At the University of Connecticut Robert G. Burton, a major donor to the school's football program, is asking the university not only to return a $3 million gift but also to remove his name from a building there, because he doesn’t approve of the choice for the football team’s new head coach.
Republicans Aim to Slash $2.5 Trillion from Fed Budget
The Republican Study Committee introduced the Spending Reduction Act of 2011 as a shot across the bow of Congress, announcing the serious intent of Republicans to take aim at the federal budget deficit by cutting the guts out of the social programs long delivered by the nonprofit sector.
The State of the States in the SOTU
The Century Foundation's Richard Leone says that President Obama's State of the Union speech lacked a White House commitment to help the states whose budgets are in financial freefall, leaving the nation's nonprofits whose programs are often keyed to delivering state and local government funded services flapping in the wind.
Do Charitable Tax Credits Work?
New Jersey's neighborhood assistance tax credit program just attracted a hefty investment from TD Bank. Would the bank have made these "philanthropic" investments without the incentive of a tax credit?
Crime Pays In Albuquerque
The local Crimestoppers chapter in Albuquerque, which provides reward money to tipsters, is doing such gang-busters business that it's out of money.
Even Prayer Can’t Prevent Foreclosures
Over-extended and unable to pay their mortgages, more and more churches are facing foreclosure.
Indiana Charities Want State to Ease Gambling Restrictions
Efforts to curb gambling operations in Indiana that are either illegal or mislead people into thinking they're supporting charities are having the unintended effect of cutting off nonprofits from a potentially lucrative source of revenue.
Newport Jazz and Folk Goes Nonprofit
Another high profile (re)conversion to nonprofit status – the Newport Jazz and Folk Festivals
Key Nonprofit Corporate Law Developments in 2010
This issue of the Health Law Reporter is a very useful summary of key developments in nonprofit law and regulation from the past year, and well worth a read.
Pricy Galas Attracted IRS Scrutiny
A foundation that raises funds for a California medical center is not tax exempt – what now?
Gates Foundation Spearheads Vaccinations in Pakistan
Indications of increasing social and political instability in Pakistan and Afghanistan, put the Gates Foundation in the position of addressing crucial public health issues in a region where conditions make success a tough proposition.
Foundation Aims To Make College Degrees Count
The Lumina Foundation for Education has laid out the framework for defining the knowledge and skills students need to acquire before earning a college degree – ensuring high quality for all graduates.