House GOP Seeks Federal Scrutiny of Clinton Foundation
Congressional Republicans are circulating a letter calling on the FBI, the Internal Revenue Service, and the Federal Trade Commission to investigate the former first family’s charity for alleged corruption, CNN reports.
Long-Delayed Pa. Industrial Museum Finally Set to Open
After nearly two decades of delay that prompted a grand-jury investigation, the National Museum of Industrial History in eastern Pennsylvania is slated to open its doors on August 2, reports the Allentown, Pa., Morning Call.
Israeli Lawmakers Tighten Rules on Foreign-Funded Nonprofits
The country’s parliament approved a fiercely debated measure Monday that requires groups that get more than half of their financing from governments or political organizations abroad to publicize that fact, the Associated Press reports.
Trump Bid $120,000 for Paris Trip With Foundation Money
Presumptive Republican presidential nominee Donald Trump won a luxurious vacation to Paris at a 2008 charity auction with a $120,000 bid using money from the foundation bearing his name — but the funds likely included little of his own money, according to BuzzFeed News.
Opinion: It’s Time to Debate Colleges’ Endowment Tax Exemption
Recent congressional inquiries into 56 large universities’ endowments call attention to the fact that many colleges own billions of dollars in real estate but make only small payments to their communities in lieu of paying taxes, according to an opinion piece in The Washington Post.
Critics Question Whether AG Office Demands Will Reform Hershey Trust
Critics are wondering whether voluntary demands made by Pennsylvania’s Attorney General’s office will rein in questionable spending at the embattled Hershey Trust, or if they will be as ineffective as previous attempts, according to the Philadelphia Inquirer.
Overtime Rule Divides Nonprofit Leaders
Some charity leaders say changes will make it more difficult to fulfill their missions. But others welcome the new rule, saying it will protect nonprofit workers from exploitation.
By Rebecca Koenig
Contributor
Embezzlement Cases Accompany Boom in Youth-Sports Groups
As nonprofit youth sports has grown into a multibillion-dollar national enterprise, cases are increasingly cropping up of six-figure thefts by volunteer leaders of local leagues, highlighting a lack of oversight and regulation of organizations built on community trust, The New York Times writes.
Fla. Congresswoman Faces Charity-Linked Corruption Charges
Rep. Corrine Brown has been indicted in connection with her alleged ties to an unregistered charity that raised $800,000 but spent almost nothing on its stated educational mission, the Orlando Sentinel reports, citing unnamed federal law-enforcement officials.
Panel Clears De Blasio-Tied Nonprofit of Campaign Violations
New York City’s campaign-finance body issued a stinging critique Wednesday of an advocacy group’s work in support of Mayor Bill de Blasio’s agenda but said it did not violate rules on political fundraising and spending, reports The New York Times.
Hospital Deal Creates $100 Million Mental-Health Institute
The foundation and facility to study, prevent, and treat mental illness is a byproduct of the newly cemented merger of two West Coast Catholic chains, which now form the country’s third-largest nonprofit medical network, Orange County Business Journal and the Associated Press write.
Ex-Wall St. Executive Admits $25 Million Foundation Fraud
Former private-equity manager Andrew Caspersen pleaded guilty Wednesday to cheating investors, including an industry peer’s charitable foundation, out of tens of millions of dollars to feed what he called an uncontrollable gambling habit, Reuters reports.
Bill Would Force Red Cross to Open Its Books to Greater Scrutiny
Sen. Charles Grassley of Iowa, a longtime critic of the charity, is pushing legislation he says would make its activities more transparent.
By Rebecca Koenig
Contributor
GOP Congressman Targets Foreign Donations to Foundations
Rep. Louie Gohmert’s bill — titled the Contributions Legally Interdicted from Noncitizens to Our Nonprofits, or Clinton, Act — would bar foundations with ties to former high-ranking public officials from accepting gifts from individuals linked to governments abroad, Roll Call reports.
N.J. Budget Cuts Charity-Care Spending by $200 Million
The spending plan signed late last month by Gov. Chris Christie allocates 40 percent less money to hospitals to provide free and discounted care to uninsured and low-income patients, Modern Healthcare reports.
N.Y. Campaign Body to Examine de Blasio-Linked Nonprofits
The city’s Campaign Finance Board will look into whether nonprofits set up to advance Mayor Bill de Blasio’s policy agenda transgressed rules on political fundraising and spending, the New York Post writes.