Community Funds Urged to Set Annual Distribution Rate
The Council on Foundations, which represents many community funds, said the minimum annual distribution should be the same as for private foundations, at least 5 percent of assets.
Trust in Nonprofits Declines in U.S. but Grows Globally
Only 45 percent of Americans polled in November said they trust nonprofits, 5 percentage points lower than the previous year. Among 27 countries surveyed, the U.S. ranked fourth to last in terms of trust in nonprofits,
How Nonprofits Helped Fuel the Opioid Crisis
Opioid manufacturers donated tens of millions of dollars to patient-advocacy and physicians’ groups. Those organizations downplayed addiction risks and helped create a massive market for deadly pain killers.
Cardinali Announces Departure From Independent Sector
During his six years on the job, Dan Cardinali accelerated a focus on race and equity in the nonprofit world at the coalition of charities and foundations.
Most Voters Favor Extending Tax Breaks for People Who Don’t Itemize
In a survey, 88 percent of people who are registered to vote said they somewhat or strongly support extending that tax deduction.
Charity Advocates Push to Extend Expiring Tax Breaks for Giving
The most likely path to enactment would be inclusion in a broader package of year-end tax provisions.
Nonprofit Advocates Praise House Passage of Build Back Better Legislation
The measure includes $30 billion for a Civilian Climate Corps as well as money to significantly expand the federal safety net.
Fight Erupts Over Whether Donor-Advised Fund Bill Would Help or Hurt Community Foundations
The Senate measure has special provisions designed to make it easier for community foundations to compete against commercial sponsors of donor-advised funds. But leaders of the foundations say they fear the measure will dampen giving and add new regulatory burdens.
Governments That Depend on Nonprofits for Vital Services Need to Help Them Thrive
A report on New York human-service groups found that many are on the brink of collapse due to decades of government underfunding exacerbated by the pandemic. It offers lessons for how city and state governments can better support these nonprofits and their workers.
Calif. Law Aims to Make Online Giving Safer for Nonprofits and Donors
Legislation signed by Governor Gavin Newsom earlier this month aims to ensure donors receive accurate information in charitable solicitations and that charities receive donations promptly.
Watch the Debate: How Senate Bill to Speed Up Giving Would Work
The nonprofit world is divided over a plan to change tax rules for foundations and contributors to donor-advised funds.
Private donations will cover revenue losses the city faces from a 38 percent property tax cut enacted in 2017. The goal is to keep the city competitive when fighting for jobs and talent with Southwest Michigan’s many other localities.
Value of Charitable Deduction for All Americans Still Unclear
Charitable giving was sluggish in 2020, according to “Giving USA,” making it hard to see a clear benefit from the temporary tax provisions allowing Americans to deduct charitable gifts even if they don’t itemize.
Biden Signals Equity Focus With Appointment of Michael Smith to Lead AmeriCorps
Smith currently is executive director of the My Brother’s Keeper Alliance. His appointment as CEO of AmeriCorps will require Senate confirmation.
Sens. Grassley and King Push Measure to Accelerate DAF and Foundation Giving
Two key U.S. senators introduced legislation Wednesday designed to spur faster payouts from donor-advised funds and foundations, giving new momentum to an effort that has deeply divided philanthropy.
Charities Struggle With the Move From Remote Work to Safely Returning Employees to the Office
Leaders are worried about how to handle questions about who’s vaccinated and whether inequities could be created by policies that allow employees freedom to choose whether to work remotely.