Tax, Legal & Compliance
On Thursday, Wounded Warrior Project announced that it had fired two top executives and established an office of the CEO, led by board chairman Anthony Odierno, to head up the search for a new leader. Within a day, a familiar face had volunteered. John A. Melia, who founded Wounded Warrior Project in 2003 and led the organization until his departure in 2009, on Friday told The Associated Press that he had requested an "immediate" meeting with the organization's board of directors. And he has a 10-point plan to fix the organization...
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...
If elected president, Hillary Clinton has promised to make many deductions less valuable for the well-to-do, but she would sidestep impacting their gifts to charity. Clinton has some aggressive tax plans, albeit not as aggressive as those of her fellow Democrat, Sen. Bernie Sanders. Clinton would ask the wealthiest to pay more. She would be most aggressive…
Once again, the National Center for Charitable Statistics at the Urban Institute has researched and compiled an impressive brief utilizing massive amounts of tax data from the IRS. The brief, titled "Profiles of Individual Charitable Contributions by State: 2012," was recently released and contains a wealth of data points. The brief outlines the data from…
It's been a little more than a month since CBS News and The New York Times released independent investigations slamming Wounded Warrior Project for allegedly wasting donation money on lavish conferences and events. And while the reports had several noteworthy flaws, the damage is already adding up for the veterans charity. Late last week, CBS News reported that several of Wounded Warrior Project's major donors have ended or plan to end their support...
"I'm very sorry. I made a mistake, and I intend to pay it back," Reggie Rucker told a Fox 8 Cleveland reporter after pleading guilty to wire fraud and making false statements to law enforcement last week...
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…
Interviewing is an important part of any business. It goes without saying that the successful candidate for the job will come to the interview prepared. What is often overlooked is that the same is true for the interviewer. When interviewing for any position, plan your questions in advance and use care when addressing the following topics...
The U.S. Attorney's Office in the Northern District of Ohio filed charges against Reggie Rucker, 68, of Warrensville Heights, Ohio, last week for wire fraud and making false statements to law enforcement, according to the complaint. He allegedly used charitable donations for his gambling debts and personal expenses—such as mortgage payments, food, travel, dry cleaning and entertainment—and lied to the FBI during questioning...
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...