CRA - Charities - Policy and Guidance - Fundraising by Registered Charities - Guidance: Fundraising by Registered Charities
Guidance
Reference number
CG-013
Issued
April 20, 2012
This guidance updates and replaces the previous version of Guidance CPS-028, Fundraising by Registered Charities.
Monday, April 30, 2012
Tax relief cap would discourage leading philanthropist from donating in the UK
Tax relief cap would discourage leading philanthropist from donating in the UK: Balwant Singh, chief executive of Kusuma Trust UK, says its founder would be discouraged from donating even though he does not benefit from tax relief
One of the UK’s leading philanthropists and his peers would be discouraged from donating money in the UK because of the government’s planned tax relief cap, according to the chief executive of his UK foundation.
One of the UK’s leading philanthropists and his peers would be discouraged from donating money in the UK because of the government’s planned tax relief cap, according to the chief executive of his UK foundation.
Exempt Organizations Educational Tools
Exempt Organizations Educational Tools: Exempt Organizations Educational Tools
Organizations, practitioners and others can use these prepared educational materials in newsletters, websites, etc., to communicate the compliance requirements that apply to tax-exempt organizations.
Articles:
Tax-Exempt Organizations Should Avoid Political Campaign Intervention
Employment Tax Issues Important to All Tax-Exempt Entities
Tax-Exempt Nonprofts Must Meet Inspection and Disclosure Requirements
Divulge All Suspected Tax Exempt Status Abuses to the IRS
Contact the IRS if Your Organization is Going Out of Business
Organizations, practitioners and others can use these prepared educational materials in newsletters, websites, etc., to communicate the compliance requirements that apply to tax-exempt organizations.
Articles:
Articles:
Tax-Exempt Entities Must File with the IRSTax-Exempt Organizations Should Avoid Political Campaign Intervention
Employment Tax Issues Important to All Tax-Exempt Entities
Tax-Exempt Nonprofts Must Meet Inspection and Disclosure Requirements
Divulge All Suspected Tax Exempt Status Abuses to the IRS
Contact the IRS if Your Organization is Going Out of Business
Friday, April 27, 2012
TVTechnology: FCC Proposed New Fundraising Rules for Public Broadcaster Charities
TVTechnology: FCC Proposed New Fundraising Rules for Public Broadcaster Charities: WASHINGTON: The Federal Communications Commission today invited comment on whether to allow public broadcasters to spend up to one percent of their airtime—about 88 hours per year—to conduct on-air fundraising activities for charities and other nonprofits. This proposal is a recommendation of The Information Needs of Communities report, released in June 2011.
Thursday, April 26, 2012
Compensation Caps Proposed for Mass. Nonprofit Leaders April 24, 2012 — Two state legislators have filed a budget amendment, which, if passed and enacted into law, would impose compensation caps on top executives of Massachusetts nonprofits that receive state funds, based on their organizations’ annual operating budge
massnonprofit.org ::: Compensation Caps Proposed for Mass. Nonprofit Leaders
April 24, 2012 — Two state legislators have filed a budget amendment, which, if passed and enacted into law, would impose compensation caps on top executives of Massachusetts nonprofits that receive state funds, based on their organizations’ annual operating budge
April 24, 2012 — Two state legislators have filed a budget amendment, which, if passed and enacted into law, would impose compensation caps on top executives of Massachusetts nonprofits that receive state funds, based on their organizations’ annual operating budge
Monday, April 23, 2012
Montana gives up $60 million by not taxing nonprofits, study says : The Billings Gazette - Montana & Wyoming News
Montana gives up $60 million by not taxing nonprofits, study says : The Billings Gazette - Montana & Wyoming News: HELENA — Montana forgoes more than $60 million in taxes annually by not imposing corporate income taxes on the largest nonprofit corporations based here, a legislative study shows.
Friday, April 20, 2012
Suzanne Bump sends a message to nonprofits: Party’s over - BostonHerald.com
Suzanne Bump sends a message to nonprofits: Party’s over - BostonHerald.com: State Auditor Suzanne Bump unleashed a warning broadside at nonprofits that abuse taxpayer funds, after the state yanked $1.7 million in taxpayer funded disabled-services contracts from an embattled Charlestown agency where auditors say executives ran up bills at restaurants, liquor stores and Disney World.
Wednesday, April 18, 2012
The IRS Starting Its 403(b) Plan Audits - TheNonProfitTimes
The IRS Starting Its 403(b) Plan Audits - TheNonProfitTimes: When the Internal Revenue Service (IRS) recently announced that it was going to start auditing 403(b) plans for the 2009 tax year, the notification received scant attention. After all, it’s pretty common for the IRS to start up a new audit cycle several years after the close of a particular tax year.
This time, however, things might be a bit different. That’s because the IRS gave nonprofits until December 31, 2009 to comply with the new regulations on plan documentation that it issued in 2007. At the time, some nonprofit managers took a close look at their plans, others just assumed they were in compliance, even if they purchased a packaged plan and didn’t hear anything from the plan provider.
This time, however, things might be a bit different. That’s because the IRS gave nonprofits until December 31, 2009 to comply with the new regulations on plan documentation that it issued in 2007. At the time, some nonprofit managers took a close look at their plans, others just assumed they were in compliance, even if they purchased a packaged plan and didn’t hear anything from the plan provider.
The IRS Starting Its 403(b) Plan Audits - TheNonProfitTimes
The IRS Starting Its 403(b) Plan Audits - TheNonProfitTimes: When the Internal Revenue Service (IRS) recently announced that it was going to start auditing 403(b) plans for the 2009 tax year, the notification received scant attention. After all, it’s pretty common for the IRS to start up a new audit cycle several years after the close of a particular tax year.
This time, however, things might be a bit different. That’s because the IRS gave nonprofits until December 31, 2009 to comply with the new regulations on plan documentation that it issued in 2007. At the time, some nonprofit managers took a close look at their plans, others just assumed they were in compliance, even if they purchased a packaged plan and didn’t hear anything from the plan provider.
This time, however, things might be a bit different. That’s because the IRS gave nonprofits until December 31, 2009 to comply with the new regulations on plan documentation that it issued in 2007. At the time, some nonprofit managers took a close look at their plans, others just assumed they were in compliance, even if they purchased a packaged plan and didn’t hear anything from the plan provider.
The IRS Starting Its 403(b) Plan Audits - TheNonProfitTimes
The IRS Starting Its 403(b) Plan Audits - TheNonProfitTimes: When the Internal Revenue Service (IRS) recently announced that it was going to start auditing 403(b) plans for the 2009 tax year, the notification received scant attention. After all, it’s pretty common for the IRS to start up a new audit cycle several years after the close of a particular tax year.
This time, however, things might be a bit different. That’s because the IRS gave nonprofits until December 31, 2009 to comply with the new regulations on plan documentation that it issued in 2007. At the time, some nonprofit managers took a close look at their plans, others just assumed they were in compliance, even if they purchased a packaged plan and didn’t hear anything from the plan provider.
This time, however, things might be a bit different. That’s because the IRS gave nonprofits until December 31, 2009 to comply with the new regulations on plan documentation that it issued in 2007. At the time, some nonprofit managers took a close look at their plans, others just assumed they were in compliance, even if they purchased a packaged plan and didn’t hear anything from the plan provider.
Monday, April 16, 2012
NCCF helps officials to innovate philanthropic donations - ObserverToday.com | News, Sports, Jobs, Community Information - Dunkirk | The Observer
NCCF helps officials to innovate philanthropic donations - ObserverToday.com | News, Sports, Jobs, Community Information - Dunkirk | The Observer: he meetings are part of an annual effort, Foundations on the Hill (FOTH), attended by more than 200 community, private, and corporate foundation grantmaking representatives from across the country. These individuals traveled to the nation's capital to communicate philanthropy's value to federal lawmakers-and to show how the sector is using its financial resources to provide innovative solutions to some of the nation's most pressing social problems and helping communities recover from the recent economic downturn.
Wednesday, April 11, 2012
Wealthy are giving to near-dormant charities to avoid tax, PM spokesman says
Wealthy are giving to near-dormant charities to avoid tax, PM spokesman says: Statement comes in the face of mounting criticism of the proposed cap on tax relief for large donations
Wealthy individuals are avoiding tax by giving to charities that do little charitable work, the Prime Minister’s spokesman said yesterday.
He was speaking in defence of a Budget decision that, from April 2013, tax relief will be given only on donations that, including Gift Aid, are under �50,000 or 25 per cent of a person’s income, whichever is higher.
The Prime Minister's spokesman said that some individuals were exploiting the reliefs to reduce their tax burden.
Wealthy individuals are avoiding tax by giving to charities that do little charitable work, the Prime Minister’s spokesman said yesterday.
He was speaking in defence of a Budget decision that, from April 2013, tax relief will be given only on donations that, including Gift Aid, are under �50,000 or 25 per cent of a person’s income, whichever is higher.
The Prime Minister's spokesman said that some individuals were exploiting the reliefs to reduce their tax burden.
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