Report Reveals Increases in Non-Profit Theaters’ Income
Two-third of the nation’s non-profit theaters ended last year with a surplus -- the first time in a decade that a majority of theaters were operating in the black, according to a new study. ALSO SEE:Non-Profit Theaters: a Statistical Profile Total income for the theaters came to $565-million in…
By Marilyn Dickey
Senior Editor, Copy
IRS to Hold Public Hearing on Proposal for Travel Tours
The I.R.S. is inviting charity officials to attend a public hearing on February 10 in Washington to discuss controversial proposed guidelines on travel tours (The Chronicle, May 7). Earlier this year, the revenue service proposed new rules to explain when universities, museums, and other tax-exempt…
By GRANT WILLIAMS
Contributor
Tax Agency Shelves Idea of Changing Filing Rules
The Internal Revenue Service has dropped -- at least for now -- the idea of reducing the number of non-profit groups that are required to file an informational tax return, known as a Form 990. Currently, all charities with annual revenue of at least $25,000 are required to file. Last year, the…
By GRANT WILLIAMS
Contributor
The following awards have been presented for work in philanthropy, fund raising, volunteerism, and non-profit management: Disabled. The Prince Charitable Trusts (Chicago) has presented its 1998 Henry B. Betts Award to Lex Frieden, senior vice-president at the Institute for Rehabilitation and…
‘Governing’: Competition for Corporate Sponsorships
Corporate sponsorships are a promising arena for raising charitable dollars, but now non-profit groups face an increasingly tough rival in pursuit of company cash: local governments that are cutting marketing deals with some of the nation’s biggest and wealthiest businesses. Governing magazine…
By Thomas J. Billitteri
Contributor
‘Kiplinger’s’: Value in Non-Cash Gifts
“Put away the checkbook,” Kiplinger’s Personal Finance magazine (December) tells charity donors. “A non-cash gift gets you more bang for your giveaway buck.” The magazine outlines the benefits of particular non-cash gifts, including the following: * Stock and mutual-fund shares. Stock donations…
By Thomas J. Billitteri
Contributor
Bits: an E-Mail Guide to Resources; Social Entrepreneurs on the Web
* Action Without Borders has started an e-mail guide to on-line non-profit resources. The biweekly e-mail newsletter, “Ideas in Action,” highlights articles and Web sites that deal with fund raising, non-profit management, and other topics of interest to charity executives. To subscribe, go to…
By Paul Demko
Contributor
Company Creates Guide for Left-Wing Advocates
Phil Mitchell is trying to simplify life for the “progressive” on-line advocate. Fed up with the amount of time it took him to sort through all the e-mail legislative alerts he received, Mr. Mitchell has started “If Not Now.” The Web site serves as a clearinghouse for policy information from 14…
By Paul Demko
Contributor
Religious Groups Create Disaster-Relief Web Site
A coalition of 10 religiously affiliated disaster-relief groups has started the “Disaster News Network.” The on-line news service provides coverage of floods, tornadoes, and other disasters -- both natural and man-made. The goal is to become the place that people turn to for information on…
By Paul Demko
Contributor
Critics Say Charitable Assets Were Lost in Pennsyvania Hospital Deal
Tenet Healthcare, a California company that owns hospitals around the country, will transfer an estimated $190-million to two new charities as part of a deal to buy a bankrupt chain of non-profit hospitals. But critics of the deal say that the hospitals -- formerly owned by the Allegheny Health…
By Debra E. Blum
Contributor