The following awards have been presented for work in advocacy, fund raising, nonprofit leadership, philanthropy, and other areas: Arts. The Dorothy and Lillian Gish Prize Trust (New York) has announced the recipient of the 2002 award for achievement in the performing arts. Lloyd Richards, professor…
Cracking Down on Abuse: How Law Works
In 1996, Congress passed a law that allows the Internal Revenue Service to levy fines on charity officials who receive inappropriately high salaries or excessively generous benefits, as well as the trustees who authorize those arrangements. In addition, penalties can be assessed on those who…
By Elizabeth Schwinn
Contributor
How ’96 Law on Financial Abuses Has Been Applied by IRS in Four Cases
When a charity posts operating losses of $31-million in a single year and cuts back on programs, it may seem odd that its entire board of trustees should make nearly $1-million each. However, that’s what happened in 1994 at the Bernice Pauahi Bishop Estate, in Honolulu. The ALSO SEE:Falling Through…
By Elizabeth Schwinn
Contributor
Charity Gets Help From IRS in Dealing With Missing Funds
Not all charities are fond of a 1996 law that cracks down on nonprofit officials who receive overly lavish ALSO SEE:Falling Through the CracksA Controversial Provision Requires Charities to Tell IRS About Misdeeds of Top OfficialsHow ’96 Law on Financial Abuses Has Been Applied by IRS in Four Cases…
By Elizabeth Schwinn
Contributor
A Controversial Provision Requires Charities to Tell IRS About Misdeeds of Top Officials
The Internal Revenue Service is seeking help from some unusual quarters as it enforces a law designed to punish ALSO SEE:Falling Through the CracksCharity Gets Help From IRS in Dealing With Missing FundsHow ’96 Law on Financial Abuses Has Been Applied by IRS in Four Cases charity executives and…
By Elizabeth Schwinn
Contributor
IRS pursues few corrupt charities despite tough federal lawA federal law that was supposed to crack down on charity officials who reaped undue financial benefits from ALSO SEE:A Controversial Provision Requires Charities to Tell IRS About Misdeeds of Top OfficialsCharity Gets Help From IRS in…
By Elizabeth Schwinn
Contributor
Nonprofit Groups Urged to Trim Rates Paid on Gift Annuities
Charities should trim the rates they pay donors of gift annuities, according to a national planned-giving organization. The American ALSO SEE: New Gift-Annuity Rates for One Individual Council on Gift Annuities has recommended that, starting in January, charities reduce rates for donors of all ages…
By Brad Wolverton
Contributor
U.S. Supreme Court Decides to Review Charity Telemarketing Case
Washington In a case that could alter the way states regulate charitable fund raising, the U.S. Supreme Court has agreed to review a lawsuit charging an Illinois telemarketing company with fraud. At issue is whether a professional solicitor can be prosecuted for fraud for not disclosing to…
By Harvy Lipman
Contributor
Lay Catholics Increasingly Seek Influence Over How Gifts Are Used
Lay Catholics have responded to the clergy sexual-abuse scandal by pressing for greater influence ALSO SEE:Lifting Their VoicesBoston Archdiocese Seeks to Offset Fund-Raising Fallout in church decision making and by withholding their contributions to the church. Those actions, say scholars who…
By NICOLE WALLACE
Features Editor
Boston Archdiocese Seeks to Offset Fund-Raising Fallout
The Roman Catholic Archdiocese of Boston, engulfed in controversy over how it handled allegations of sexual abuse ALSO SEE:Lifting Their VoicesLay Catholics Increasingly Seek Influence Over How Gifts Are Used by dozens of its priests, has revised some of its key fund-raising practices in an effort…
By NICOLE WALLACE
Features Editor