IRS Rejects Return of Retirement Payouts to Get Charity Tax Break - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

IRS Rejects Return of Retirement Payouts to Get Charity Tax Break - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: "Lawmakers made the extension of the tax break retroactive and gave taxpayers until January 31 to make such donations and have them count for the 2010 tax year. But the IRS said Wednesday that the legislation contains no provision for those who have already taken the distribution to return it to their retirement account and give it to charity."

HAPPILY EVER CHAPTER - Association Bisnow - Washington

HAPPILY EVER CHAPTER - Association Bisnow - Washington: "Mariner Management consultants Peggy Hoffman and Peter Houstle work with associations on improving the relationship between the national staff and chapter volunteers. Peggy says such relationships are often like three-year-olds in a sandbox: They're all playing, but not really playing with each other. When they get a little bit older and do start to play together, whoever is strongest tends to dictate the rules."

Modesto nonprofit reopens; CEO quits - Local - Modbee.com

Modesto nonprofit reopens; CEO quits - Local - Modbee.com: "A Modesto nonprofit that closed over the holidays and laid off most of its staff has reopened, but will go forward without its executive director as it continues to untangle its finances.

Community Housing and Shelter Serv- ices Executive Director Karen Cosner resigned Wednesday, said Kim Martinez, president of the nonprofit's board. Board Vic"

12 Tips to Improve Hospital Fundraising Efforts | Hospital Financial and Business News

12 Tips to Improve Hospital Fundraising Efforts | Hospital Financial and Business News: "William C. McGinly, president and CEO of the Association for Healthcare Philanthropy, provides 12 tips for hospital fundraising efforts, based on AHP surveys and other input."

Pepsi Contest Faces More Charges of Cheating - NYTimes.com

Pepsi Contest Faces More Charges of Cheating - NYTimes.com: "Pepsi Refresh, the online fund-raising contest with a $20 million giveaway for charitable causes and nonprofit groups, is again receiving complaints that its results are being manipulated."

Career in Fundraising Offers Many Avenues - Memphis Daily News - Business, Government, Politics, News, Public Records, Public Notices, Crime Report, Neighborhood Report, Marketing Lists, Research

Career in Fundraising Offers Many Avenues - Memphis Daily News - Business, Government, Politics, News, Public Records, Public Notices, Crime Report, Neighborhood Report, Marketing Lists, Research: "People in fund development and fundraising help influence service delivery, public policy, education, research, advocacy, and more. Success in fund development can bring you to the decision-making table. It’s also excellent preparation for serving as an executive director."

The Nonprofit Quarterly | @npquarterly | New Estate Tax Law Could Hurt Charity

The Nonprofit Quarterly | @npquarterly | New Estate Tax Law Could Hurt Charity: "December 28, 2011; Source:Forbes | A tax lawyer writing for Forbes suggests that the new tax bill's reinstatement of the estate tax isn't going to be much of an incentive for lifetime charitable giving or charitable bequests. Had the Bush tax cuts expired, the estate tax would have been reinstated with an exemption of $1 million per person and a tax rate of 55 percent. The compromise tax bill set the exemption from the federal estate tax at $5 million per person and the estate tax rate at 35 percent."

IRA Holders Can Still Make 2010 Charitable Distributions

Via Guidestar

IRA Holders Can Still Make 2010 Charitable Distributions: "Note: The following discussion is provided for informational purposes only and is not intended to serve as legal or tax advice. For specific information about provisions of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 affecting charitable contributions, consult your tax adviser or attorney.

Persons aged 70� or older can again enjoy tax savings by making charitable gifts directly from their Individual Retirement Accounts (IRAs), thanks to a provision of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, which was signed into law December 17, 2010. The act also allows charitable distributions made from an IRA in January 2011 to be declared as 2010 gifts, should the IRA holder wish to do so."

Summary_Nonprofit_Operating_Reserve_Ratio.pdf (application/pdf Object)

Here's some material on Operating Reserves via the Urban Institute

Summary_Nonprofit_Operating_Reserve_Ratio.pdf (application/pdf Object)

Donation Box Becomes a Fixture of Some Holiday Light Displays � Kitsap Sun

Donation Box Becomes a Fixture of Some Holiday Light Displays � Kitsap Sun: "PORT ORCHARD — On a rainy evening this month, Susan Baker pulled up to her home, decked with Christmas lights, and glanced at the plastic tub on the driveway.

“It brought tears to my eyes,” she said. “There were three boxes of food inside.”

It was the first year Baker had thought of placing a donation bin outside her home on Harrison Street in Port Orchard for visitors enjoying her holiday decorations, something she’s invested in over the past six years."

Donor-Advised Funds Surged In 2010- The NonProfit Times Jan 5, 2011

Hi folks we're back on a more normal schedule. Thanks for sticking with us through the holidays.
Reed

From the Nonprofit Times
Donor-Advised Funds Surged In 2010- The NonProfit Times Jan 5, 2011: "Donor-Advised Funds Surged In 2010

Donor-advised funds, where donors get an immediate tax break for depositing money that eventually will go to charity, are reporting increased contributions and payouts as investor portfolios rebounded with the stock market during past 18 months."