Colorado Demands Creation of Fund
Colorado Blue Cross and Blue Shield, which plans to convert from non-profit to for-profit status, has been ordered by the State of Colorado to create a foundation with proceeds from the conversion. The order, issued last month by the Colorado Commissioner of Insurance, also calls for the…
Many Provisions in President’s Budget Could Affect Philanthropy
Tucked into President Clinton’s proposed budget for the coming fiscal year were numerous provisions that could affect philanthropy. The President asked Congress for increased spending for education and social-welfare, and for an extension of a tax break for people who donate stock to their…
By Jennifer Moore
Contributor
New Web Directory Aimed at Donors
Charitable Choices is hoping that its new Web site will encourage people to contribute to its 234 member charities and that it will help donors make informed choices about which groups to support. All charities listed on the Web site participate in the Combined Federal Campaign, the government’s…
By Paul Demko
Contributor
Index Helps Track Down Articles on Non-Profit Issues
The Foundation Center has created an on-line version of its publication Literature of the Nonprofit Sector. The searchable data base contains more than 15,000 bibliographic citations for books, periodicals, CD-ROM’s, and other information resources. Citations from almost 100 publications are…
By Paul Demko
Contributor
Charities to Cash In Through On-Line Book Sales
Barnes & Noble, the big bookstore chain, is enlisting charities to help it peddle books via the Internet -- and offering them a cut of the profits. Charities that want to participate in the deal must showcase books on their Web sites. If people are interested in purchasing a book, they can click on…
By Paul Demko
Contributor
Bitter Legal Dispute Pits National Diabetes Group Against a State Affiliate
A federal courtroom in Providence, R.I., is the arena for an angrily contested breakup involving the American Diabetes Association and its Rhode Island affiliate. The Rhode Island group split off from its institutional parent rather than give up its autonomy, which it would have had to do under a…
By Stephen G. Greene
Contributor
IRS Is Urged to Make Some Revisions in Plan to Enforce Disclosure Law
The Internal Revenue Service is being encouraged to think more about the day-to-day pressures that face non-profit groups as it drafts new rules to explain how organizations must comply with a new information-disclosure law. In comment letters it received from charity officials and others, the…
By GRANT WILLIAMS
Contributor
Goodwill Looting: California Scam Yields Lessons for Charity Managers
Big-time embezzlement and fraud at a well-known charity. Millions of dollars in cash stashed in office drawers, closets, and secret accounts. Family ties forged in poverty, tempered by crime, and sundered by revelations made during a bitter divorce. Money laundering. Suicide. It sounds like a…
By Thomas J. Billitteri
Contributor
‘Points of Light’ Awards Honor Outstanding Volunteers
Following are the people and organizations that have most recently been named to receive President Clinton’s daily “Points of Light” award. The awards, which are given to those who have done exemplary volunteer work, take their name from President Bush’s description of people who do community…
Donors to Liberty U. Reveal Identity
The donors of $70-million in anonymous gifts to Liberty University over the past 12 years have stepped forward. Beginning in 1986, Arthur Williams of Palm Beach, Fla., a retired life-insurance executive, and his wife, Angela, made several donations to support capital projects at the private…