Google’s CEO Takes On a Nonprofit Role
Eric Schmidt, chief executive of Google, will become the chairman of the New America Foundation’s Board of Directors on June 1, the group announced. He plans to mark his new role by making an unrestricted $1-million donation to the Washington think tank. Mr. Schmidt has served on the board since…
By Sam Kean
Contributor
White House Seeks to Extend Charitable Tax Incentives
In the budget plan for 2009 that President Bush submitted to Congress, he proposed making permanent several temporary ALSO SEE:ARTICLE: A Budget Squeeze Hits CharitiesARTICLE: Struggles in the StatesARTICLE: Charities That Faced Deficits in Last Recession Are Still Trying to Recover, Report Finds…
By Sam Kean
Contributor
Charity Rebate Messages Are a Scam, IRS Warns
Charity rebate messages are a scam, IRS warns
By Sam Kean
Contributor
IRS Seeks to Investigate Charges That Church Endorsed a Presidential Candidate
IRS investigates Calif. church over electioneering charges
By Sam Kean
Contributor
IRS Issues Updates on Compliance and Complaints
IRS explains how it handles complaints about charities
By Sam Kean
Contributor
Google CEO Named Chairman of Washington Think Tank
Google CEO named chairman of Washington think tank
By Sam Kean
Contributor
Las Vegas Pastor Criticized for Potential Endorsement
Americans United for Separation of Church and State, a watchdog group, has sent a letter to the Internal Revenue Service asking the agency to investigate a preacher’s apparent endorsement of a presidential candidate. Under federal law, nonprofit organizations are not allowed to engage in partisan…
By Sam Kean
Contributor
Form 990 Instructions Expected Soon
The Internal Revenue Service will release the new informational tax return, known as Form 990, on a staggered schedule, the agency announced at a meeting of tax lawyers last month. The final draft of the revised 990 will be unveiled in the middle of the year, but the agency will release…
By Sam Kean
Contributor
Companies Urged to Update Their Charitable-Giving Plans
American businesses have increased their giving in the United States and around the world in recent years, but most companies do not donate enough to charity and have not adequately incorporated philanthropic efforts into their overall operations, say two new studies. The studies are based on…
By Sam Kean
Contributor
Many charities feel vulnerable as economy slipsThe faltering economy is starting to affect a growing number of charities and the people they serve. In ALSO SEE:ARTICLE: How a Recession Would Affect Fund Raising: Certain Gifts Could GrowGRAPHS: How the Economy Affects Giving to Different Types of…
By Sam Kean and Holly Hall