The former Executive Director of We Stay-Nos Quedamos, a South Bronx housing and social services nonprofit, recently pleaded guilty to diverting nearly $900,000 from the organization. How did she do it? According to the New York Attorney General’s office, Yolanda Gonzalez paid her personal expenses, such as payments on her new car and trips to …
Posts Categorized: News
Girl Scout Cookies Go Digital
After years of prohibiting digital sales of its cookies, Girl Scouts of the USA is moving the organization into the digital age with its “Digital Cookie” platform. Why did it take so long? The national organization, which sets policy regarding sales of cookies by the individual councils, was concerned that online sales would not teach …
Proposed SUN Act Requires Increased Nonprofit Transparency
Senator Jon Tester (D-Mont.) recently introduced the Sunlight for Unaccountable Nonprofits Act (The SUN Act), which would require that already public information about nonprofits (specifically, that included on their annual information returns) be made available to the public at no charge in an open, searchable format. The Act specifically would require the information provided be …
What’s in a Name?
Maybe a better question is, What is a name worth? If you’re the family of Avery Fisher and New York’s Lincoln Center, a name is worth at least $15 million … and perhaps $100 million or more. For years, Lincoln Center has wanted to renovate Avery Fisher Hall, which is infamous for its subpar acoustics …
IRS Top Tips for Year-End Charitable Donations
As individuals and businesses get ready to make their year-end charitable donations, the IRS provides its top tips about giving: 1. If you are making a charitable contribution of clothing and household items (e.g., furniture, furnishings, electronics), they must generally be in good used condition or better to be tax-deductible. Donors must get written acknowledgments …
One Week Until Giving Tuesday!
Remember when we told you about Giving Tuesday last year? By now the familiar #GivingTuesday hashtag has probably started reemerging on all your favorite social media sites as it is being held on December 2, 2014. Over the Thanksgiving holiday, Giving Tuesday wants you to remember the event as an alternative to shopping events such as …