur Nonprofit Hiring::

2011-09-14T08:01:00.002-04:00

massnonprofit.org ::: September 12, 2011 — Boston-based nonprofits, such as hospitals, universities, and other nonprofits, that hire jobless city residents would get a credit of up to $1,500 off the amount they are asked to pay to the city in lieu of property taxes under a plan proposed by Mayor Thomas M. Menino.

Calif. College Fund-Raising Arms Face New Disclosure Rules - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-09-13T10:55:00.000-04:00

Calif. College Fund-Raising Arms Face New Disclosure Rules - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: California Gov. Jerry Brown signed legislation last week to subject state colleges’ fund-raising foundations to public-records laws, says the Associated Press.

Senator seeks new tax from nonprofits

2011-09-08T09:34:00.000-04:00

Senator seeks new tax from nonprofits: local lawmaker intends to introduce legislation that would require the University of Pittsburgh Medical Center and insurance provider Highmark, as well as major universities and other large nonprofit entities, to pay real estate taxes on all of their property holdings.

Panel calls for stricter oversight of grants | The Portland Press Herald / Maine Sunday Telegram

2011-09-08T08:52:00.000-04:00

Panel calls for stricter oversight of grants | The Portland Press Herald / Maine Sunday Telegram: AUGUSTA - State agencies should confirm that recipients of public grant money have adequate financial capacity and controls, the Legislature's Government Oversight Committee has concluded.

New legal requirements could help prevent a repeat of problems attributed to the Maine Green Energy Alliance, which won a $3 million federal grant but was terminated for questionable performance last winter after six months and $500,000 in spending.

Campaign Urges Obama to Include Nonprofits in Jobs Plan - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-09-06T11:17:00.000-04:00

Campaign Urges Obama to Include Nonprofits in Jobs Plan - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Independent Sector, a coalition of nonprofits and foundations, has started a petition campaign to persuade the president to include measures that would increase nonprofit employment as part of his proposal to boost the economy.

The campaign encourages supporters to post messages on Twitter using the hashtag “#nonprofits.” The goal is to persuade the White House to make sure that nonprofit groups receive the same federal incentives as businesses for creating new jobs.

Commission produces more detailed Equality Act guidance - Civil Society - Governance - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits

2011-09-06T08:14:00.000-04:00

Commission produces more detailed Equality Act guidance - Civil Society - Governance - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits: The Charity Commission has published new guidance to help charities stay within the law of the Equality Act after charity lawyers complained that its original version was not comprehensive enough.

The guidance aims to assist charities to apply the exemptions in the new Act that allow them to provide benefits to certain members of the public and not others.

NCVO-led group to review the effects and burdens of Charities Act 2006 - Civil Society - Governance - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits

2011-09-06T08:10:00.000-04:00

NCVO-led group to review the effects and burdens of Charities Act 2006 - Civil Society - Governance - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits: NCVO has set up a new group to lead an independent review of charity law, which will shadow the work of the government’s own review of the Charities Act 2006 due to start in November.

Education Group Wrote Fla. Law to Protect Its Corporate Aid - State Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-08-29T11:46:00.001-04:00

Education Group Wrote Fla. Law to Protect Its Corporate Aid - State Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: A new Florida law expanding corporate tax breaks for contributions to a scholarship program was drafted by the nonprofit group that offers the student aid, says The Florida Times-Union.

Step Up for Students, in Tampa, composed and submitted the bill to Republican state Rep. Mike Horner, who subsequently asked the organization to break down each provision in the measure on a “cheat sheet” so he “would not embarrass myself or you” in legislative debates, according to e-mails reviewed by the Jacksonville newspaper.

Don't pick pockets of nonprofits | HamptonRoads.com | PilotOnline.com

2011-08-29T09:21:00.000-04:00

Don't pick pockets of nonprofits | HamptonRoads.com | PilotOnline.com: The Obici Healthcare Foundation's request for a property tax exemption has given Suffolk officials a reason to reconsider the city's policy toward nonprofits.

SOI Tax Stats - SOI Bulletin: Summer 2011

2011-08-29T09:14:00.000-04:00

SOI Tax Stats - SOI Bulletin: Summer 2011: SOI Tax Stats - SOI Bulletin: Summer 2011

NYS Requests Financial Records from Nonprofits - WNYC

2011-08-27T11:23:00.000-04:00

NYS Requests Financial Records from Nonprofits - WNYC: financial records of state-funded nonprofit organizations. A newly-created task force has asked non-profits to provide detailed information, including salaries of top executives earning over $100,000, annual revenue and how much money they pay out to grant recipients.

Benjamin Lawsky, superintendent of the Department for Financial Services, said some state-funded nonprofit groups receive big benefits, like property and corporate tax exemptions, in exchange for the services they provide.

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N.J. Drops Proposal to Require Charities to Tell Donors They Can Earmark Money - State Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-08-19T12:25:00.000-04:00

N.J. Drops Proposal to Require Charities to Tell Donors They Can Earmark Money - State Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: New Jersey regulators have decided not to pursue a proposal to require charities to tell donors they can earmark their contributions for specific programs, an idea that had drawn strong criticism from nonprofit leaders.

IRS Finally Issues Guidance on 2010 Estate Tax

2011-08-17T08:49:00.000-04:00

IRS Finally Issues Guidance on 2010 Estate Tax: "Estates of decedents who died in 2010 finally have guidance from the IRS on how to opt out of estate tax treatment and allocate carryover basis to estate property. The guidance is long overdue, and leaves little time for estates to make decisions that could have a massive tax impact."

Calif. Gets Tougher on Granting Tax Exemptions to Nonprofits - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-08-15T10:55:00.000-04:00

Calif. Gets Tougher on Granting Tax Exemptions to Nonprofits - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: "Tax officials in California are increasingly denying exemptions to nonprofit groups they contend do not do enough to benefit state residents, according to The New York Times."

AICPA Comments on Form 990 | Planned Giving Design Center

2011-08-12T14:02:00.000-04:00

AICPA Comments on Form 990 | Planned Giving Design Center: "In response to Announcement 2011-36 The American Institute of Certified Public Accountants (AICPA) has commented on transitional issues and frequently asked questions involving the redesigned Form 990, Return of Organization Exempt from Income Tax. Of particular interest to charitable gift planners is AICPA's comment regarding the IRS' concern for protecting the identity of donors to split interest trusts by allowing organizations to exclude the names and addresses of contributors listed on Schedule B from the public inspection copy of the Form 990. The AICPA stated it 'believes that requiring disclosure of the name, address and EIN of certain trusts, including charitable remainder trusts, in Schedule R, Part IV would violate this privacy concept.'"

EO Update August 8, 2011

2011-08-10T07:49:00.001-04:00

EO Update August 8, 2011: "1. New Form for Miscellaneous Determination Requests

The IRS has released a new form that tax-exempt organizations will use to request certain determinations about their tax-exempt status. In addition to foundation status issues, organizations will use Form 8940, Request for Miscellaneous Determination, to obtain advance approval of certain activities and exemption from Form 990 filing requirements. Organizations applying for recognition of exemption and at the same time requesting advance approval of scholarship procedures or exception from filing Form 990 should include their request with their Form 1023, Application for Recognition of Exemption Under Section 501(c)(3), rather than file Form 8940."

The Debt Deal and Struggling Nonprofits: A Real Satan Sandwich? | onPhilanthropy

2011-08-08T09:49:00.000-04:00

The Debt Deal and Struggling Nonprofits: A Real Satan Sandwich? | onPhilanthropy: "While the much-criticized “deal” to forestall the United States’ defaulting on its bonded debt obligations did avoid a take-down of the charitable deduction in the tax code, nonprofits and those who support them can hardly take comfort from the Tea Party’s grand bluff of the President and his Democratic allies in Washington. That’s because after three years of continued economic uncertainty and the inevitable cutbacks to nonprofit programs at the state and local levels that often reflect fewer Federal dollars over the long run, the Path ahead still looks rocky indeed."

Oklahoma officials, charities work to meet new regulations | NewsOK.com

2011-07-25T13:51:00.000-04:00

Oklahoma officials, charities work to meet new regulations | NewsOK.com: "Oklahoma officials, charities work to meet new regulations
Sen. Susan Paddack, D-Ada, addressed nonprofit leaders about Senate Bill 1070, which is designed to promote transparency and integrity in the nonprofit sector. The bill went into effect July 1.

BY CARRIE COPPERNOLL ccoppernoll@opubco.com Comment on this article 3
Published: July 20, 2011

A new plan to promote transparency among Oklahoma's charities took effect earlier this month, and leaders in the nonprofit and government sectors are working together to meet the new guidelines."

The Nonprofit Quarterly | @npquarterly | Impacts of the Gang of Six's Budget Recommendations on Nonprofits

2011-07-21T09:09:00.000-04:00

The Nonprofit Quarterly | @npquarterly | Impacts of the Gang of Six's Budget Recommendations on Nonprofits: "But what would the Gang's plan mean for nonprofits? Aiming at cutting the debt by $3.7 trillion over the next decade, the Gang proposes two stages of spending cuts. According to Politico, the first stage would be $500 billion in spending cuts from a variety of sources followed by a more comprehensive second stage combining additional 'fast-track' spending and tax changes. Changes in Social Security would apparently constitute something like a third legislative track of sorts. Politico says that the Gang 'punts' the specifics on other future spending cuts within targeted amounts such as $70 billion out of Health, Education, Labor and Pensions, $65 billion out of Homeland Security and Government Affairs, $11 billion out of Agriculture, and $11 billion out of Commerce."

Australia To Modify Charity Tax Law

2011-07-21T08:46:00.000-04:00

Australia To Modify Charity Tax Law

Why Are Nonprofits AWOL in Budget Fight? - Opinion - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-07-21T08:22:00.000-04:00

Why Are Nonprofits AWOL in Budget Fight? - Opinion - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: "Nonprofits must recognize that they remain on the sidelines at their peril. If federal deficits continue to spiral out of control, nonprofits face a future of trying to do more and more with less and less, as a weakening economy exacerbates social ills and reduces both government aid and private giving.

Staying on the sidelines also gives the lie to lofty civil-society rhetoric about nonprofits’ role as the bedrock of the democratic process. Our democracy is in crisis. Surely the leaders of civil society have a duty to lead citizens in a conversation about fixing the problem."

House Bill Would Provide Permanent Extension for IRA Charitable Rollover | PNNOnline.org

2011-07-20T09:31:00.000-04:00

House Bill Would Provide Permanent Extension for IRA Charitable Rollover | PNNOnline.org: "A new bill introduced in the U.S. House would permanently extend the Individual Retirement Account (IRA) charitable rollover and expand it to allow increased charitable giving, most notably through donor advised funds. It is a preferred approach for many donors, allowing them to create a fund through an organization, such as a community foundation, and to recommend how those funds should be used."

Leader to Step Down From White House Social-Innovation Office - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

2011-07-20T09:19:00.000-04:00

Leader to Step Down From White House Social-Innovation Office - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: "Sonal Shah, head of the White House’s Office of Social Innovation and Civic Participation, is stepping down from her post next month.

Ms. Shah, who has led the office’s efforts to promote innovative nonprofits since it was created in 2009, will take a break before deciding what to do next, the White House press office said. Her last day will be August 1."

EDITORIAL: Small games, big need - York Dispatch

2011-07-19T15:28:00.001-04:00

EDITORIAL: Small games, big need - York Dispatch: "And there are some who would do even more -- if the state would let them.

Nonprofits and private clubs that offer small games of chance -- such as punchboards, pull-tabs, raffles and daily and weekly drawings -- must donate all of the proceeds to charities.

How much they raise, however, is limited by a $5,000-per-week cap in prize money. When the prize money is gone, whether that happens on a Tuesday or a Friday, the games must stop until the next week."

NJ Fundraising Rule Has National Implications - TheNonProfitTimes

2011-07-18T12:54:00.000-04:00

NJ Fundraising Rule Has National Implications - TheNonProfitTimes: "Considering a mandatory donor designation disclosure, the New Jersey Division of Consumer Affairs (NJDCA), is seeking public comment on a “pre-proposal” that would have organizations provide a mechanism for donors to designate funds to specific programs.

According to the proposed rule under N.J.A.C. 13:48-11.2, in the June 6, 2011, New Jersey Register the NJDCA believes that “if particular programs are the inducement for a donor to make a contribution to the charity, the donor should be advised that he or she has the option to direct the charity to use his or her contribution to fund that program.”"

TheDay.com - Mystic Aquarium, Garde Arts Center, other nonprofits take significant hits | Southeastern Connecticut News, Sports, Weather and Video | The Day newspaper

2011-07-18T09:08:00.000-04:00

TheDay.com - Mystic Aquarium, Garde Arts Center, other nonprofits take significant hits | Southeastern Connecticut News, Sports, Weather and Video | The Day newspaper: "The Mystic Aquarium and Garde Arts Center lost significant chunks of financial support as Gov. Dannel P. Malloy announced budget cuts Friday affecting major arts and cultural organizations across the state, and the Eastern Connecticut Tourism District was left to wither away without any funding."