Government & Regulation

In response to mounting criticism and a potential exodus of major donors after independent investigations by CBS News and The New York Times questioned its spending habits, Wounded Warrior Project last night announced that it has fired CEO Steve Nardizzi and chief operating officer Al Giordano...

Last month was not a good one for billionaires’ new vision of global philanthropy. Mark Zuckerberg, founder of Facebook, argued that he just wanted to provide bare bones Internet access, free of charge, to poor, unconnected communities in India. The problem was that the service, called Facebook Free Basics, would let users visit certain sites…

More than 30 years after being created to raise money, charity bingo is facing renewed scrutiny across Texas for not living up to its promise. The Texas Lottery Commission has yanked the licenses of fewer than a dozen bingo operators statewide, the Austin American-Statesman reported. The state can revoke a bingo license if the operator…

Fundraising is difficult, no matter how you slice it. Your fundraising team is hard at work, finding prospects, writing letters and grants, “following up” countless times—you know the story. So why hamstring yourself further by ignoring state charitable solicitation requirements? You could be losing crucial gifts and credibility with donors without even knowing it...

With many of the largest U.S. college endowments at record values, two congressional committees that determine tax policy jointly opened an inquiry about how the wealthiest schools manage and spend those funds. The Republican leadership of the Senate Finance Committee and the House Ways and Means Committee emailed letters late Monday to 56 private schools…

To those optimistic, persistent souls who have a vested interest in seeing positive social change in the U.S., here’s a sobering message: If you are looking for meaningful government support, don’t hold your breath. Political gridlock and mounting federal debt effectively have rendered the U.S. government impotent, robbing it of its historic ability to spur…

A New Hampshire nonprofit is making the unusual decision to turn down tens of thousands of dollars in federal aid. Keith Howard, the executive director of the Liberty House in Manchester, N.H., a transitional house that helps homeless veterans, said he is choosing not to seek a nearly $40,000 grant from HUD (Housing and Urban Development)…

Nonprofits can breathe a sigh of relief today. The Internal Revenue Service and the Treasury Department withdrew the proposal of a new substantiation rule that would allow charities to self-report donations of more than $250 from the Federal Register today...

Adult immigrants in Northern California are being adopted by American families with the promise of gaining U.S. citizenship, KCRA Investigates has learned. Hundreds of immigrants from Sacramento to Marin County are shelling out $5,000 to $10,000 each for the chance to be adopted. Behind it all is a Sacramento nonprofit called Americans Helping America Chamber…

A wealthy Republican wants to require unprecedented transparency in California by forcing state politicians to plaster their suits and dresses with the logos of their top 10 donors—and voters fed up with those politicians actually may get the chance to vote on the idea in November. The unusual dress code is offered in a proposed…