Nonprofit Newswire | February 4, 2010

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The Nonprofit Quarterly Nonprofit NewswireTARP and Community Lending

February 3, 2010; U.S. Treasury Department | The Wall Street bailout failed “in many ways”, not the least of which is that the TARP-subsidized banks failed to restart their frozen lending pipelines.—Rick Cohen


The Nonprofit Quarterly Nonprofit NewswireHouse Poor Homeless Shelters

February 3, 2010; Atlanta Journal-Constitution | In Atlanta, one of the city’s biggest shelters is being foreclosed on by Ichthus Community Trust, which just purchased the loan from two nonprofit lenders.—Ruth McCambridge


The Nonprofit Quarterly Nonprofit NewswireNew Nonprofit Journal’s Bias Questioned

February 2, 2010; Columbia Daily Spectator | Last month saw the launch of The Fiscal Times, a nonprofit publication covering “U.S. fiscal, budgetary, and economic issues.” TFT is underwritten by Pete Peterson, the Wall Street mogul with a questionable agenda of his own.—Timothy Lyster


The Nonprofit Quarterly Nonprofit NewswireNonprofits and the Sales Tax

February 3, 2010; Spokesman Review | Nonprofit homeless shelters may soon get a small break in Washington state as the House Revenue and Taxation Committee voted to waive the state’s 6% sales tax for these groups until 2012.—Kristin Barrali


The Nonprofit Quarterly Nonprofit NewswireAccelerated Deductions for Haiti Giving

January 22, 2010; Minneapolis Star Tribune | New legislation would allow taxpayers to write off charitable donations to Haiti earthquake relief efforts when they file their 2009 taxes this spring.—Aaron Lester



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