Tax-Exempt Organizations Registered With the IRS
From the issue dated Thursday, March 11, 1999 Nearly 700,000 charities and private foundations were registered with the Internal Revenue Service in 1997, according to the agency. The number of organizations classified under Section 501(c)(3) of the Internal Revenue Code rose by 38,338, or 5.9 per…
Philip Morris Program Encourages Arts Patrons to Help Food Banks
Grant makers often urge charities to collaborate on fund-raising and other activities to save money and become more efficient. But the Philip Morris Companies have taken non-profit collaboration to another level. ALSO SEE:Adventures in Joint Fund Raising Last year, Philip Morris started its “Arts…
By Marilyn Dickey
Senior Editor, Copy
The Chronicle’s Survey of Grant Making at 142 Major Institutions
STORIES Foundations’ Giving Surges A Sampling of the Largest Grants in 1998 From the Nation’s Top Foundations From Technology to Tobacco, Myriad Sources Spawn Big New Foundations How The Chronicle’s Survey of Top Private Foundations Was Conducted FACTS & FIGURES The Nation’s Ten Wealthiest…
New IRS Charity Division to Be Based in Washington
The I.R.S. has announced that the headquarters of its new Tax Exempt Operating Division will be set up in the Washington metropolitan area by the middle of the year. Commissioner of Internal Revenue Charles O. Rossotti announced a year ago that he would consolidate the service’s bureaucracy into…
By Jennifer Moore and GRANT WILLIAMS
Tax Agency to Hold Hearing on New Penalties
The I.R.S. is inviting charity officials and others to attend a public hearing on March 16 to discuss the tax agency’s proposed regulations that are designed to punish people who receive overly generous financial benefits through their involvement with non-profit groups (The Chronicle, January 28).…
By Jennifer Moore and GRANT WILLIAMS
IRS Outlines Steps for Fixing Non-Profit Retirement Plans
The I.R.S. has published guidelines for non-profit groups that have problems with their tax-sheltered annuities -- known as “403(b)” retirement plans, after the section of the tax code that governs them. Non-profit organizations that have made mistakes because of misunderstandings of the laws that…
By Jennifer Moore and GRANT WILLIAMS
‘Split-Dollar’ Legislation Proposed in the House
Key Republican and Democratic leaders on the House Ways and Means Committee have introduced legislation aimed at abolishing a controversial giving technique in which charities and donors divide the proceeds of life-insurance policies purchased with tax-deductible dollars. The bill, HR 630, was…
By Jennifer Moore and GRANT WILLIAMS
Appointments and Promotions in the Non-Profit World
All Faiths Receiving Home (Albuquerque, N.M.): Appointed Steven C. Johnson, director of family services, to be executive director, and Mary K. Bailey, executive director of Ballet Metropolitan of Columbus (Ohio), to be director of development. Alzheimer’s Disease and Related Disorders Association…
Book Details Management Techniques for Charities
Improving Quality and Performance in Your Non-Profit Organization By Gary M. Grobman This book asserts that, even for non-profit leaders wary of such acronyms as T.Q.M. and B.P.R., “total quality management” or “business processing reengineering” are methods that can be used successfully by…
By C. Quinn Hanchette
Contributor