Nonprofit Groups Urged to Follow Governance Act
Nonprofit organizations should apply to their own operations many of the same requirements companies must now follow as part of a federal law intended to improve governance and accountability, say several legal and financial experts. In a position paper on the issue, two prominent nonprofit…
By Stephen G. Greene
Contributor
N.Y. Hospital Settles Case Filed by Donor’s Widow
A New York hospital has agreed to stop using the name of one of its benefactors and to return a big portion of his bequest to settle a long-running legal battle with the donor’s widow. The settlement comes in a case that helped to establish the right of donors and their representatives to sue to…
By Stephen G. Greene
Contributor
Community Foundations Consider New Approaches for Financial Stability
The Arizona Community Foundation has always known that maintaining its statewide network of 11 affiliates -- run from four ALSO SEE:
By Stephen G. Greene
Contributor
Former Foundation CEO Takes on Global Warming in New Post
Human endeavor, says Peter C. Goldmark Jr., can be divided into six realms -- the conventional three of government, business, and nonprofit activities, plus religion, the news media, and the criminal underworld. Mr. Goldmark’s work has taken him into four of those six, and he brings that versatile…
By Stephen G. Greene
Contributor
Major Nonprofit Group Accused of Wrongly Stifling a Critical Essay
The chief executive of a prominent community foundation is accusing Independent Sector and its ALSO SEE:Text of Article on Public Trust That Nonprofit Coalition Refused to Publish president of compromising its independence because it refused to publish an essay it invited him to write. In the…
By Stephen G. Greene
Contributor
More municipalities seek revenue from nonprofit groupsWhen the city of Bridgeport, Conn., asked a nonprofit home for the elderly to start paying taxes, the charity’s leaders balked, contending that it should retain the exemption it had enjoyed since its founding in 1922. But deciding to fight…
By Stephen G. Greene
Contributor
Aid Organizations Confront Safety Concerns in Iraq
Growing concern about insecurity in Iraq has prompted some charities to pull workers out of the country. But other organizations say they have no immediate plans to cut back on their activities there, despite recent attacks that killed or injured some aid workers. Oxfam announced last week that it…
By Stephen G. Greene
Contributor
IRS Sues Quaker Group to Recover Taxes
The IRS has sued the Philadelphia Yearly Meeting of the Religious Society of Friends for refusing to garnish the wages of one of its employees, a tax resister who says she has religious objections to supporting the military. The service says that Priscilla Adams, a Quaker activist, owes more than…
By Stephen G. Greene
Contributor
Tax Agency Won’t Publish Training Manual This Year
A training manual intended to help IRS agents interpret rules pertaining to tax-exempt organizations will not be published this fall, the service reports. Instead, several chapters of the manual will be published toward the end of the fiscal year ending September 30. The service would not say what…
By Stephen G. Greene
Contributor
IRS Says Housing Issues Will Be Priority
The Treasury Department has announced its priorities for offering guidance on tax laws affecting charities for the next year. Among the new items: clarifying how charities can take better advantage of federal tax legislation encouraging their participation in the development of low-cost housing.…
By Stephen G. Greene
Contributor