Grant Makers Can Improve Government Effectiveness in the Covid-19 Era
Ensuring that governments reduce corruption, adopt good policy, and get citizens involved in policy making is critical to creating a strong response to this crisis and its aftermath.
By Leslie Lang Tsai
Contributor
More Than 400 Nonprofits Got Up to $10 Million in Federal PPP Loans
Health care and education organizations were the main beneficiaries as were prominent groups like Unicef and the Oregon Shakespeare Festival.
By dan.parks
Contributor
Records Reveal Nonprofits That Received Paycheck Protection Loans
The Muscular Dystrophy Association, the National Wildlife Federation, Mercy Corps, the New York Botanical Garden, American Youth Hostels, and the San Francisco Symphony were among the nonprofits the federal government said on Monday received loans of $5 million to $10 million through the Paycheck Protection Program.
By dan.parks
Contributor
IRS Looks to Limit Tax on Nonprofit Pay Above $1 Million
The Internal Revenue Service has proposed regulations that limit the scope of a tax on executive compensation at nonprofits, a rule included in the 2017 tax overhaul.
Senators Push to Expand Charitable Tax Deduction to All
A new proposal would allow couples to deduct up to $8,000 this year and next even if they don’t itemize on their tax returns.
By Michael Theis
Contributor
In the Covid Cyclone, Philanthropy Can Lean on Lessons From Disaster Aid
Natural disasters often lead communities to create better versions of themselves. Philanthropy can help that happen during the Covid-19 crisis by following a path similar to other successful disaster-recovery efforts.
By Jacob Harold
Contributor
Nearly 300 Donors and Grant Makers Join Push to Require Philanthropic Funds to Give More Now
A letter sent to Congress today asks lawmakers to require foundations and donor-advised funds to give at least 10 percent a year over the next three years.
By Alex Daniels
Senior Editor, Foundations
Why Philanthropy Can’t Keep Hoarding Assets in the Pandemic (Dispatches)
The race to stockpile toilet paper is an illogical and impractical response to the crisis. So, too, is foundations’ unwillingness to increase the share of assets that go to charity every year.
By Lisa Pilar Cowan
Contributor
House Passes Stimulus Bill With Sweeping New Benefits for Nonprofits
The legislation greatly expands nonprofit eligibility for loans and other benefits, but President Trump and Republicans who lead the Senate have shown no interest in the legislation.
By dan.parks
Contributor
Omidyar Network Commits $35 Million to Give Struggling Workers More Power
The commitment is part of an effort previously launched to rethink capitalism, a cause taken up by several major foundations and donors in recent years.
By Alex Daniels
Contributor
Wealthy Donors to Congress: Make Us Give More to Charity
Led by the Wallace Global Fund, the group is asking congressional leaders to impose a minimum payout requirement of 10 percent for foundations and donor-advised fund holders.
By Alex Daniels
Contributor
Nine in 10 Foundations Say They Provide Aid for Advocacy Efforts
However, the report by the Center for Effective Philanthropy also found that many foundation leaders run into internal resistance to their policy work from legal counsel and board members.
By Alex Daniels and dan.parks
Nonprofits Won’t Survive Unless the Federal Government Helps More Medium-Size Groups
The Paycheck Protection Program excludes nonprofits with more than 500 employees at a time when their services are more critical than ever, say two nonprofit leaders.
By JOHN MACINTOSH
Contributor
‘HalfMyDAF’ Movement Aims to Spur a Boost in Donor-Advised-Fund Grants
Creators David and Jennifer Risher say they will give up to $1 million total to groups supported by other donor-advised-fund account holders who pledge to disburse at least half of the money in their accounts to charity.
By Alex Daniels
Contributor
Don’t Tie the Hands of DAFs, the Best Option for Aid in the Covid Economy
Policy makers and critics are promoting falsehoods and rules about donor-advised funds that could make it harder for nonprofits of all kinds to get the donations they desperately need.
By Bruce R. Hopkins
Contributor
‘Breathtakingly Cruel’ Rule Will Hit Some Nonprofits That Have Laid Off Workers
The rule, which applies to certain organizations that self-insure unemployment benefits, tells states to bill those employers immediately for 100 percent of the cost of benefits paid to laid-off employees.
By dan.parks
Contributor