By Karl Zinmeister, The Philanthropy Roundtable This article is adapted from a talk delivered on January 29, 2016, at Hillsdale College’s Allan P. Kirby, Jr. Center for Constitutional Studies and Citizenship in Washington, D.C. It is a long piece, but…
Well, that was fast. At least the IRS made the right decision on this. Just to update you, the IRS recently proposed allowing charities to (optionally) collect the Social Security numbers of donors and report the detailed donor/donation information to…
The IRS recently proposed new regulations that would allow charities to report the Social Security numbers of donors who give more than $250 to the nonprofit. This has caused an uproar of concern among those in the nonprofit community, including…
The IRS currently requires donors to a 501(c)(3) to have a receipt from the charity for any gift above $250 in order for that gift to be tax deductible. According to a post in Bloomberg BNA, the IRS is considering…
Guest Post by Fundraising Expert, Sandy Rees, CFRE You need new donors. New donors bring money and other kinds of support to the table. But the hard truth is this: If you don’t bring in new donors, you’ll eventually have…
So, you want new donors? You want to make sure that you keep getting funds from the donors you currently have? What are you doing to make sure that both of these things are happening? If you lack a strategy and…
Dean Karlan, professor of economics at Yale University, recently wrote an article about determining if a charity is wasting donated money on overhead expenses. In this article, he discusses the “overhead ratio,” which we have discussed in a previous article.…
We reported several weeks ago that the U.S. Senate was planning to vote on an extension of three lapsed tax breaks for charitable contributions. The three tax breaks include enhanced deduction for conservation easements, donations from retirement accounts, and breaks…
Ron Wyden, U.S. Senate Finance Committee Chairman, expects Congress to pass legislation to extend three lapsed tax breaks for charitable contributions. Such extensions would be made permanent. The three tax breaks include the following: enhanced deduction for conservation easements, donations…
Giving Tuesday is a day that gives the world a chance to celebrate charities. In the past, it has been known as a day that follows Black Friday and Cyber Monday, but the increasing support shows it stands out on…