Loans by Charities: Related Tables
See a list of groups that have provided interest-free loans, states where loans to officials are banned or limited, and more.
Charities Bestow No-Interest Loans on Their Well-Paid Executives
In an analysis of Form 990 informational tax returns filed by 10,700 nonprofit groups from 1998 through 2001, The Chronicle found that at least 140 groups had interest-free loans outstanding to officers or directors.
By Harvy Lipman
Contributor
Federal law bars foundations — but not charities — from making loans to their officers and directors. The practice is prevalent enough that two influential voices in the charity world reacted sharply to The Chronicle’s findings.
By Harvy Lipman
Contributor
Photograph by Michael CunninghamEvery Tuesday morning, Martha W. Jones leaves her office to go to work. A clinical pharmacist at the nonprofit Scotland Neck Family Medical Center, in North Carolina, Ms. Jones visits Halifax County residents in their homes, accompanied by a physician’s assistant, a…
Tips for Creating Livelier, More Productive Board and Staff Meetings
Let Becky Christianson count the ways in which well-intentioned nonprofit meetings can go so terribly wrong. For example, she says, “There’s having the wrong physical arrangement for a room. I mean, it’s hard to discuss something with the back of somebody else’s head.” Or not being given a chance…
By Jeffrey Klineman
Contributor
Three Unconventional Ways to Improve Charity Meetings
IN THE TRENCHES Tinker with seating arrangements. “There’s a cultural phenomenon called ‘precedence,’” says Paul ALSO SEE:Tips for Creating Livelier, More Productive Board and Staff Meeting Radde, a psychologist in Houston who consults with meeting planners. “It means that if you come into an…
American Federation of Arts (New York): Appointed Margaret Bowers Touborg, special adviser to the director of the Frick Collection (New York), to be deputy director for institutional advancement. The Associated: Jewish Community Federation of Baltimore: Appointed Rachel E. Gabrow Monroe, vice…
By Elizabeth Schwinn The IRS wants the public to comment on whether changes should be made to several different types of forms charities file with the revenue service, including Form 990, the federal informational return; Form 1024, through which charities apply for tax exemption; and Form 8868,…
Interest Rates for Planned Gifts
Following are the interest rates, provided by the Internal Revenue Service, for computing charitable deductions for charitable remainder trusts, gift annuities, charitable lead trusts, and some other deferred gifts. February 2004 4.2% January 4.2% December 2003 4.2% November 4.0% October 4.4%…