
Government & Regulation

If passed this week, the new Republican tax legislation will “simplify” the tax code and increase the standard deduction; thereby reducing the number of people who itemize their taxes...
The Rockford charity called VietNow National Headquarters Inc. raised more than $15 million during the past 10 years with appeals to help veterans racked by joblessness and post-traumatic stress disorder. But more than 80 percent of those donations were kept by for-profit telemarketers, records show, and much of the rest was used for administrative costs.…
House Republicans’ newly unveiled tax legislation would tax high-earning nonprofit executives and university endowments, just two of many provisions meant to offset the plan’s rate cuts and other tax breaks. Under the Tax Cuts and Jobs Act, released Thursday, nonprofit executives earnings above $1 million would have their earnings subject to a 20 percent tax.…
The easiest, cleanest way to get the money from Adidas to the high-school recruit and his family, the men agreed according to a federal complaint, was to launder it through the nonprofit headquartered here, in a five-bedroom home with blue siding, a brick walkway and a well-manicured lawn in the middle of a nondescript suburban…
As a nonprofit organization, it is important to be engaged and relevant to the community that you are located in. By becoming an active member in the local area, not only can you increase the recognition of your organization, but you can also meet the people that make up the very community you operate in. These people…
Since President Donald Trump’s administration ordered an end to the Deferred Action for Childhood Arrivals program on Sept. 5, nonprofit providers across New York City have responded to those directly affected by offering legal services and other help. The move would phase out a program, created by then-President Barack Obama in a June 2012 executive…
Charity regulators are cracking down on fundraising scammers after concerns that fraudsters had used tragedies such as Grenfell Tower and terror attacks to dupe donors. Fundraising platforms are to attend a meeting with the Charity Commission to agree new guidelines after websites, such as JustGiving and GoFundMe, were forced to suspend fundraising pages for tragedies,…
President Donald J. Trump’s inaugural committee raised an unprecedented $107 million, and the committee pledged to give leftover funds to charity. That amount doubled former President Barack Obama's then-record inauguration donations in 2009, which totaled around $53 million...
The White House on Wednesday listed 12 charities that will receive personal donations from President Donald Trump and his wife, Melania, who pledged last week to donate $1 million for Hurricane Harvey relief efforts. The largest contributions will go to the Red Cross and the Salvation Army, which are each set to receive $300,000 according…
Millions of pounds in administration costs were deducted from the charitable donations made by Tesco using funds generated from the plastic bag tax, government data has revealed. No other major supermarket made any such deductions, leading senior MPs to urge Tesco to follow their lead. The 5p charge for plastic bags was introduced in England…