By Tim Devaney, staff writer, The Hill | Nonprofit groups are assailing a proposed rule from the Internal Revenue Service, warning the regulations could dry up donations and leave them vulnerable to hacking. The IRS is proposing new requirements for nonprofits to collect the Social Security numbers of their donors. Currently, nonprofits send donors a […]
By Sherri Welch, senior reporter, Crain’s Detroit Business | The U.S. Congress has approved a bill that would make three charitable tax incentives permanent, according to Washington, D.C.-based Independent Sector, which called the move “a monumental victory on Capital Hill” in an open letter to its members. Independent Sector and the nonprofit sector as a […]
By William Foster, Gail Perreault, Alison Powell and Chris Addy, Bridgespan, for SSIR | When Don Fisher stepped down as chief executive of the Gap in the late 1990s, he and his wife, Doris, decided that they wanted to tackle one of the most difficult social challenges in the United States: improving public education. Through […]
By Jamie Levine Daniel, assistant professor of nonprofit management, SPEA IUPUI | Nonprofits often engage in earned revenue activities to generate revenue to fund their mission-driven programs and services. These market-based income activities can take many forms — some directly related to the organization’s mission, some not. For example to generate funds, an art museum […]
By David Crary, reporter, Associated Press | The huge philanthropic pledge by Facebook CEO Mark Zuckerberg and his wife — totaling perhaps $45 billion — reflects the fast-paced emergence of a new Gilded Age of giving. The changes excite many in the charity world, but also raise questions about effectiveness, ethics and the impact on […]
By Laura Arrillaga-Andreessen for The New York Times | Suppose you want to help people in struggling communities become better health care consumers. Or to try to prevent terrorist attacks using Big Data. Or to develop lab tests that cost a fraction of what most providers charge. Do you create a business or a nonprofit? […]
By Nell Edgington, president, Social Velocity | This is my favorite time of year. Despite the darkness of the last few months, December is often about reflecting on the year that is drawing to a close and hopes for the new one coming. And as is my tradition on this blog, I like to look ahead at […]
By Jim Simpson, CPA and director, Financial Technologies & Management | In 2013, over 1.5 million tax-exempt organizations in the U.S. reported $1.74 trillion in total revenues and $1.63 trillion in total expenses, according to the National Center for Charitable Statistics. That means nonprofits are responsible for reporting and tracking all that financial information. In September, […]
By Erica E. Phillips, reporter, Wall Street Journal Logistics Report | Each year, food donations coming in to Second Harvest Food Bank of Middle Tennessee surge from November through December to nearly double what the charity receives in the rest of the year. It is a deluge of everything from canned soups, boxed cereal to […]
By John Bare, vice president, The Arthur M. Blank Family Foundation | The third wave of innovation in urban ag is upon us, and it’s all about supply chain and distribution. The first wave of innovation demonstrated the potential to grow fruits and vegetables in the middle of cities. Worldwide, now 800 million people are […]