Congressional Committee Passes Repeal of Nonprofit ‘Parking Tax’
The provision of the 2017 tax overhaul created significant compliance burdens, charity advocates say.
Congress Passes Bill to Force Charities to File Tax Forms Electronically
If President Trump signs the measure, all nonprofits would be expected to file their informational returns in machine-readable format starting next year.
The Legacy of a Pioneering Scholar on Charitable Giving
The late Harvard economist Martin Feldstein had a profound impact on the study of philanthropy. His ideas and research going back decades are still being used today.
Calif. Creates New Position to Connect Nonprofits With State Government
Kathleen Kelly Janus will serve as senior adviser on social innovation to Gov. Gavin Newsom. Nonprofit experts across the country are sure to watch whether she can steer the wealth of Silicon Valley to where it will help residents the most.
ProPublica Unveils New Tool Making It Easier to Search 3 Million Nonprofits’ Tax Filings
The feature lets users search the complete text of the Form 990 that nonprofits must file with the IRS.
Tax Law Could Slash Giving by $19 Billion a Year, Report Says
The report also outlined a variety of tax proposals that could increase giving by as much as $37 billion.
4 Big Foundations Commit $20 Million to Promote the Census — and Call for More
Ford, JPB, Kellogg, and Open Society add new funds and issue a call for more grants, noting that the census affects a wide range of philanthropic missions and needs to be accurate.
Hallucinogens like psilocybin and LSD remain illegal, but researchers want to test their ability to treat PTSD, addictions, and other disorders.
New Tax Could Hit Many Nonprofits Paying $1 Million-Plus Employees
A Chronicle analysis identified 226 nonprofits that paid one or more employees compensation in excess of $1 million a year, potentially exposing those charities to a new 21 percent levy under the 2017 tax law.
Senate Leaders Tell IRS to Investigate Charitable Gifts in College-Admissions Scandal
The top Republican and top Democrat on the Finance Committee said the IRS should find out whether payments parents made to a “sham” charity involved in the scandal were improperly claimed as tax deductions.
Nonprofit Watchdogs Hail E-File Bill, but Some Charities Push Back
One nonprofit advocate says an expanded e-filing mandate could burden smaller nonprofits in rural areas caught on the wrong side of the digital divide.
Trump’s Threat to Cut Aid to Central America Puts Heavy Burden on Nonprofits, Leaders Say
The proposal could have the unintended consequence of increasing the number of asylum seekers — and the demand for services, charity leaders and fundraisers say.
Nonprofits Named in Opioid Lawsuit Stay Mum About Ties to Sacklers
The lawsuit names several New York cultural institutions as beneficiaries of Sackler donations, then accuses the family of using their philanthropy “to cover up their misconduct.”
Bipartisan Bill Would Require E-Filing for Nonprofits
The legislation has attracted powerful co-sponsors from both sides of the aisle, including House Ways & Means Committee Chairman Richard Neal and the top Republican on the panel, Kevin Brady.
Charities Urge Repeal of Parking Tax Ahead of April 15 Tax Deadline
Nonprofit advocates say there is bipartisan support for reversing the provision, but “political jockeying” is getting in the way.
After Scandal, Higher Ed Fundraisers Fear Efforts to Curtail Deductions
The Varsity Blues college-admissions brouhaha has already prompted one prominent lawmaker to propose legislation that could have a big impact on giving.