Tax Snafu Could Cost Richmond, Va., Theater Group $1.75-Million
The organization that operates two theaters in the Virginia capital is asking the city for a $1.75-million infusion to pay an unexpected tax bill arising from its use of a for-profit spinoff on renovation projects, reports the Richmond Times-Dispatch.
Fidelity Charitable Sees Spike in Donations to Fight Ebola
The donor-advised fund’s clients have earmarked $3.8-million for initiatives to tackle the virus, with more than three-quarters of gifts coming this month as awareness of the epidemic grew, reports The Boston Globe.
Fla. Builder Gives $50-Million to U. of Miami Health System
The donation from the charitable foundation of South Florida homebuilder Lennar Corporation will support construction of a new outpatient center in Coral Gables, the Miami Herald writes.
Cycling Officials Say Armstrong Can’t Ride in Charity Event
USA Cycling, the sport’s American governing body, said Thursday that Lance Armstrong’s lifetime ban for serial doping prevents him from participating as planned in a charity bike ride in South Carolina this weekend, Velo News and Bloomberg report.
Paul Allen Commits $100-Million to Fighting Ebola
Part of the money will go toward developing and manufacturing medevac units to extract medical workers safely from the affected areas.
By Megan O’Neil
Contributor
Giving to Fidelity Charitable Soars by More Than 50% in 9 Months
Grants from Fidelity account holders have grown by 27 percent from January to September, signaling what could be healthy year-end giving.
By Holly Hall
Contributor
Teach for America Veterans Find a Welcome at Google
The teacher-training nonprofit has become something of a pipeline to work at Google, which allows prospective hires to put off joining the company to complete their two-year Teach for America stints, Business Insider writes.
Anti-Doping Body: Charity Ride Might Violate Armstrong Ban
The U.S. Anti-Doping Agency is investigating whether Lance Armstrong’s planned participation in a charity bike ride in South Carolina this weekend would violate the disgraced cyclist’s lifetime ban for using performance-enhancing substances, Bloomberg writes.
Heads of Drug-Rehab Nonprofit Charged With Stealing Millions
The father-and-son operators of a string of New York City drug-treatment centers were indicted Wednesday on allegations that they used the government-funded charity to steal millions of dollars through insurance fraud and kickbacks, the New York Daily News and Long Island Press report.
S.C. Fines Fundraising Firm $1-Million for Charity Pitches
The state levied a $1.054-million fine on Minnesota-based Strategic Fundraising for “numerous violations” of South Carolina’s laws on disclosure in charity solicitations, WIS television of Columbia, S.C., reports.