IRS Outlines Revisions to New Form 990
The Internal Revenue Service is planning to make some significant changes to its proposal to revise the Form 990 informational tax return. Among the key changes: the form will not require charities to calculate ratios that would measure fund-raising expenses, executive compensation, and operating…
Congressman Proposes “Simple” Measure to Encourage IRA Gifts
A simple measure proposed on IRA gifts
Catholic Charities Continues Fight for Children’s Health Insurance
Catholic Charities continues fight for children’s health insurance
Consumer Group Seek to Change Rules for Nonprofit Hospitals
Lawmakers urged to tighten rules for nonprofit hospitals
Congressional Philanthropy Caucus Ready to Take Off
Congressional philanthropy caucus ready to take off
Should Colleges Be Required to Spend More From Their Endowments?
Congress urged to set payout rules for college endowments
Senators Take Aim at Tax Shelters For Endowments
Senators take aim at tax shelters for endowments
Senator Questions Tax Breaks for Athletics Donations
Senator questions tax beaks for sports donors
Foundations Not Doing Enough For Minorities, Watchdog Group Says
Foundations not doing enough for minorities, watchdog group says
Some Blunt Advice for Foundations From a Key Senate Aide
Some blunt advice for foundations from a Senate aide
Congress Questions Whether Charities Do Enough for Minorities
Prominent executives from the American Red Cross and the Ford Foundation are among those who have been called to testify Tuesday before a key Congressional committee examining whether charities and foundations do enough to serve minorities. The House Ways and Means Oversight Subcommittee is playing…
Charities Largely Untouched By New Congressional Ethics Law
Charities largely untouched as Congress tightens its ethics rules
Small Groups Get Advice on New IRS Form
Small groups get advice from the IRS
Charities Keep Eye on Bush Tax Plans
By Grant Williams Charity officials are watching closely to see whom President Bush names to a committee that he plans to form to advise the Treasury Secretary on how to overhaul and simplify the federal tax code. The appointments could offer a clue to the changes Mr. Bush may eventually seek from…
Federal law bars foundations — but not charities — from making loans to their officers and directors. The practice is prevalent enough that two influential voices in the charity world reacted sharply to The Chronicle’s findings.