IRS Unleashes Flood of Searchable Charity Data
The public will have quicker and more in-depth access to Form 990s, the main source of public information on nonprofits.
By Peter Olsen-Phillips
Contributor
Foundation Posts Donor-Advised-Fund Data to Quell Criticism
In an effort to be more transparent, the Silicon Valley Community Foundation has created a searchable catalog of nearly $500 million in DAF grants made in 2015.
By Rebecca Koenig
Contributor
House Approves Bill to End IRS Donor-Disclosure Mandate
The House of Representatives voted along party lines Tuesday for a Republican-backed proposal to bar the Internal Revenue Service from requiring that nonprofits list $5,000-plus contributors in their annual tax filings, The Wall Street Journal and USA Today report.
Bill Clinton Will Weigh Foundation Change if Hillary Is Elected
Speaking at a Clinton Global Initiative gathering in Atlanta Tuesday, the former president said for the first time that he will rethink his role at the Clinton Foundation if his wife enters the White House, writes The Wall Street Journal.
Wall St. Scion in Charity-Fraud Case Lays Blame on Gambling
A lawyer for Andrew Caspersen, the former finance executive accused of cheating a Wall Street peer’s foundation of nearly $25 million as part of a larger fraud scheme, said in court Tuesday that his client was driven by a “pathological” gambling addiction, The New York Times reports.
Pope Nixes Argentine Leader’s Gift That Includes Figure ‘666’
Pope Francis turned down a pledge of approximately $1.2 million from President Mauricio Macri to a Vatican-backed charity, in part because the gift amount in Argentine pesos includes the number many Christians associate with the Antichrist, writes The Washington Post.
White House Women’s Summit Draws $50 Million in Pledges
The Obama administration and a collection of companies, foundations, and other organizations will announce $50 million in commitments Tuesday to support efforts to advance gender equality, according to United Press International.
Trump Says Clinton Foundation Should Return Money From Saudis
The presidential nominee demanded in a Facebook post Monday that the Clinton Foundation return millions of dollars in donations it has reportedly received from the government of Saudi Arabia, Politico writes.
Review Clears Flint Mayor Accused of Diverting Donations
A former municipal employee alleged Mayor Karen Weaver steered contributions to a fund to aid people affected by the Michigan city’s water crisis to a political-action committee, but a lawyer commissioned to look into the claim found no ethical violations, Reuters reports.
Shelters Take Hit as Government Changes Strategy on Homeless
Organizations offering temporary and transitional services for the homeless face the loss of millions of dollars in federal aid as the government shifts grant money to programs that focus on permanent housing solutions, the Associated Press reports.
Pittsburgh Developer Hands Over Prime Real Estate for Huge Park
Charles Betters is turning over 660 acres that was once slated to host a racetrack and casino to Pittsburgh officials, who aim to create the city’s largest swath of green space, reports the Pittsburgh Post-Gazette.
Answers to Nonprofits’ Questions About New Federal Overtime Rules
At a webinar Tuesday, officials from the Department of Labor dealt with topics like bonuses and how the regulations apply to people who help raise money through raffles, auctions, and special events.
By Rebecca Koenig
Contributor
Fla. Attorney General Tried to Return Trump Foundation Donation
Pam Bondi sought in March to give back a controversial $25,000 contribution from the Donald J. Trump Foundation to a political-action committee she leads after becoming aware it might violate restrictions on election activity by charities, The Florida Times Union writes.
N.Y. Contests Company’s Plan to Buy Nonprofit Nursing Homes
The state attorney general’s office is seeking to block the purchase by a commercial firm that is already under investigation over a transaction that led to another nonprofit health-care facility being turned into luxury apartments, reports The Wall Street Journal.
Amid Board Turmoil, Hershey Trust Puts Top Lawyer on Leave
The $12 billion organization, which is under pressure from Pennsylvania officials to unseat three long-serving board members, is weighing the employment status of its leading in-house lawyer, who authored memos detailing rancor and dysfunction among trustees, The Philadelphia Inquirer and PennLive report.
Abuse Claimants Seek Access to Minn. Diocese’s Charity Assets
The federal judge overseeing the Archdiocese of St. Paul and Minneapolis’s bankruptcy is weighing a call by victims of clergy sexual abuse to include hundreds of millions of dollars from church-affiliated charities among its assets, reports The Wall Street Journal.