NonProfit Pro

Cap on Vermont Tax Deductions Has Nonprofits Worried
March 30, 2015

Vermont lawmakers looking to raise $35 million in new revenue to help close a budget gap are proposing to raise part of that money by putting a new cap on the itemized deductions taken by some income tax filers. But many of Vermont’s charitable and nonprofit groups are hoping the deduction cap passed by the House this past week can be reversed in the Senate.

Most Charities Exceeded Fundraising Goals Last Year, Study Finds
March 30, 2015

Sixty-three percent of charities exceeded their fundraising goals last year, an annual survey has found. The percentage of organizations exceeding their fundraising goals in 2014 was the highest since 2007, when donations surpassed the goals of 65 percent of charities. The annual study was commissioned by the Nonprofit Research Collaborative, a group of seven organizations that conduct research on nonprofits, advise charities on fundraising or provide fundraising credentials. It was based on survey responses in January and February from nearly 13,500 charitable organizations in Canada and the United States.

Understanding Why People Give
March 27, 2015

Statistically, more than one-third of all charitable dollars given annually in the United States is directed to religion, and research indicates that faith practitioners are the country's most generous donors.

Congress Focuses In on NFL's Nonprofit Tax-Exempt Status in Letter
March 27, 2015

A longtime sticking point for Washington, House Oversight and Government Reform Chairman Jason Chaffetz (R-Utah) sent a letter late Wednesday to NFL Commissioner Roger Goodell saying that the committee is reviewing the tax-exempt status enjoyed by the NFL and 10 other sports leagues and associations. Some of the other leagues that also received a letter include the NHL, various golf and tennis associations, and, yes, even the Professional Rodeo Cowboys Association.

Council on Foundations Cancels Grant-Making Contest
March 27, 2015

The Council on Foundations has scrapped plans for a philanthropy challenge in which nonprofits would vie for $40,000 in grant money by answering "rapid-fire" questions about their programs. It had planned to hold the event at its annual meeting in San Francisco next month. The contest drew criticism from a number of nonprofit leaders who felt the format demeaned the charities. Participants would have responded to questions from several judges and received coaching from foundation experts on how to pitch their ideas. The winner was to be determined by an audience vote.