House to Vote on Bill to Encourage Charitable Giving
The legislation would boost the tax benefits of giving IRA funds to charity and let people claim charitable deductions on their previous year’s taxes until April 15.
By Alex Daniels
Contributor
Warren Buffett Reveals 2014 Gates Gift of $2.1-Billion
The billionaire investor’s annual stock donation to the Bill & Melinda Gates Foundation, disclosed in a regulatory filing Tuesday, is his largest-ever charitable gift, Bloomberg and Forbes write.
Grants From Fidelity Charitable and Schwab Charitable Up Sharply
Fidelity Charitable’s donor-advised fund program announced that its clients made gifts totaling $1.1-billion to 59,000 charities in the first half of 2014, according to a news release, and Schwab Charitable’s clients made gifts totaling $822-million to 34,500 charities in fiscal year 2014, San Francisco Business Times writes.
Big N.Y. Hospital Paid Millions to Ex-CEO After Retirement
Herbert Pardes, the former chief executive of New York-Presbyterian Hospital, earned $5.6-million from the medical center the year after he stepped down and continues to draw a check as executive vice chairman of its board, writes The New York Times.
IRS Nonprofit Unit Sidelined as ‘Dark Money’ Proliferates
Buffeted by scandal and starved of resources, the Internal Revenue Service’s exempt-organizations division has all but stopped regulating politically active nonprofit groups, according to the Center for Public Integrity.
Charities Buck Syrian Government to Bring Aid to Rebel Zones
Major humanitarian groups have acknowledged that they are delivering aid directly to rebel-held areas in northern Syria, defying a government demand for control of how relief supplies are brought into the civil war-torn country, NPR reports.
Corcoran Gallery to Shed 150 Jobs as Part of Merger Plan
About a third of the Corcoran Gallery of Art’s 465 employees are slated to lose their posts next month as part of the proposed takeover of the financially strapped museum and art college by the National Gallery of Art and George Washington University, according to Washington Business Journal.
Reaching New Audiences Through Storytelling
Advice for doing more than just “preaching to the choir” with your message.
By PAUL VANDECARR
Contributor
Hewlett Bets $50-Million to Make Congress Work More Effectively
New ‘Madison Initiative’ draws critics who say money would be better spent on current grantees.
By Alex Daniels
Contributor
Activist Challenges IRS Over Release of Social-Security Numbers on Tax Forms
Carl Malamud says the tax agency’s failure to remove the personal data from 9,000 Forms 990 that he bought from the IRS is a violation of federal privacy laws.
By SUZANNE PERRY
Contributor