An Indiana legislator’s proposal to, in effect, tax nonprofits gets the bum’s rush from Indianapolis Business Journal editorialists, who worry about the bureaucratic burden that would result. They also observe that while the state has its share of deep-pocketed 501(c) organizations, there are many, many more that would be hurt seriously by even the tiniest […]
The state of Indiana has joined Allegheny County, Pennsylvania, in considering legislation that would impose tax-like fees on nonprofits:
Nonprofit groups that want to avoid the “payment in lieu of tax,” or PILOT, would have to show the state they truly serve a charitable purpose, defined as providing “relief from human want.”
The new payment would be […]
Most nonprofits don’t pay property taxes to the municipalities in which they’re located, though they often negotiate so-called PILOTs — payments in lieu of taxes — to help defray the cost of municipal services they may consume. But keep an eye on Allegheny County in western Pennsylvania, where a new county councilman recently introduced legislation […]
Stung by congressional criticism of practices that reflect poorly on its field, the Association of Fundraising Professionals is calling for legislation banning percentage-based fundraising, in which fundraisers receive a set percentage of every dollar successfully solicited. AFP’s Code of Ethics prohibits the practice and argues that nonprofits are mistaken if they think that consultants who […]
The Des Moines Register devoted major real estate on its editorial page yesterday and today calling for greater government oversight of nonprofits and the public release of penalties imposed on those found in noncompliance of laws, respectively. The knee-jerk answer is to decry such calls — using the phrase “witch hunt” liberally — and point […]
Governments are still trying to figure out whether and how to tax online sales, but in the meantime a trade group representing e-sellers has gained nonprofit status from the Internal Revenue Service:
An organization of eBay and online sellers announced it has received notification from the IRS of its approval of the organization as a 501(c)(6) […]
Donor intent is among the most crucial issues with which a nonprofit must wrestle. The subject comes up often, with donors or their descendants regularly arguing that the recipient of their largess isn’t properly administering the gifts they’ve made. It isn’t often that the argument could result in a $1.5 billion — that’s with a […]
A nonprofit effort with an intimate connection to a specific person can run into trouble once that person passes on, as a couple of recent news stories illustrate.
The Aspen Times reported yesterday that the Windstar Foundation, cofounded in 1976 by John Denver, is only now back on its feet — and just barely at that […]
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