Nonprofits Hail Antipoverty Measures and $1 Billion for AmeriCorps in New Stimulus Measure
The legislation could help relieve the burden on nonprofits and foundations to serve the neediest, but charity advocates were frustrated that no new tax breaks for charity donors were included.
By Michael Theis and dan.parks
$10 Billion Bezos Earth Fund’s New CEO Expected to Provide Strategy and Transparency
Andrew Steer, who leads the environmental think tank World Resources Institute, says the Bezos fund plans to give all its money away in a decade.
By dan.parks
Contributor
Stimulus Bill Would Make Some Large Nonprofits Eligible for Forgivable Loans
The $1.9 trillion stimulus package passed by the House also would extend and expand help for nonprofits that self-insure unemployment benefits and would provide aid that could help many nonprofits that receive contracts from state and local governments.
By dan.parks
Contributor
United Way Worldwide Names Board Member Neeraj Mehta as Interim CEO
He replaces Brian Gallagher, who recently announced he would resign following an investigation that found the organization should improve its workplace culture, morale, and procedures regarding discrimination, harassment, and retaliation.
By dan.parks
Contributor
Investment Earnings in DAFs Total at Least $5 Billion, Study Finds
A new study by the American Enterprise Institute and the Philanthropy Roundtable argues that charities benefit — eventually — when money sits idle in donor-advised fund accounts because the total dollars to give away keeps growing.
By dan.parks
Contributor
The organization last week released an internal investigation urging changes in workplace procedures but said it did not find major wrongdoing.
By Emily Haynes and dan.parks
Investigation Finds No ‘Actionable’ Sexual Bias at United Way but Urges Better Policies
The report came after several women, including a chief marketing officer, said they were retaliated against for complaining about sexual harassment and discrimination.
By dan.parks
Contributor
The leaders of 65 conservative-leaning philanthropy organizations have urged Congress to reject tax proposals intended to speed up distributions from foundations and donor-advised funds.
By dan.parks
Contributor
Nonprofit Advocates See Hope for Legislation on Tax Deductions and More
Nonprofit advocates are optimistic that the Biden administration and new leaders in the Senate will extend a law allowing all taxpayers to itemize their charitable deductions, and perhaps other policy changes helpful to nonprofits.
By dan.parks and MICHAEL THEIS
Nonprofits Would Be Eligible for New Federal Aid Under Biden Stimulus Plan
The measure also contains numerous provisions that would relieve the burden on nonprofits crushed by soaring demand from Americans in need of food, housing, and other basic necessities.
By dan.parks
Contributor