Make Your Fundraising Efforts Easier: Stay Compliant! - NonProfit PRO

Make Your Fundraising Efforts Easier: Stay Compliant! - NonProfit PRO: "Many fundraisers and nonprofit executives believe that being 501(c)(3) tax exempt is enough, but often it is not. Forty-one states require charities to register before they solicit donations from their citizens. Think of it as a license to fundraise. The purpose is to protect donors from unregulated and illegitimate organizations that may or may not be using contributions for a charitable cause.
By registering, your nonprofit discloses to the state and the public information about your mission, programs, leadership and finances. In return, your donors can search for your organization in public records, see who you are and where their funds really are going. This is a good thing!"



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Fundraising Regulator responds to critical letter from RNIB

Fundraising Regulator responds to critical letter from RNIB: "The head of the Fundraising Regulator has said “the door remains open" to the RNIB to "discuss their concerns with us rather than engage in media debate", after the charity wrote a letter refusing to fund the regulator.
Stephen Dunmore, interim chief executive of the Fundraising Regulator (pictured), said:"



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Large University Endowments Face Congressional Scrutiny | News | The Harvard Crimson

Large University Endowments Face Congressional Scrutiny | News | The Harvard Crimson: "In response to requests by Congressional leaders to increase the degree of federal oversight for large university endowments, Harvard has indicated it will work with Congress to provide more clarity and information regarding the use of its endowment resources.

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Scalia’s Death Has Impact On Nonprofit Cases - The NonProfit TimesThe NonProfit Times

Scalia’s Death Has Impact On Nonprofit Cases - The NonProfit TimesThe NonProfit Times: "Zubik v. Burwell, a case before the Supreme Court of the United States, will help define how religiously affiliated nonprofits are viewed in the aftermath of the Affordable Care Act. The court might set the precedent without longtime Associate Justice Antonin Scalia, who died on Saturday at the age of 79"



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Giving of Head and Heart: Donations of Cash and Non-Cash Assets - Resource Center - AFP

Giving of Head and Heart: Donations of Cash and Non-Cash Assets - Resource Center - AFP:



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Congress Presses Large Colleges and Universities on Their Endowments | Nonprofit Quarterly

Congress Presses Large Colleges and Universities on Their Endowments | Nonprofit Quarterly: "The Boston Globe reports that two congressional committees “are asking the nation’s richest colleges and universities for details about their multibillion-dollar endowments, which have continued to grow even as tuitions increase and the schools benefit from tax breaks because of their ‘charitable and educational’ missions.”

“Despite these large and growing endowments, many colleges and universities have raised tuition far in excess of inflation,” said the letter, signed by the chairs of the Senate Finance and House Ways and Means committees."



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New charities taxonomy brings charity accounting into the digital world - Press releases - GOV.UK

New charities taxonomy brings charity accounting into the digital world - Press releases - GOV.UK: "The Charity Commission, the independent regulator of charities, and the Financial Reporting Council are today launching the new taxonomy for charities reporting under the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The taxonomy is the essential pre-requisite to charities choosing to file their accounts digitally with Companies House and the commission. In filing digitally, charities can make the tagged charity data more accessible."



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AICPA Pushes for Changes to IRS Estate Tax Form | AccountingWEB

AICPA Pushes for Changes to IRS Estate Tax Form | AccountingWEB:



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Anderson: Lawmakers make the right call on electronic gaming - Houston Chronicle

Anderson: Lawmakers make the right call on electronic gaming - Houston Chronicle: "That is why the Texas Charity Advocates and 27 other plaintiffs successfully sued the commission to block its illegal efforts. Simply stated, we had no choice. Hundreds of charitable bingo locations would have been put out of business by electronic gaming over which the tracks would have had a monopoly."



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