President Vows Not to Deter Wealthy From Giving
Mr. Obama told Congress he wants rich people to pay at least 30 percent of their incomes in taxes but that he would ensure the changes didn’t damage their willingness to give.
Romneys Gave 16% of Their Income to Charity
According to tax records released by the Romney campaign, Mitt and Ann Romney reported $21.6-million in income in 2010 and gave $3-million to charity. In 2011, they reported $20.9 million in income and $4 million in charitable gifts.
Newt Gingrich Donated 2.6% of Income to Charity in 2010
He donated more than $80,000, while his foundation made $120,000 in grants.
Does Charity Advocacy Pay Off?
A new study by a group that promotes advocacy says nonprofit efforts have reaped billions of dollars in benefits to communities.
Charities Ask Supreme Court to Uphold Health-Care Law
Charities and patient-advocacy groups say the Supreme Court should uphold a health-care law that requires most Americans to buy health insurance.
Federal Cuts Likely to Shut Down Some Charities, Report Warns
To fend off problems, some nonprofits are hiring employees to manage government aid and focusing on ways to get a share of health-care money, one of the few sources of growth in government budgets.
A La. Congressman Seeks Nonprofit Accountability
Rep. Charles Boustany, who heads a powerful Ways and Means subcommittee, plans to get more aggressive in curbing wrongdoing by charities and asking the Internal Revenue Service to step up enforcement.
IRS Urged to Improve the Process of Reinstating Dropped Charities
An internal monitor says the process of reinstating charities that have lost their tax-exempt status is unnecessarily burdensome.
Budget Cut Could Curtail Oversight of National-Service Programs
The office that monitors federal volunteer and national-service programs will have to lay off at least three-fourths of its staff.
Former Nonprofit Leader Named to Top White House Job
President Obama has appointed a former leader at National Council of La Raza, a Latino advocacy group, as director of the Domestic Policy Council.
Target Executive Elected to Head National-Service Board
The new chair of the Corporation for National and Community Service leads a board that has nine vacancies.
Losing Federal Aid, Mass. Food Banks Seek More State Money
The four nonprofit groups that stock food charities across Massachusetts are asking Gov. Deval Patrick’s administration to boost aid in the face of declining federal funds, higher food prices, and rising demand, according to the Boston Herald.
Welfare Cuts and High Unemployment Squeeze Calif. Safety Net
California has shrunk welfare payments, trimmed the period recipients can get aid from 60 to 48 months, and cut spending on job-training and education programs for people on welfare, the Associated Press.
More Medicaid Cuts Loom for Deficit-Racked States
Cutbacks in care, longer waits to see doctors, and restrictions on prescriptions await Medicaid patients in the new year as cash-strapped states seek to rein in health-care costs, the Associated Press reports.
Nonprofits’ Projects on Hold as Ohio Slashes Capital Spending
Public funds that routinely helped Ohio universities, arts and recreation centers, and community and social-service groups build and renovate facilities are due to dry up in the coming year, according to the Cincinnati Enquirer.
N.Y. Review Eyes Community-Development Groups’ Finances
New York’s attorney general is reviewing more than 200 local-development corporations across the state amid concerns about possible nepotism and financial improprieties by some groups, the Associated Press reports.