The Nonprofit Quarterly | @npquarterly | In Tough Times Nonprofits Face What Feel Like Taxes

The Nonprofit Quarterly | @npquarterly | In Tough Times Nonprofits Face What Feel Like Taxes: "The Boston Globe reports that 40 of the city's largest nonprofits with property valued at $15 million or more have received letters from the city requesting them to make regular and voluntary tax payments based on the value of their holdings. The new plan requires the affected nonprofits, including those making smaller Payments in Lieu of Taxes (PILOTs) for years, to now pay up to 25 percent of what they'd be billed if they weren't exempt from property taxes."