PRESS RELEASE
Excite Money & Investing: "S&P Report Shows U.S. Nonprofits Are Embracing Corporate-Style Compliance Measures
Monday October 17, 10:57 AM EDT
NEW YORK, Oct 17, 2005 /PRNewswire via COMTEX/ -- Three years after passage of the Sarbanes-Oxley Act, corporate governance remains a hot topic in the U.S. nonprofit sector.
Although these organizations, by virtue of their tax-exempt status, were not directly affected by Sarbanes-Oxley, the nonprofit sector has come under legislative scrutiny during the past few years, particularly in 2004 and 2005, and much of the focus is related to corporate governance, according to a report released today by Standard & Poor's titled, 'Under Legislative Scrutiny, The U.S. Nonprofit Sector Embraces Corporate-Style Oversight.'"
Monday, October 17, 2005
The big business of bingo
The big business of bingo: "The big business of bingo
Hundreds are drawn to the game hall of the Knights of Columbus each week for fun and cash.
BY KIM O'BRIEN ROOT
928-6473
October 17, 2005
NEWPORT NEWS -- In a vast, smoke-filled room, hundreds of pairs of eyes barely move from the numbered grids laid out on a dozen long tables.
At each seat, various tokens - elephant figurines, horseshoes, photographs - serve as good luck charms for those carefully listening to the man calling out combinations of letters and numbers with the smooth cadence of a radio announcer.
"
Hundreds are drawn to the game hall of the Knights of Columbus each week for fun and cash.
BY KIM O'BRIEN ROOT
928-6473
October 17, 2005
NEWPORT NEWS -- In a vast, smoke-filled room, hundreds of pairs of eyes barely move from the numbered grids laid out on a dozen long tables.
At each seat, various tokens - elephant figurines, horseshoes, photographs - serve as good luck charms for those carefully listening to the man calling out combinations of letters and numbers with the smooth cadence of a radio announcer.
"
Technology - Warren Buffett and Bill Gates: The $91 Billion Conversation - FORTUNE - Page
Technology - Warren Buffett and Bill Gates: The $91 Billion Conversation - FORTUNE - Page: "BILLIONAIRE BUDDIES
The $91 Billion Conversation
Warren Buffett and Bill Gates answer questions, first for 2,000 Nebraska students, then for FORTUNE. The billionaire buddies on the economy, philanthropy, and investment strategy—an exclusive report.
By Daniel Roth
It's the Friday before the University of Nebraska's Big 12 Conference opener in football-mad Lincoln, but the Cornhuskers game isn't the only hot ticket in town. On a beautiful late September afternoon, some 2,000 students are lined up outside the school's Lied Center auditorium, an hour before the doors open. Andrew Schoemacher, a lanky 19-year-old chemical-engineering sophomore, doesn't even have a ticket but hopes he can scrounge one to get inside. How could he miss seeing this show? After all, he says, 'It's Bill Gates and Warren Buffett.'
Gates and Buffett—friends who just happen to be the two richest men in the world, worth $51 billion and $40 billion, respectively—are coming together for a free-ranging question-and-answer session. They have done this kind of talk before—once. The two met up in Gates' hometown of Seattle in 1998 with students at the University of Washington. Back then both men were on the verge of turbulent times: Microsoft about to face off against the government in its epic antitrust trial, and Buffett weeks away from buying reinsurer General Re, now the thorn in his company Berkshire Hathaway's side, thanks to its involvement with the troubled AIG. Fortune, the only magazine invited to attend their first chat, found the interaction 'something pretty darn close to wisdom' and put the talk on the cover (see The Bill & Warren Show. So when the billionaires decided to meet again, we went along for an inside peek at the event—and more important, some private time with the two men to pose our own questions."
The $91 Billion Conversation
Warren Buffett and Bill Gates answer questions, first for 2,000 Nebraska students, then for FORTUNE. The billionaire buddies on the economy, philanthropy, and investment strategy—an exclusive report.
By Daniel Roth
It's the Friday before the University of Nebraska's Big 12 Conference opener in football-mad Lincoln, but the Cornhuskers game isn't the only hot ticket in town. On a beautiful late September afternoon, some 2,000 students are lined up outside the school's Lied Center auditorium, an hour before the doors open. Andrew Schoemacher, a lanky 19-year-old chemical-engineering sophomore, doesn't even have a ticket but hopes he can scrounge one to get inside. How could he miss seeing this show? After all, he says, 'It's Bill Gates and Warren Buffett.'
Gates and Buffett—friends who just happen to be the two richest men in the world, worth $51 billion and $40 billion, respectively—are coming together for a free-ranging question-and-answer session. They have done this kind of talk before—once. The two met up in Gates' hometown of Seattle in 1998 with students at the University of Washington. Back then both men were on the verge of turbulent times: Microsoft about to face off against the government in its epic antitrust trial, and Buffett weeks away from buying reinsurer General Re, now the thorn in his company Berkshire Hathaway's side, thanks to its involvement with the troubled AIG. Fortune, the only magazine invited to attend their first chat, found the interaction 'something pretty darn close to wisdom' and put the talk on the cover (see The Bill & Warren Show. So when the billionaires decided to meet again, we went along for an inside peek at the event—and more important, some private time with the two men to pose our own questions."
HR Council for the Voluntary/Non-profit Sector
HR Council for the Voluntary/Non-profit Sector: "Welcome to the new HR Council for the Voluntary/Non-profit Sector!
The HR Council is an independent non-profit organization that provides leadership on issues related to paid employment in the voluntary/non-profit sector. It brings sector employers and employees together to work collaboratively on research, strategies and action.
We are the new home of HRVS, a collection of practical tools and information on human resources management for non-profit organizations."
The HR Council is an independent non-profit organization that provides leadership on issues related to paid employment in the voluntary/non-profit sector. It brings sector employers and employees together to work collaboratively on research, strategies and action.
We are the new home of HRVS, a collection of practical tools and information on human resources management for non-profit organizations."
Charity Village�NewsWeek: Cover Story
Charity Village�NewsWeek: Cover Story: "Corporate connections: Why the business world needs nonprofits
October 17, 2005
By Elisa Birnbaum
'It's not only important to make money, it's important to give back to the community.' These words, spoken by Donald Trump, one of the more notable corporate and philanthropic leaders of our time, say a lot about the ever-increasing role that philanthropy plays in the business world today. Wanting to enhance their reputation in the competitive marketplace, as well as attract and retain employees, corporations look to the nonprofit sector to fulfill those needs. Likewise, as government funding continues to decline, there is a growing focus by nonprofits on securing valuable corporate relationships to make up for the shortfall.
Yet, while these symbiotic partnerships are becoming more popular, one must question just how significant they are to the nonprofit sector's bottom line. After all, in 2003, the National Survey on Nonprofit and Voluntary Organizations reported that just 3% of the total revenue of charities and nonprofits is attributed to corporations. So, are these relationships simply a symbolic measure of the corporate world's intensified public relations strategies, or are they actually creating profound and long-lasting effects on the not-for-profit sector? The answer, it seems, depends on the organization's strategic vision, the partners they've chosen, the realistic goals they've adopted, and the level of synchronicity that binds them all."
October 17, 2005
By Elisa Birnbaum
'It's not only important to make money, it's important to give back to the community.' These words, spoken by Donald Trump, one of the more notable corporate and philanthropic leaders of our time, say a lot about the ever-increasing role that philanthropy plays in the business world today. Wanting to enhance their reputation in the competitive marketplace, as well as attract and retain employees, corporations look to the nonprofit sector to fulfill those needs. Likewise, as government funding continues to decline, there is a growing focus by nonprofits on securing valuable corporate relationships to make up for the shortfall.
Yet, while these symbiotic partnerships are becoming more popular, one must question just how significant they are to the nonprofit sector's bottom line. After all, in 2003, the National Survey on Nonprofit and Voluntary Organizations reported that just 3% of the total revenue of charities and nonprofits is attributed to corporations. So, are these relationships simply a symbolic measure of the corporate world's intensified public relations strategies, or are they actually creating profound and long-lasting effects on the not-for-profit sector? The answer, it seems, depends on the organization's strategic vision, the partners they've chosen, the realistic goals they've adopted, and the level of synchronicity that binds them all."
onPhilanthropy - Strengthening Health Care through Philanthropy
onPhilanthropy - Strengthening Health Care through Philanthropy: "The New Directions for Philanthropic Fundraising series, sponsored by The Center on Philanthropy at Indiana University and the Association of Fundraising Professionals, provides quarterly monographs on fundraising management in the context of the traditions of philanthropy, culture and society. This latest volume is a valuable addition to the library of fundraisers, academics, and the leadership of healthcare institutions seeking to better understand and develop philanthropic support."
Star-Telegram | 10/16/2005 | A new way to do philanthropy
Star-Telegram | 10/16/2005 | A new way to do philanthropy: "A new way to do philanthropy
By J.R. Labbe
Star-Telegram Staff Writer
The line between promotion and coercion is a thin one, as United Way of America CEO Brian Gallagher can attest.
He recognizes the downside for his organization when well-meaning but wrong-headed company officials strong-arm their employees into participating in corporate United Way campaigns.
'One hundred percent participation at any company is not our goal,' Gallagher said last week during a Metroplex trip to meet with officials at the Tarrant County and Dallas United Way chapters. 'The $10 that we might get through coercion could be replaced by $1,000 given with joy if the individual decides willingly.'"
By J.R. Labbe
Star-Telegram Staff Writer
The line between promotion and coercion is a thin one, as United Way of America CEO Brian Gallagher can attest.
He recognizes the downside for his organization when well-meaning but wrong-headed company officials strong-arm their employees into participating in corporate United Way campaigns.
'One hundred percent participation at any company is not our goal,' Gallagher said last week during a Metroplex trip to meet with officials at the Tarrant County and Dallas United Way chapters. 'The $10 that we might get through coercion could be replaced by $1,000 given with joy if the individual decides willingly.'"
Xinhua - English
Xinhua - English: "China announced the name list of this year's 10 leading philanthropists -- or the second 'Top Ten Stars of Social Welfare', Sunday.
Senior officials Ismail Amat, Zhou Tienong and Peng Peiyun attended the title-awarding ceremony at the Great Hall of the People, in the Great Hall of the People in downtown Beijing.
The No. 1 of the top ten is called 'Micro-dust', the name for a group of anonymous donors in east China's Shandong Province for the victims of last year's Indian Ocean tsunami from Qingdao City.
The nine others are Cong Fei, a singer suffering from a malignant tumor, Zhang Xinghui, a doctor from Shandong providing free medical service for those patients in need, Wang Jianlin, 'Wanda Goup' chairman from the City of Dalian in northeastern Liaoning province, Yang Shoucheng, a noted philanthropist from Hong Kong, Han Yaqin, a woman entrepreneur from Taiyuan dedicated to public welfare service, Yan Xijun, a Tianjin private businessman contributed to the cause of the disabled people, Yang Benhua, a Taiwan philanthropist coming to the aid of the needy on the mainland, Xu Benyu, who has volunteered to teach in Dashi Hope School in southwestern Guizhou Province, and Lin Ruiban, who cared for the elderly and the disabled and devoted to neighborhood community services."
Senior officials Ismail Amat, Zhou Tienong and Peng Peiyun attended the title-awarding ceremony at the Great Hall of the People, in the Great Hall of the People in downtown Beijing.
The No. 1 of the top ten is called 'Micro-dust', the name for a group of anonymous donors in east China's Shandong Province for the victims of last year's Indian Ocean tsunami from Qingdao City.
The nine others are Cong Fei, a singer suffering from a malignant tumor, Zhang Xinghui, a doctor from Shandong providing free medical service for those patients in need, Wang Jianlin, 'Wanda Goup' chairman from the City of Dalian in northeastern Liaoning province, Yang Shoucheng, a noted philanthropist from Hong Kong, Han Yaqin, a woman entrepreneur from Taiyuan dedicated to public welfare service, Yan Xijun, a Tianjin private businessman contributed to the cause of the disabled people, Yang Benhua, a Taiwan philanthropist coming to the aid of the needy on the mainland, Xu Benyu, who has volunteered to teach in Dashi Hope School in southwestern Guizhou Province, and Lin Ruiban, who cared for the elderly and the disabled and devoted to neighborhood community services."
HoustonChronicle.com - Shareholders query Google.org
HoustonChronicle.com - Shareholders query Google.org: "Shareholders query Google.org
Unusual setup of philanthropy raises questions
By DAVID A. VISE
Washington Post
Google is launching an unusual corporate philanthropy campaign that will focus on fighting poverty and disease in Africa, addressing energy and environmental issues and assisting nonprofit groups by giving away free online advertising.
ADVERTISEMENT
Rather than doing all of that through a traditional corporate foundation, which has certain tax advantages, Google is setting aside the equivalent of 3 million shares of stock, worth more than $900 million, to fund an entity called Google.org. It is separately putting about $90 million into a newly created Google Foundation, officials said."
Unusual setup of philanthropy raises questions
By DAVID A. VISE
Washington Post
Google is launching an unusual corporate philanthropy campaign that will focus on fighting poverty and disease in Africa, addressing energy and environmental issues and assisting nonprofit groups by giving away free online advertising.
ADVERTISEMENT
Rather than doing all of that through a traditional corporate foundation, which has certain tax advantages, Google is setting aside the equivalent of 3 million shares of stock, worth more than $900 million, to fund an entity called Google.org. It is separately putting about $90 million into a newly created Google Foundation, officials said."
Building an advantage: Companies see philanthropy as a way to attract, retain high-quality workers - 2005-10-17
Building an advantage: Companies see philanthropy as a way to attract, retain high-quality workers - 2005-10-17: "Building an advantage: Companies see philanthropy as a way to attract, retain high-quality workers
Bob Cole
Staff Writer
Volunteers from GE Insurance Solutions in Kansas City seldom stray far from the nuts and bolts of community service. They have too many projects to work on.
[0]
Recent Company News
» Alexis de Tocqueville Society
» All Stars Community Outreach for Christ
» American Red Cross
» Black & Veatch
» GE Insurance Solutions
» Greater Kansas City Community Foundation
» Hallmark Cards Inc.
» Harvesters -- The Community Food Network
» Heart of America United Way
» Kansas City Power & Light Co.
» Sprint Nextel Corp.
» St. Vincent's Operation Breakthrough
» United Way of America
» Yellow Roadway Corp.
» YouthFriends Greater Kansas City
Latest News
» Consumer advocate says Aquila shortchanged retiree fund
» Midwest consumer prices rise
» KC saves 620,000 gallons of gas, diesel
» KC will open downtown stretch of Main
» FBD Consulting will sell part of its operations
More
» Companies in the News
» People in the News
During its Community Day on June 10, GE had more than 800 employees working on paint-and-patch projects at seven sites throughout greater Kansas City. After Hurricane Katrina, the group partnered on a food drive with Harvesters -- The Community Food Network and helped man a call center for the American Red Cross."
Bob Cole
Staff Writer
Volunteers from GE Insurance Solutions in Kansas City seldom stray far from the nuts and bolts of community service. They have too many projects to work on.
[0]
Recent Company News
» Alexis de Tocqueville Society
» All Stars Community Outreach for Christ
» American Red Cross
» Black & Veatch
» GE Insurance Solutions
» Greater Kansas City Community Foundation
» Hallmark Cards Inc.
» Harvesters -- The Community Food Network
» Heart of America United Way
» Kansas City Power & Light Co.
» Sprint Nextel Corp.
» St. Vincent's Operation Breakthrough
» United Way of America
» Yellow Roadway Corp.
» YouthFriends Greater Kansas City
Latest News
» Consumer advocate says Aquila shortchanged retiree fund
» Midwest consumer prices rise
» KC saves 620,000 gallons of gas, diesel
» KC will open downtown stretch of Main
» FBD Consulting will sell part of its operations
More
» Companies in the News
» People in the News
During its Community Day on June 10, GE had more than 800 employees working on paint-and-patch projects at seven sites throughout greater Kansas City. After Hurricane Katrina, the group partnered on a food drive with Harvesters -- The Community Food Network and helped man a call center for the American Red Cross."
Home Depot skimps on gifts | ajc.com
Home Depot skimps on gifts | ajc.com: "Corporate generosity, Home Depot CEO Bob Nardelli told Business Week magazine this year, is 'just the right thing to do.'
A company's civic work, he said in another interview published by The New York Times, can increase sales and provide a public relations boost. 'But that's not why we do it,' he said. 'It's about showing corporate responsibilty.'
T. Levette Bagwell/AJC
(ENLARGE)
Civic work is 'about showing corporate responsibility,' Home Depot CEO Bob Nardelli told The New York Times. However, the company's giving, falls short of corporate averages.
NOT QUITE A NICKEL
• For every $100 in profits, Home Depot gave less than a nickel to charity.
• Home Depot donated half as much as Coca-Cola last year, despite more than three times the revenue.
• 86 percent of consumers prefer doing business with a company that supports a cause, if price and quality are the same.
And as a recent member of President Bush's Council on Service and Civic Participation, Nardelli went out his way to push other companies to do more."
A company's civic work, he said in another interview published by The New York Times, can increase sales and provide a public relations boost. 'But that's not why we do it,' he said. 'It's about showing corporate responsibilty.'
T. Levette Bagwell/AJC
(ENLARGE)
Civic work is 'about showing corporate responsibility,' Home Depot CEO Bob Nardelli told The New York Times. However, the company's giving, falls short of corporate averages.
NOT QUITE A NICKEL
• For every $100 in profits, Home Depot gave less than a nickel to charity.
• Home Depot donated half as much as Coca-Cola last year, despite more than three times the revenue.
• 86 percent of consumers prefer doing business with a company that supports a cause, if price and quality are the same.
And as a recent member of President Bush's Council on Service and Civic Participation, Nardelli went out his way to push other companies to do more."
Troubles at Getty Ripple Through Art World - Yahoo! News
Troubles at Getty Ripple Through Art World - Yahoo! News: "Troubles at Getty Ripple Through Art World
By CHRISTINA ALMEIDA, Associated Press Writer Sat Oct 15,10:55 PM ET
LOS ANGELES - A plot fit for a Hollywood thriller has been unfolding at the venerable J. Paul Getty Museum, a gleaming hilltop refuge that Italian authorities claim houses pilfered art.
ADVERTISEMENT
A decade after leading efforts against the illegal trade of artifacts, the museum's recently departed antiquities curator faces trial next month in Rome over allegations that she knowingly received dozens of stolen items.
The internationally renowned Getty finds itself deflecting a barrage of questions about how it amassed its world-class collection of Roman, Greek and Etruscan works. And the art world is left to wonder whether the museum's current dilemma will refocus attention on how art is acquired."
By CHRISTINA ALMEIDA, Associated Press Writer Sat Oct 15,10:55 PM ET
LOS ANGELES - A plot fit for a Hollywood thriller has been unfolding at the venerable J. Paul Getty Museum, a gleaming hilltop refuge that Italian authorities claim houses pilfered art.
ADVERTISEMENT
A decade after leading efforts against the illegal trade of artifacts, the museum's recently departed antiquities curator faces trial next month in Rome over allegations that she knowingly received dozens of stolen items.
The internationally renowned Getty finds itself deflecting a barrage of questions about how it amassed its world-class collection of Roman, Greek and Etruscan works. And the art world is left to wonder whether the museum's current dilemma will refocus attention on how art is acquired."
The Resource Alliance (formerly known as The International Fund Raising Group)
The Resource Alliance (formerly known as The International Fund Raising Group): "IS THERE A PROFILE OF THE LATIN AMERICAN FUNDRAISER
by Norma Galafassi
In January this year, AFP and The Resource Alliance jointly organised the first “Hemispheric Congress on Fundraising” in Mexico City that gathered a considerable number of professionals in resources mobilisation within the Latin America region. One of the scheduled workshops was a debate concerning the Institutional environment of fundraising in the region, and specifically what kind of infrastructure was needed in order to build local capacity. "
by Norma Galafassi
In January this year, AFP and The Resource Alliance jointly organised the first “Hemispheric Congress on Fundraising” in Mexico City that gathered a considerable number of professionals in resources mobilisation within the Latin America region. One of the scheduled workshops was a debate concerning the Institutional environment of fundraising in the region, and specifically what kind of infrastructure was needed in order to build local capacity. "
Friday, October 14, 2005
thedesertsun.com | Why not let businesses sponsor schools with advertisements?
thedesertsun.com | Why not let businesses sponsor schools with advertisements?: "Why not let businesses sponsor schools with advertisements?
Well-known valley philanthropist to be buried today
The Desert Sun
October 14, 2005
Need money? Then get a sponsor. It's what cities do to pay for stadiums. It's what athletes do to reach the Olympics. So why not public schools as well?
That's the Desert Foundation of Academics' thinking. The foundation proposes letting some local businesses advertise on high school campus marquees in the Palm Springs Unified School District. The foundation projects it would raise hundreds of thousands of dollars for ongoing and new enrichment programs."
Well-known valley philanthropist to be buried today
The Desert Sun
October 14, 2005
Need money? Then get a sponsor. It's what cities do to pay for stadiums. It's what athletes do to reach the Olympics. So why not public schools as well?
That's the Desert Foundation of Academics' thinking. The foundation proposes letting some local businesses advertise on high school campus marquees in the Palm Springs Unified School District. The foundation projects it would raise hundreds of thousands of dollars for ongoing and new enrichment programs."
New era in public information about charities as regulator receives first summary information return on line | eGov monitor
New era in public information about charities as regulator receives first summary information return on line | eGov monitor: "New era in public information about charities as regulator receives first summary information return on line
Source: Charity Commission
Published Friday, 14 October, 2005 - 03:14
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New era in public information about charities begins as regulator receives first summary information return online
Yesterday saw the beginning of a new era of public information when the Charity Commission received its first summary information return (SIR) online. The SIR is an information tool, which helps the public to better understand the work of charities with an annual income of over £1million."
Source: Charity Commission
Published Friday, 14 October, 2005 - 03:14
Story tools
Print this articlePrint this article
Email to a friendEmail to a friend
Give us your feedback.Your feedback
New era in public information about charities begins as regulator receives first summary information return online
Yesterday saw the beginning of a new era of public information when the Charity Commission received its first summary information return (SIR) online. The SIR is an information tool, which helps the public to better understand the work of charities with an annual income of over £1million."
UPS, Merck Recognized for Outstanding Volunteer Efforts in China
UPS, Merck Recognized for Outstanding Volunteer Efforts in China: "UPS, Merck Recognized for Outstanding Volunteer Efforts in China
Two U.S. companies are finalists for 2005 State Department ACE Award
By Todd Bullock
Washington File Staff Writer
Washington -- The package delivery company United Parcel Service (UPS) and the pharmaceutical company Merck and Company Inc., both U.S. businesses with extensive operations in China, are two of the 10 finalists for the State Department's prestigious Award for Corporate Excellence (ACE) for 2005."
Two U.S. companies are finalists for 2005 State Department ACE Award
By Todd Bullock
Washington File Staff Writer
Washington -- The package delivery company United Parcel Service (UPS) and the pharmaceutical company Merck and Company Inc., both U.S. businesses with extensive operations in China, are two of the 10 finalists for the State Department's prestigious Award for Corporate Excellence (ACE) for 2005."
Bizwomen: Where women in business meet to network, connect, support, learn and grow.
Bizwomen: Where women in business meet to network, connect, support, learn and grow.: "These approaches aid fund raising
Mary Lou Makepeace
Special to the Denver Business Journal
Decreased government funding for social programs has had a detrimental impact on many of Colorado's nonprofit initiatives, forcing many beneficial groups to close their doors or dramatically reduce services.
More than ever before, health care, education, arts and other programs are turning to the private sector for financial assistance. As this trend continues, grantmakers and grantees alike are forced to think and act more strategically."
Mary Lou Makepeace
Special to the Denver Business Journal
Decreased government funding for social programs has had a detrimental impact on many of Colorado's nonprofit initiatives, forcing many beneficial groups to close their doors or dramatically reduce services.
More than ever before, health care, education, arts and other programs are turning to the private sector for financial assistance. As this trend continues, grantmakers and grantees alike are forced to think and act more strategically."
Vail Daily News for Vail and Beaver Creek Colorado - News
Vail Daily News for Vail and Beaver Creek Colorado - News: "Charitable giving pays off - for everyone
Charlie Wick and Tina DeWitt
October 13, 2005
Comment Comments (0) Print Friendly Print Email Email
You've probably heard that 'generosity is its own reward.' This may be true, but when you make a charitable gift to a non-profit organization, your generosity also can reward you - especially when you file your taxes.
In fact, you can get at least three types of tax benefits:
Immediate tax deduction - You can deduct your charitable gift from your current income taxes. For example, if you give $1000 in cash to a charitable group this year, and you are in the 28-percent tax bracket, you can deduct $280 from your taxes on your 2005 tax return."
Charlie Wick and Tina DeWitt
October 13, 2005
Comment Comments (0) Print Friendly Print Email Email
You've probably heard that 'generosity is its own reward.' This may be true, but when you make a charitable gift to a non-profit organization, your generosity also can reward you - especially when you file your taxes.
In fact, you can get at least three types of tax benefits:
Immediate tax deduction - You can deduct your charitable gift from your current income taxes. For example, if you give $1000 in cash to a charitable group this year, and you are in the 28-percent tax bracket, you can deduct $280 from your taxes on your 2005 tax return."
Theater fundraiser to make up for sagging sales
Theater fundraiser to make up for sagging sales: "MONMOUTH -- An attendance drop at central Maine's only professional theater has left the company with a financial hole it's working to plug.
Single-ticket sales at The Theater at Monmouth for the 2005 season were down about 15 percent from last year -- a decline the theater's longtime director attributed mostly to high gas prices."
Single-ticket sales at The Theater at Monmouth for the 2005 season were down about 15 percent from last year -- a decline the theater's longtime director attributed mostly to high gas prices."
The Daily Northwestern - DM starts sign-ups, fills most open slots
The Daily Northwestern - DM starts sign-ups, fills most open slots: "Gustavo Medrano arrived at Norris University Center for his shift in the cashier’s office on Tuesday and he saw a line of people wrapping around the first floor office and extending to the Wisconsin Room. They were all waiting to sign up for Dance Marathon.
“I came in a couple of minutes before 9 (a.m.), and I had difficulty coming in through the door because there was a line of people blocking it,” said the Medill senior and student supervisor of the office."
“I came in a couple of minutes before 9 (a.m.), and I had difficulty coming in through the door because there was a line of people blocking it,” said the Medill senior and student supervisor of the office."
Thursday, October 13, 2005
The Chronicle, 10/13/2005: Crafting a New Role
The Chronicle, 10/13/2005: Crafting a New Role: "Crafting a New Role
Museum's new mission spurs big increase in donors and visitors
By Peter Panepento
The Fuller Museum of Art had a reputation for playing it safe. The museum, located about 25 miles south of Boston in Brockton, Mass., had followed a tried-and-true approach for most of its nearly four-decade history -- playing host to exhibits of largely conservative artwork that drew modest crowds and generated little buzz.
The approach was effective enough to keep the museum alive. But in culture-rich New England, where massive institutions such as Boston's Museum of Fine Arts and the Isabella Stewart Gardner Museum boast international acclaim, Fuller simply did not stand out. It was a small, community museum that had done little to distinguish itself, and it was in danger of losing relevance."
Museum's new mission spurs big increase in donors and visitors
By Peter Panepento
The Fuller Museum of Art had a reputation for playing it safe. The museum, located about 25 miles south of Boston in Brockton, Mass., had followed a tried-and-true approach for most of its nearly four-decade history -- playing host to exhibits of largely conservative artwork that drew modest crowds and generated little buzz.
The approach was effective enough to keep the museum alive. But in culture-rich New England, where massive institutions such as Boston's Museum of Fine Arts and the Isabella Stewart Gardner Museum boast international acclaim, Fuller simply did not stand out. It was a small, community museum that had done little to distinguish itself, and it was in danger of losing relevance."
"The Waterbury Connecticut Republican American Newspaper"
"The Waterbury Connecticut Republican American Newspaper": "Sunshine on solicitors
Thursday, October 13, 2005
Copyright � 2005 Republican-American
Paid solicitors have been preying on the generosity of Connecticut residents for years, making off with as much as 65 cents of every dollar contributed to worthy causes.
Efforts by consumer-protection officials, the attorney general's office and the legislature to alert potential donors to the guileful tactics of paid solicitors have produced mixed results. A lot of people still respond magnanimously to telephone solicitations, often blissfully unaware that most of their money ends up in the solicitors' bank accounts with dimes on the dollar actually reaching the intended beneficiary. ow a new law that will make the whole process more transparent has some nonprofits worried that contributors will be scared off. Their concern is unfounded."
Thursday, October 13, 2005
Copyright � 2005 Republican-American
Paid solicitors have been preying on the generosity of Connecticut residents for years, making off with as much as 65 cents of every dollar contributed to worthy causes.
Efforts by consumer-protection officials, the attorney general's office and the legislature to alert potential donors to the guileful tactics of paid solicitors have produced mixed results. A lot of people still respond magnanimously to telephone solicitations, often blissfully unaware that most of their money ends up in the solicitors' bank accounts with dimes on the dollar actually reaching the intended beneficiary. ow a new law that will make the whole process more transparent has some nonprofits worried that contributors will be scared off. Their concern is unfounded."
Editorial: Google philanthropy
Editorial: Google philanthropy: "Editorial: Google philanthropy
--
Thursday, October 13, 2005
A number of Americans made fortunes during the high-tech explosion that started with the invention of semiconductors and silicon chips.
Fortunately, many of these extremely wealthy inventors and entrepreneurs also feel a responsibility to share their good fortune in a variety of philanthropic endeavors."
--
Thursday, October 13, 2005
A number of Americans made fortunes during the high-tech explosion that started with the invention of semiconductors and silicon chips.
Fortunately, many of these extremely wealthy inventors and entrepreneurs also feel a responsibility to share their good fortune in a variety of philanthropic endeavors."
The Capital Times-Gates' focus on philanthropy
The Capital Times: "Gates' focus on philanthropy
By Jeff Richgels
October 13, 2005
Even Bill Gates' harshest detractors concede that he's doing good in the world.
The $26.8 billion Bill and Melinda Gates Foundation focuses primarily on global health and the U.S. education system, and Gates does more than just give away his money: He gets involved, traveling to places like Africa, where AIDS is killing millions, and to the nation's top universities, where he pumps computer science as a great career."
By Jeff Richgels
October 13, 2005
Even Bill Gates' harshest detractors concede that he's doing good in the world.
The $26.8 billion Bill and Melinda Gates Foundation focuses primarily on global health and the U.S. education system, and Gates does more than just give away his money: He gets involved, traveling to places like Africa, where AIDS is killing millions, and to the nation's top universities, where he pumps computer science as a great career."
22,000 Katrina Evacuees Still Homeless - Yahoo! News
22,000 Katrina Evacuees Still Homeless - Yahoo! News: "The federal government has moved nearly a quarter-million Hurricane Katrina victims into hotel rooms, mobile homes or other housing — but more than 22,000 people remain in shelters, the head of the relief effort said."
The Sun News | 10/13/2005 | Ex-Rep. Ballance gets jail term for conspiracy
The Sun News | 10/13/2005 | North Carolina: "Ex-Rep. Ballance gets jail term for conspiracy
Former Rep. Frank Ballance was sentenced Wednesday to four years in prison for conspiring to divert taxpayer money to his law firm and family through a charitable organization he helped start.
Ballance, 63, a longtime state legislator before being elected to Congress, has until Dec. 30 to turn himself in, U.S. District Court Judge Terrence Boyle ruled.
Ballance also agreed to repay $61,917.25 and to forfeit $203,000 in a bank escrow account in the name of the John A. Hyman Memorial Foundation. The forfeited funds will be returned to N.C. taxpayers, prosecutor Dennis Duffy said."
Former Rep. Frank Ballance was sentenced Wednesday to four years in prison for conspiring to divert taxpayer money to his law firm and family through a charitable organization he helped start.
Ballance, 63, a longtime state legislator before being elected to Congress, has until Dec. 30 to turn himself in, U.S. District Court Judge Terrence Boyle ruled.
Ballance also agreed to repay $61,917.25 and to forfeit $203,000 in a bank escrow account in the name of the John A. Hyman Memorial Foundation. The forfeited funds will be returned to N.C. taxpayers, prosecutor Dennis Duffy said."
The Michigan Daily -- 114 Years of Editorial Freedom - Some wary of football season ticket program
The Michigan Daily -- 114 Years of Editorial Freedom - Some wary of football season ticket program: "ome wary of football season ticket program
New required donations for seats could lead ticket holders to neglect giving to academics, critics say
By Ian Herbert, Daily Staff Reporter
October 13, 2005
An Athletic Department program partially intended to raise money for the proposed renovations to Michigan Stadium may inadvertently deter ticket holders from donating to the University’s academic programs, critics of the program say.
The preferred seating program, which started this year, requires football season ticket holders to donate between $125 and $500 to the Athletic Department for the right to purchase season tickets."
New required donations for seats could lead ticket holders to neglect giving to academics, critics say
By Ian Herbert, Daily Staff Reporter
October 13, 2005
An Athletic Department program partially intended to raise money for the proposed renovations to Michigan Stadium may inadvertently deter ticket holders from donating to the University’s academic programs, critics of the program say.
The preferred seating program, which started this year, requires football season ticket holders to donate between $125 and $500 to the Athletic Department for the right to purchase season tickets."
Support Center for Nonprofit Management: Articles & Publications
Support Center for Nonprofit Management: Articles & Publications: "rticles & Publications
Journal for Nonprofit Management
An invaluable source of thinking and articles on the issues challenging nonprofit organizations today. Now for the first time, we’re offering out Journal as a downloadable PDF!
Volume 9, released October 2005, focuses on nonprofit transitions. The four articles in the issue cover a range of transition concerns: changing executive directors, replacing a long-term executive director, rethinking an organization’s relationship to its community, and working with organizational culture during change efforts."
Journal for Nonprofit Management
An invaluable source of thinking and articles on the issues challenging nonprofit organizations today. Now for the first time, we’re offering out Journal as a downloadable PDF!
Volume 9, released October 2005, focuses on nonprofit transitions. The four articles in the issue cover a range of transition concerns: changing executive directors, replacing a long-term executive director, rethinking an organization’s relationship to its community, and working with organizational culture during change efforts."
Mississippi Business Journal-The Foundation for the Mid South's (FMS') African American Philanthropy Fund
Mississippi Business Journal: "JACKSON — The Foundation for the Mid South's (FMS') African American Philanthropy Fund is preparing to award grants for its 2005 grant cycle. The fund was established with an anonymous lead gift of $30,000 with the intent to create a new resource for philanthropic education and awareness in the African American community."
Wednesday, October 12, 2005
Google Grants
Google Grants: "The Google Grants program supports organizations sharing our philosophy of community service to help the world in areas such as science and technology, education, global public health, the environment, youth advocacy, and the arts.
Designed for 501(c)(3) non-profit organizations, Google Grants is a unique in-kind advertising program. It harnesses the power of our flagship advertising product, Google AdWords, to non-profits seeking to inform and engage their constituents online. Google Grants has awarded AdWords advertising to hundreds of non-profit groups whose missions range from animal welfare to literacy, from supporting homeless children to promoting HIV education. "
Designed for 501(c)(3) non-profit organizations, Google Grants is a unique in-kind advertising program. It harnesses the power of our flagship advertising product, Google AdWords, to non-profits seeking to inform and engage their constituents online. Google Grants has awarded AdWords advertising to hundreds of non-profit groups whose missions range from animal welfare to literacy, from supporting homeless children to promoting HIV education. "
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