A Biography of a Socialite and Philanthropist
NEW BOOKS The Last Mrs. Astor: A New York Story
By Anne W. Howard
Contributor
The Basics of Writing Grant Proposals
NEW BOOKS The Complete Idiot’s Guide to Grant Writing: An Essential Resource for Securing the Funds You Need, Second Edition
By Anne W. Howard
Contributor
Interim CEO Resigns From Red Cross
Jack McGuire, who has served as interim chief executive of the American Red Cross since December 2005 but lost his bid to get the top job permanently, has decided to leave the organization in mid-July. “After much deliberation, I have decided to leave the American Red Cross as an employee and I now…
By SUZANNE PERRY
Contributor
Arts Organizations Produce $166-Billion in Revenue
Nonprofit arts groups helped to produce $166.2-billion in economic activity in 2005, growing by 11 percent in inflation-adjusted dollars from five years before, says a new report. Spending by arts and culture organizations themselves amounted to $63.1-billion, a 4-percent increase from 2000.…
By Regina Nuzzo
Contributor
Guidelines Offered on Reporting Compensation
Following widespread confusion among charities over how much information they must provide about their key officials to the Internal Revenue Service, the tax agency has posted informal guidelines on its Web site. The IRS last year revised its Form 990, the federal informational tax return charities…
By Elizabeth Schwinn
Contributor
IRS Issues New Rules on Disclosing Charity Income
The Internal Revenue Service has released rules that explain how charities should put into practice a new law that requires them to publicly report income they receive that is not related to their missions. Under the Pension Protection Act, which became law last August, all charities for the first…
By Elizabeth Schwinn
Contributor
Tax Agency Reviews Lease Donations
The Internal Revenue Service says it is investigating a possible tax scam involving charities that accept donations of a type of property lease. In a letter to Sen. Max Baucus, the Montana Democrat who chairs the Senate Finance Committee, the tax agency says it has identified 48 companies, mostly…
By Elizabeth Schwinn
Contributor
Rising Costs Put Pressure on Charity Budgets
Steep cost increases and waning government support are squeezing nonprofit groups to the point that about one-third of all organizations are expecting severe financial stress during the next year, according to a new report by the Johns Hopkins University’s Center for Civil Society Studies. But…
By PETER PANEPENTO
Contributor
Bits: Conference to Discuss Municipal Wi-Fi and Broadband Projects Planned for July
“Impact: The Digital Revolution,” a conference to discuss municipal wi-fi and broadband projects, is scheduled to take place in Houston July 26-28. One of the meeting’s sponsors is Technology for All, an organization in Houston that focuses on technology as a way to increase educational and…
By NICOLE WALLACE
Features Editor
New Web Sites Specialize in Financing Charity Projects
Two new sites, ChangingThePresent.org and Bring Light, are giving donors the opportunity to make gifts that support specific projects, rather than giving general contributions to a charity to use as it chooses. Both sites also give donors the ability to set up online fund-raising drives to raise…
By NICOLE WALLACE
Features Editor