Posts Categorized: Donations

Save Your Co-Mingling for Happy Hour

June 26, 2013 Posted by Jessica Shofler in Accountability, Donations, News

Thanks to Big Brothers Big Sisters, we have a great example of how not to spend government money. A government audit  recently concluded that the organization can’t properly account for any of the $19.4 million of Justice Department funding it received. These tax dollars were provided to the organization as restricted funds, in other words, …

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How do You Measure a Nonprofit's Effectiveness?

Earlier this week, we blogged about a letter from three prominent organizations strongly refuting the use of overhead costs to measure a nonprofit’s effectiveness. But, in seemingly direct contradiction to this letter, a new Oregon law requires that nonprofits spend no less than 30% of their total annual expenses on charitable programs. Worst of all, …

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NY AG Spearheads Heightened Political Disclosure Requirements

Last year, New York Attorney General Eric Schneiderman unveiled a plan to “revitalize” New York’s nonprofit sector. We told you about it here. This year, he has a new focus – 501(c)(4) “social welfare” organizations. This isn’t too surprising given the press these organizations have received lately, but the high level of transparency the AG’s …

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America's Most Wanted: Charities Edition

The Tampa Bay Times recently ran a series on what it and The Center for Investigative Reporting describe as the nation’s 50 worst charities. These include nonprofits whose fundraisers earn up to 98% of every dollar earned and whose insiders make millions of dollars per year. The articles also admonish charity regulators for not doing …

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Will High Admin Costs Mean No State Charitable Deduction?

What if high admin costs caused your nonprofit to lose the ability to take donations that received a state charitable deduction? The Oregon legislature is considering a bill that will do just that. The bill mandates that charities devoting less than 30% of their expenses to their charitable programs over three years will be required …

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