Better regulation of charities on way: official

Better regulation of charities on way: official: "Better regulation of charities on way: official
By Wu Jiao (China Daily)
Updated: 2007-05-25 07:07

China is considering legislation to better regulate organizations involved in charities, a senior civil affairs official said.

'The ministry is preparing the draft of a charity law,' Li Liguo, vice-minister of civil affairs, was quoted as saying on Tuesday.

'Regulations on disaster-relief donations will also be amended to eradicate illegal and messy fundraising activities.'"

Scoop: Government encourages generosity

Scoop: Government encourages generosity: "Government encourages generosity
Thursday, 17 May 2007, 4:20 pm
Press Release: Philanthropy New Zealand
Media Statement
For Immediate Release

17 May 2007

Government encourages generosity by removing tax rebate

Philanthropy New Zealand welcomes the Government’s budget commitment to remove the tax rebate threshold for individuals and companies donating to charities.

Philanthropy New Zealand Executive Director Robyn Scott says the Government’s decisions will create a more conducive tax environment for New Zealanders to give to their communities."

· IN-FORUM ·

· IN-FORUM ·: "A new law encourages North Dakota businesses to make gifts to qualified charitable endowments.

“North Dakota is one of only a handful of states with this tax credit, and we’re very pleased to have it,” said Michael Hannaher, director of development for the nonprofit Fargo-Moorhead Area Foundation."

POST-TRIBUNE :: News :: Tax law gives nonprofits second chance

POST-TRIBUNE :: News :: Tax law gives nonprofits second chance: "Tax law gives nonprofits second chance

May 17, 2007
By John Byrne Post-Tribune staff writer

GARY -- For Ella Bush, a new tax law pushed through the Indiana General Assembly is more than a way to save a few bucks.

It's a lifeline for the not-for-profit she works for.

Bush, executive director of the Images of Hope community organization, says House Bill 1767 may keep the not-for-profit open"

New Electronic Filing Requirement for Small Tax-Exempt Organizations - 10 May 2007

New Electronic Filing Requirement for Small Tax-Exempt Organizations - 10 May 2007: "New Electronic Filing Requirement for Small Tax-Exempt Organizations

AccountingWEB.com - May 10, 2007 - Beginning in 2008, small tax-exempt organizations that previously were not required to file returns may be required to file an annual electronic notice, Form 990-N, Electronic Notice (e-Postcard) for Tax-Exempt Organizations not Required To File Form 990 or 990-EZ. This filing requirement applies to tax periods beginning after December 31, 2006."

The Journal

The Journal: "MARTINSBURG — Secretary of State Betty Ireland is enabling West Virginians to research the charitable organizations they wish to donate to by listing how those charities allocate their money.

Ireland announced Tuesday that she will list on the secretary of state’s Web site how much of the money an organization receives goes toward the charity’s programs versus to management and funding costs."

Editorial: Government, charity can’t mix secretly - Examiner.com

Editorial: Government, charity can’t mix secretly - Examiner.com: "BALTIMORE (Map, News) - No one argues about the constitutionality of giving taxpayer dollars to charity anymore. The only uproar comes from nonprofits, like those in Anne Arundel County who would lose funding in next year’s proposed budget, when they cannot count on government largesse.

But the debate about whether, not just how much and who should receive grants, must be a worthy topic for government at all levels"

WebCPA | Redesign for Form 990 on the Way

WebCPA | Redesign for Form 990 on the Way: "Redesign for Form 990 on the Way

Washington (May 7, 2007) - The Internal Revenue Service is preparing to redesign its Form 990, “Return of Organization Exempt From Income Tax,” according to published reports.
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The forms must be filed by nonprofit organizations as a way to allow donors to see how a charity handles donations, as well as a way for the government to ensure that the organization deserves its tax-exempt status. An estimated 400,000 nonprofits filed the form last year."

Bill would limit pay for nonprofit executives

Bill would limit pay for nonprofit executives: "AUGUSTA -- Sen. Elizabeth Schneider, D-Orono, doesn't think nonprofits in Maine that receive government funding should be allowed to pay their top executives more than $250,000 a year.

She's sponsoring a bill, Legislative Document 1792, that would limit compensation for officers and directors of nonprofits."

Star-Telegram.com | 05/07/2007 | Proposal for bingo: Pay charities or shut down

Star-Telegram.com | 05/07/2007 | Proposal for bingo: Pay charities or shut down: "Losing at bingo could get a lot more costly -- for Texas charities.

Nonprofit groups that operate at a loss would be kicked out of the game under proposed legislation."

Salt Lake Tribune - Nonprofits get an online boost

Salt Lake Tribune - Nonprofits get an online boost: "Nonprofits get an online boost
By Paul Beebe
The Salt Lake Tribune
Article Last Updated: 05/03/2007 11:43:02 PM MDT



In a new step, the state of Utah is offering online business registration for nonprofit groups and limited liability companies"