Charities Urged to Disclose More Data on Operations
Most nonprofit groups’ Web sites do not offer enough detailed information about the organizations’ finances, programs, and leadership, according to a new report that documents how much information charities disclose online. The findings suggest that charities need to better respond to donors’…
By Debra E. Blum
Contributor
GuideStar Unveils Web-Site Changes
GuideStar has revamped its online repository of charity data to make it easier for groups to post more information. Organizations can for the first time add logos, photographs, and videos to their profiles on GuideStar, and the site now offers an easy way for groups to upload key documents, such as…
By Debra E. Blum
Contributor
Internet Gains Remain Strong, but Slowing
Online giving was up 14 percent last year, according to an analysis of data from nearly 600 clients by Convio, an Austin, Tex., company that provides Web-based software to charities. But the rate of growth was down from 2007, the company found, when online fund raising had jumped 26 percent from…
By Debra E. Blum
Contributor
Charity Web Sites Come Up Short in Survey of Financial Disclosures
Most nonprofit groups’ Web sites do not offer enough detailed information about the organizations’ finances, programs, and leadership, according to a new report that documents how much information charities disclose online. The findings suggest that charities need to better respond to donors’…
By Debra E. Blum
Contributor
IRS Says Charity’s Web Site Crossed Lines
A new ruling by the Internal Revenue Service could have broad implications for charity Web sites, nonprofit tax and technology experts say. The IRS ruled that a local chapter of a national charity violated the prohibition against politicking by including the political-campaign materials of an…
By Debra E. Blum
Contributor
Colleges Worry Their Credit Ratings May Suffer
Colleges worry their credit ratings may suffer
By Debra E. Blum
Contributor
National Heritage Foundation Files for Bankruptcy After Court Orders Payout
The National Heritage Foundation, a Virginia charity ordered last fall to pay millions of dollars to donors who said they had been misled by the organization, last month filed for bankruptcy. Jan H. Ridgely, vice president of the National Heritage Foundation, says the organization, which manages…
By Debra E. Blum
Contributor
Charity Outlook Is Bleak, Financial Unit Says
Nonprofit organizations are in for a tough year of tightening credit markets and a deepening recession, according to two new reports from Moody’s Investors Service, a credit-rating agency, in New York. According to the report, which tracked bond ratings in 2008 for 742 nonprofit borrowers, ratings…
By Debra E. Blum
Contributor
Nonprofit Group Files for Bankruptcy
Nonprofit group seeks bankruptcy protection
By Debra E. Blum
Contributor