The Taxpayer First Act, which passed in 2019, has provisions that clarify and give transparency to a number of Internal Revenue Service (IRS) operations, including some that impact nonprofits.
Barely six months after the nation’s highest court ruled on a donor disclosure case, New York State Attorney General’s Office has proposed regulations that would require nonprofits to submit a redacted Schedule B as part ...
A survey of mostly faith-based charitable donors suggests that American nonprofits could have their best fundraising year ever in 2021 despite the pandemic.
Trust is declining for nonprofits and philanthropic organizations, according to a new survey by Independent Sector, a coalition of nonprofits, foundations, and corporate giving programs.
Nonprofit jobs saw their strongest rebound in six months, with almost 81,000 jobs recovered in March. That’s a jump of 8.9%— the largest monthly rebound in nonprofit jobs since August—from more than 900,000 jobs still ...
President Joe Biden is expected to sign a $1.9-trillion coronavirus relief package on Friday that includes billions for nonprofits after the House of Representatives passed it Wednesday (March 10).
The IRS has finalized its rules on an excise tax to discourage excessive compensation at non-profit organizations. In its February 16th Bulletin, the IRS announced an update to section 4960 of the Internal Tax Code ...
Just four in 10 Millennial fundraisers—those between the ages of 24 and 35—think their organizations offer some form of career advancement program.
The COVID crisis and concerns about the economy have provoked caution from American donors, but – on balance – they plan to continue or even increase their current giving levels.