Tax Agency Provides Disaster-Relief Information
Donors and charities trying to assist victims of the September 11 terrorist attacks can turn to a new source of information from the IRS. The IRS has posted on its Web site the names of such organizations that have been granted tax-exempt status under an expedited process used by the revenue…
By Debra E. Blum
Contributor
IRS Handbook Offers Advice on Benefits, Forms
The IRS is giving its agents new suggestions on how to handle a range of issues that may arise during charity audits and other reviews. Among the nine topics discussed by the tax agency: recent developments in law and regulations governing federal policy for charities that pay excess compensation…
By Debra E. Blum
Contributor
Hundreds of Displaced N.Y. Charities Face Financial, Other Losses in Attack
Hundreds of nonprofit groups operating in Lower Manhattan are scrambling to recover ALSO SEE:Picking Up the PiecesCharities Brace for Lean Fund-Raising Season in Tragedy’s WakeHow Charitable Giving Fared During Crises in U.S. HistoryU.S. Freezes Assets Held by Three Islamic CharitiesDisaster-Relief…
By Debra E. Blum
Contributor
Charities large and small struggle to cope with aftermath of terrorismStunned and grief-stricken following last month’s terrorist attacks, ALSO SEE:Charities Brace for Lean Fund-Raising Season in Tragedy’s WakeHow Charitable Giving Fared During Crises in U.S. HistoryHundreds of Displaced N.Y.…
Phone Company’s Charity Deal Raises Money –Â and Questions
In Bedford, Ind., the First Assembly of God church has raised $6,000 through an unusual and somewhat controversial twist on the joint-marketing deals that charities and companies have engaged in for more than two decades. About a dozen other small organizations nationwide have also raised at least…
By Debra E. Blum
Contributor
55% of Americans Read Direct-Mail Appeals From Charities, Survey Finds
Direct mail is the No. 1 way that Americans learn about the charities they support, according ALSO SEE:How Americans Decide to Give and How Much They Donate to a new survey. Other top ways donors get information about nonprofit organizations: through their churches or from friends and relatives.…
By Debra E. Blum
Contributor
Financial Outlook Positive for Arts and Entertainment Groups, Report Says
More and more nonprofit museums, zoos, and other arts and entertainment institutions will be borrowing money to pay for building projects rather than using donations from private sources, according to a new report from Moody’s Investors Service, a major bond-rating company in New York. As…
By Debra E. Blum
Contributor
Pending Privacy Legislation Could Drive Up Cost of Fund Raising for Nonprofit Groups
Charities could spend a total of $9-billion more each year on fund-raising expenses if consumer-privacy legislation pending in Congress and in some states is passed, according to the preliminary results of a study by the Direct Marketing Association, a New York trade group that represents charities…
By Debra E. Blum
Contributor
An Entrepreneur and Explorer to Lead Outward Bound
Inspired by the teachings of Outward Bound USA, a nonprofit organization that was a pioneer in wilderness education, Richard Bangs started a for-profit business leading people on river-rafting trips. Now, 28 years later, the entrepreneur and international explorer who founded a company that has…
By Debra E. Blum
Contributor