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 …
Posts Tagged: tax-exempt organizations
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 …
GuideStar Looks Toward Second Revolution
After 20 years in business, GuideStar wants a facelift. The nonprofit information database (which you probably know as the place to find an organization’s Form 990) wants to execute a new strategic plan that it calls Guidestar 2020. GuideStar calls it the organization’s second revolution: “nonprofit transparency that drives nonprofit effectiveness.” The new plan includes …
UnKoch My Campus
Students at almost 30 colleges are holding protests, demanding: “UnKoch My Campus!” They want more transparency from their colleges about the academic influence they feel billionaire brothers Charles and David Koch have “bought” with their sizable donations to the schools. Since 2005, the brothers have donated nearly $50 million to 254 colleges nationwide according to …
British Officials Fear Terrorists Hijacking Charities
The Charity Commission, a British government watchdog for charities, is formally investigating 86 British aid organizations to determine whether their charitable funds have been hijacked by terrorists in Iraq and Syria to finance military operations. The Commission fears that extremists are smuggling from the aid groups when the groups are distributing donated cash and equipment …