Federal and N.Y.C. Investigators Eye Queens Library Spending
The FBI, federal prosecutors, and New York City’s Department of Investigation are looking into how the head of the borough’s nonprofit library system spent millions of taxpayer dollars on library renovations and his ties to the contractor on the projects, according to the New York Daily News.
Property Tycoon Gives $21-Million for Israeli University
The money will go toward developing the new Tel Aviv campus of the Technion-Israel Institute of Technology, writes the Jerusalem Post.
Oscar Host’s Record-Setting Selfie Generates $3-Million Gift
Electronics giant Samsung has donated $1.5-million each to two charities chosen by Ellen DeGeneres to mark the more than 3 million retweets of the Oscar host’s star-packed photo taken with a Samsung smartphone at Sunday’s ceremony, NBC’s “Today” show says.
Flood of Objections Could Scuttle Proposed 501(c)(4) Rules
Critics hope a deluge of overwhelmingly negative public comments will lead the IRS to revise or scrap proposed restrictions on electioneering by nonprofit groups, according to Politico.
Comcast Extends Broadband Program for Poor Families
As it seeks regulatory approval for a merger with Time Warner Cable, the telecommunications giant said it would extend indefinitely its Internet Essentials program offering low-cost broadband service and computers to low-income families, The New York Times writes.
$50-Million from Goldman Sachs Seeds Fund for Businesswomen
The Wall Street firm and the World Bank will unveil an initiative Wednesday to raise $600-million in capital for 100,000 female entrepreneurs in the developing world, the Financial Times reports.
N.Y.C. Borough Head Sought Funds for Nonexistent Nonprofit
New York City investigators are looking into the appeal at a local event last week for One Brooklyn, a charity Brooklyn borough President Eric Adams says he intends to create, according to the New York Post.
Boston St. Patrick’s Day Parade Rescinds Invite to Gay Group
Negotiations to allow a gay-rights organization to take part in South Boston’s St. Patrick’s Day Parade have broken down, with event organizers saying the advocacy group submitted a misleading application, The Boston Globe reports.
U.K. Police Arrest 8 in Probe of Syria Charity Funds
Police said the men arrested in locations across England Tuesday are suspected of diverting money donated for humanitarian aid in the war-torn country to finance terrorism or organized crime, report the BBC and the Daily Mail.
Obama 2015 Budget Would Cap Charitable Deduction at 28% for Wealthy
The president’s plan also contained proposals on spending that would affect AmeriCorps, early-childhood education, and other programs of interest to nonprofits.
By Alex Daniels
Contributor