Will Christian foundations increase giving?
In 2023, foundation giving totaled over $103.5 billion, according to the National Philanthropic Trust, making them critical to the charitable work happening in the United States and around the world.
Federal Law requires dissolving nonprofits to distribute to other nonprofits
A century-old church has chosen to close and sell its property and give the earnings to charity.
Bill being dubbed by some as the ‘nonprofit killer’
The ability of the U.S. Secretary of the Treasury to designate a nonprofit as a terrorist supporting organization and yank its exempt status got one step closer to reality.
Could give new options for those with 403-b retirement plans
Nonprofit employees with 403(b) retirement plans would be able to participate in collective investment trusts (CITs), if new federal legislation passes and is signed into law. A CIT is a tax-exempt investment vehicle that is ...
National Council of Nonprofits leaders are urging colleagues to join them in supporting a revision to federal grantmaking rules that would allow nonprofits to renegotiate the dollar amount of federal grants and contracts whenever overtime ...
A coalition of more than 60 nonprofits has sent a letter to top U.S. elected leaders requesting policies that will help nonprofits continue to serve their communities during the coronavirus pandemic.
Itemized deductions, including charitable deductions, will be capped for high-earning taxpayers in Colorado starting next year. The Colorado Nonprofit Association (CNA) estimates the reduction in giving to charitable organizations could approach $100 million.
The U.S. Supreme Court recently heard oral arguments in a key donor disclosure case that’s made its way through the California courts during the past decade.
Nonprofits that are newly eligible for the second draw of the Paycheck Protection Program (PPP) will have an additional two months to apply for the relief funds.
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).