Tax, Legal & Compliance

A U.N. office said it is rejecting the remainder of a $15 million offer from a foundation now under scrutiny after its leader, vetted and approved by the office earlier this year, was arrested and accused in an alleged bribery scheme. The director of the U.N. Office for South-South Cooperation told The Association Press in an…

A court-sanctioned investigation has found state Sen. Jeff Hayden, DFL-Minneapolis, and his wife Theresa received at least $3,486 in improper reimbursements from a now-defunct nonprofit organization. A report filed in Ramsey County District Court Thursday alleges Community Action of Minneapolis paid for plane tickets, hotel stays, travel expenses and spa services for the Haydens. With…

A New York judge denied a college's petition to add the wife of a Wall Street billionaire to its name, citing the will of the founding donor. Paul Smith's College President Cathy Dove announced the ruling on the Adirondack college's website Wednesday. The college's board of trustees voted over the summer to rename the college…

July 26, 2015 marked the 25th anniversary of the signing of a landmark law for people with disabilities: the Americans With Disabilities Act (ADA). The ADA is divided into five titles. Title I deals with employment discrimination against people with disabilities. This includes employment discrimination by nonprofit employers. As a nonprofit employer, what questions should you consider when it comes to making hiring, firing and other employment decisions...

A new report from the Century Foundation questions the legitimacy of four former for-profit colleges' recent transformations to nonprofit status. Those institutions are "covert for-profits," according to the report, "where owners have managed to affix a nonprofit label to their colleges while engineering substantial ongoing personal financial benefits for themselves." The report's author is Robert…

Philadelphia City Councilman David Oh's efforts to raise money for his re-election campaign have turned into something of a hot mess. A disagreement over who may have botched the wording of those fundraising efforts had Oh and his own campaign consultant each reaching out Thursday to complain to the Philadelphia Board of Ethics. Oh, a…

Eight conservative groups are backing an appeal to the Supreme Court over a controversial California regulation requiring nonprofits to disclose their big donors on a tax form, saying the rule tramples on donors' constitutional rights. Mark Fitzgibbons of American Target Advertising, a direct marketing and fundraising agency for nonprofit organizations, accuses California Attorney General Kamala…

The Bill & Melinda Gates Foundation Trust has sued Brazil's Petrobras to recoup stock losses stemming from a corruption scandal at the state-run oil company. According to a complaint filed late Thursday night in federal court in Manhattan, Petrobras' "pervasive bribery and money laundering scheme" caused the trust and another plaintiff, WGI Emerging Markets Fund…

Three former H.J. Heinz employees are suing the Kraft Heinz Co. because the company ended a program that would have made large donations to charity in those employees' names. The H.J. Heinz Co. in 1989 offered the Key Employee Charitable Award Program, in which eligible top employees could donate money each year for five years…

The Internal Revenue Service revoked the nonprofit status of the veterans benefit organization that hosted and sold tickets to a foreign policy speech by Republican presidential candidate Donald Trump aboard a retired U.S. battleship, The Associated Press has learned. The group's endorsement of Trump at the event also could raise legal problems under campaign finance…