Charitable giving, nonprofit tax rules, and what donors and organizations need to know to give (and receive) the right way.
While many across Britain were devastated last week by Roger Federer’s victory at Wimbledon over hometown darling Andy Murray, others had something to celebrate: money for charity. In 2003, Nick Newlife (no, I’m not making up his name) placed a £1,520 bet that Roger Federer would win the Wimbledon crown seven times by the year…
I love it when people do the right thing. But sometimes in our zeal to do the right thing, we don’t take a few moments to stop and think. And you know, make sure that what you’re doing is actually the right thing. Consider the case of Karen Klein, the 68-year-old bus monitor from Greece,…
In response to the ridiculous flat out crazy lawsuit that I blogged about earlier today, Indiegogo has released the following statement: As the largest crowdfunding platform operating in nearly 200 countries Indiegogo exists to provide crowdfunding opportunities worldwide, and a frivolous lawsuit doesn’t change Indiegogo’s commitment to this creative and popular campaign. Thanks to Indiegogo…
It started out simple enough. Matthew Inman is a webcartoonist who maintains a little site that you might have heard of called The Oatmeal. Over a year ago, Inman noticed that his content was being “re-hosted” on another site, FunnyJunk.com, without his consent. When you’re on the web, you get that this happens. It isn’t…
Earlier today, George Zimmerman’s wife, Shellie N. Zimmerman, was arrested for allegedly lying at her husband’s bond hearing. Mr. Zimmerman made headlines this spring when he shot an unarmed Florida teen, Trayvon Martin. Mr. Zimmerman claimed that the shooting was justified and was done in self-defense after the teen became aggressive. In April, Mr. Zimmerman…
As I reminded you over the weekend, the deadline for filing federal information returns (the 990 series) for most charitable organizations is tomorrow, May 15. So this morning, bright and early, I headed over the site and got an error. And again. And again. The system is down… Of course, it is. The site is…
For years, most small tax-exempt organizations were exempt from filing requirements with IRS. This all changed a few years back when The Pension Protection Act of 2006 made it mandatory for tax-exempt organizations to file an annual information return or notice with the IRS regardless of how much (or little) income the organization receives. The…
A number of years ago, I climbed into a van with some friends and headed to the great city of New Orleans. It was summer, hot and humid, even for those of us used to it from coastal North Carolina. We were armed with craft supplies, loads energy, and great ideas – we were going…
It was the charitable shot heard round the world. Susan G. Komen for the Cure, or Komen as it is known to most donors is the largest, best-known breast cancer organization in the United States (if not the world). In early 2012, the charitable organization walked into a firestorm of criticism when it announced that…
Our twelfth and final charitable organization in the series is the Jon Bon Jovi Soul Kitchen, located at 207 Monmouth St. Red Bank, NJ 07701. I know what you’re thinking: the Philly girl is touting a restaurant in New Jersey? All joking and anti-Giants sentiment aside, I have a good reason and it’s not just…