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 Categorized: Donations
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 …
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 …
Red Cross Responds to Mismanagement Reports
We told you earlier this week about a joint investigation by NPR and ProPublica into the mismanagement of the American Red Cross’ responses to Hurricanes Isaac and Sandy in 2012. In an interview with PBS NewsHour, Suzy DeFrancis, Chief Public Affairs Officer for the Red Cross, responded to that investigation. DeFrancis explained that the investigation …
Media Declares Botched Red Cross Responses
After two major hurricanes hit the east coast in 2012, many responded in a typical fashion – by donating to the American Red Cross. Indeed, the Red Cross received hundreds of millions of dollars in donations to assist with the storm relief. Did the donations go to waste? According to a joint investigation by ProPublica …
Donations to Ebola Fight Trickling In
Have you donated to efforts working to halt the Ebola epidemic? If not, you’re not alone. The Washington Postreports that charitable giving to such efforts has been far less than that for other major disasters. For example, almost all of the funding received by the American Red Cross to date for its Ebola efforts has …