SKNVibes | Charitable organisations to discuss mandatory legislation

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

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

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

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

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

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!

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

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

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

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

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