Obama 2015 Budget Would Cap Charitable Deduction at 28% for Wealthy
The president’s plan also contained proposals on spending that would affect AmeriCorps, early-childhood education, and other programs of interest to nonprofits.
By Alex Daniels
Contributor
House Tax Plan Would Penalize Nonprofits That Pay High Salaries
The plan would levy a surtax on nonprofits that pay employees $1-million-plus and would require that gifts to donor-advised funds be deployed to charities within five years.
By Alex Daniels
Contributor
Foundations to Give $200-Million More to Help Young Minority Males
At a White House meeting today, more than two dozen grant makers will announce they are adding that sum to the $150-million they had already earmarked to help blacks and Latinos.
By Alex Daniels
Contributor
House Tax Plan Would Limit Charitable Deduction
Nonprofit advocates slammed the plan, which would allow people to deduct only the amount above 2 percent of income that they give to charity.
By Alex Daniels
Contributor
War on Poverty Story: Nonprofit Career Had Its Roots in ’60s Program
Working for Upward Bound, which helped high-school students go to college, led to antipoverty and civil-rights jobs.
By Marci Levin
Contributor
War on Poverty Story: Son of Migrant Parents Now Advocates for Low-Wage Workers
Some days, free breakfast and lunch programs at school provided the only food Luis Sandoval ate all day. The Migrant Education Program gave him academic support.
By Luis Sandoval
Contributor
War on Poverty Story: a Focus on Empowering the Poor
Starting at a young age, Arnold Fege devoted his time and later his career to equity and social justice.
By Arnold F. Fege
Contributor
President’s Speech Urges Foundations to Support Young Children and Black Men
After hearing the president’s State of the Union speech, foundation leaders say that Congress must follow through with increased spending.
By Alex Daniels
Contributor
War on Poverty Story: Educational Grants Opened Doors for a Former Farm Worker
Financial aid helped level the playing field for Diana Bermudez and other ethnic-minority students.
By Diana Bermudez
Contributor
War on Poverty Story: Father’s Rise From a Poor City Inspires a Daughter’s Antipoverty Work
As Lisa R. Jackson’s career evolved, she realized that programs for the poor set people on a path, but something within has to motivate and sustain them.
By Lisa R. Jackson
Contributor
Charitable Deduction Probably Safe for 2014, Say Experts
Less certain is how lawmakers will deal with tax breaks for charities that expired at the end of last year.
By Alex Daniels
Contributor
War on Poverty Story: From Student Organizer to Nonprofit Leader
The seeds of Marc Levy’s nonprofit work in education and health began when he headed a student-run group to help the poor in the 1960s.
By Marc R. Levy
Contributor
Charities Rethink Antipoverty Goals in Recession’s Wake
Nonprofit leaders are developing new strategies after ambitious deadlines were derailed by the economic downturn and its effect on Americans’ finances.
By SUZANNE PERRY
Contributor
IRS Hit for Slow Action in Reviewing Pulled Tax Exemptions
The national taxpayer advocate, a federal appointee who monitors the tax agency, said understaffing had caused a lag in correcting the status of groups whose exemptions were wrongly revoked.
By SUZANNE PERRY
Contributor
Mass. Attorney General Calls for More Data on CEO Pay
State Attorney General Martha Coakley wants groups to make information available much more quickly than they do now.
By Doug Donovan
Contributor
Federal Grantees to Get Help With Overhead Costs
Charity leaders say the new rule will help reduce current financial pressures but doesn’t go far enough.
By Alex Daniels
Contributor