Senate Agrees to Extend IRA Tax Incentive, Ease Pension Rules
The Senate adopted legislation last week to extend through 2010 a tax break to encourage older people to donate money from their individual retirement accounts to charity.
By SUZANNE PERRY
Contributor
Bill Clinton and Bill Gates Ask for Global-Health Spending Increase
Bill Clinton and Bill Gates team up to ask Congress for an increase in global-health spending.
By Ian Wilhelm
Contributor
White House Panel’s Proposal Would Tighten Rules for Religious Groups That Get Federal Money
A White House panel has issued a new report proposing ways to strengthen rules to ensure that religious charities use federal money only for secular purposes.
By SUZANNE PERRY
Contributor
California’s Budget Woes and Charities: by the Numbers
A look at what California’s budget crisis means to nonprofit groups in the Golden State.
Budget Breakdown: Mapping the 2010 State Budget Crisis
View The Chronicle’s interactive map, which outlines the financial condition of each state in 2010 and offers a look at which states are expecting budget shortfalls in 2011.
Ministers Question D.C. Center’s Status
A group of Ohio clergy members has asked the Internal Revenue Service to review whether the C Street Center, in Washington, continues to qualify as a church.
By GRANT WILLIAMS
Contributor
Charitable Deductions Declined in 2008
Tax deductions claimed by Americans for charitable contributions declined by 7.2 percent from 2007 to 2008, according to preliminary data from the Internal Revenue Service. The tax agency will issue its final tally of deductions months from now, but the drop shows how sharply the recession appears…
By GRANT WILLIAMS
Contributor
Charities Avoid Business-Income Tax
Only about 40 percent of the nearly 14,200 charities that earned business income unrelated to their charitable missions wound up paying taxes on those earnings in the 2006 tax year, according to IRS statistics. These charities reported a collective gross income from business activities of more than…
By GRANT WILLIAMS
Contributor
Groups Risk Loss of Charity Status
The IRS is urging charities to be mindful of an approaching deadline that could strip organizations of their tax-exempt status if they have not filed proper forms with the government for the past three years.
By GRANT WILLIAMS
Contributor
IRS Adds Workers to Oversee Charities
The Internal Revenue Servies has hired 155 new employees to improve its oversight of the nonprofit world.
By GRANT WILLIAMS
Contributor
California Charity Advocates Plead Their Cases and Brace for Cuts
Charity leaders in California, the state facing the most serious financial crisis, are trying to help lawmakers make hard choices while keeping their own operations afloat.
By SUZANNE PERRY
Contributor
How a Domestic-Violence Group Copes With Unreliable Support From the State
A domestic-abuse charity in Sacramento struggles to keep up with a rise in demand and California’s budget crisis.
By SUZANNE PERRY
Contributor
California Charities Look for Ways to Fix a Broken Fiscal System
Nonprofit groups and foundations are seeking to change how California’s budget system works, an effort that could help other states dealing with fiscal crises.
By SUZANNE PERRY
Contributor
Mass. Data Privacy Rules Could Affect How Charities Nationwide Do Business
Massachusetts has enacted one of the nation’s strictest privacy laws, a move that will affect how nonprofit groups handle financial information from their donors and from the people they serve.
By GRANT WILLIAMS
Contributor
House Approves Jobs Tax Break for Nonprofit Employers
The House of Representatives on Thursday endorsed a Senate plan to give tax breaks to nonprofit and other employers that hire unemployed workers.
By SUZANNE PERRY
Contributor
Congress Urged to Help Charities Get Credit
Independent Sector, a coalition of charities and foundations, today again urged Congress to consider creating a program to provide bridge loans to nonprofit groups that are facing delays in getting paid by state and local governments.
By SUZANNE PERRY
Contributor