In This Issue:
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Spitzer Proposes Banning Small
Foundations |
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PipeVine siphoned $2 million in
donations to stay afloat |
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Dotcom exiles turn up at new
charities |
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Fundraising in Times of
Crisis |
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Tax Benefits on Donations
Changing |
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Nonprofit directors under new
scrutiny |
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A New Take on Nonprofits Role in the
Economy? |
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Complete Coverage |
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Featured Links:
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Spitzer Proposes Banning Small
Foundations
New York State Attorney General Elliot
Spitzer has proposed banning private foundations
with assets under $20 million, and change federal
law to prohibit donors from deducting the portion
of donations directed to professional fund
raisers.
PipeVine siphoned $2 million in
donations to stay afloat
PipeVine Inc., which handled
charitable contributions for United Way campaigns
in the Bay Area and around the country,
deliberately diverted at least $2 million in
donations to keep itself afloat over the past
three years.
Dotcom exiles turn up at new
charities
With the technology industry in the
doldrums, many former "dotcommers" are enlisting
in the nonprofit world. It's the newest wrinkle in
nonprofit management - and it is grabbing the
interest of many of those who monitor the universe
of nonprofits.
Fundraising in Times of
Crisis
The biggest crisis we are in right now is
the state of the American economy. But we cannot
overlook two others – the war on terrorism, and
the erosion of public trust in the nonprofit
sector brought on by scandals and perceptions of
mismanagement. How do nonprofits generate support
in this environment?
Tax Benefits on Donations
Changing
As a result of the new tax law passed last
month, investors donating stock to charities and
charitable trusts may find they're getting less
back in return. Instead, it may make more sense to
give stocks that have risen in value to their kids
or donate non-stock gifts, like collectibles, to
charities.
Nonprofit directors under new
scrutiny
In this era of corporate accountability,
boards of directors are facing more scrutiny than
ever before. The recent demise of PipeVine (see
above), a San Francisco non-profit, puts a similar
spotlight on the competence of non-profit boards
and the fiscal oversight they are supposed to
provide.
A New Take on Nonprofits Role in the
Economy?
According to a recent report by Bureau of
Economic Analysis of the U.S. Department of
Commerce the role for the nonprofit sector is
larger than previously estimated.
Complete Coverage
To read what's happening
throughout the world of philanthropy -- including
additional news channels, links, resources and
more -- visit Harvest Today.
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