Nonprofitxpress roundup – Payout bill draws fire

Here are the week’s top nonprofit stories:

* Independent Sector, which represents 700 nonprofits, opposes proposed legislation to force foundations to give more to charity, The New York Times reported June 17.

* Civil liberties and Islamic groups fear a bill to let federal agencies suspend the tax-exempt status of charities suspected of supporting terrorism could erode their civil liberties, Reuters reported June 13.

* The U.S. Supreme Court has rejected a claim that nonprofits should be exempt from a law banning corporate contributions to political candidates, the Washington Post reported June 17.

* AmeriCorps has cut its spending and may reduce its ranks because Congress cut the group’s 2003 grant money 27 percent from 2002, despite President Bush’s support of program, The New York Times reported June 17.

* Leaders of big nonprofits serving on corporate boards can add independence and social perspective to the boards and generate big gifts for their nonprofits but create conflicts of interest by obliging the nonprofit leaders to the corporate managers they are supposed to oversee, The Wall Street Journal reported June 20.

* United Way in Chicago and United Way of Suburban Chicago are consolidating to form United Way Metropolitan Chicago by end of year, The New York Times reported June 18.

* Jacquelyn Allen-MacGregor, former vice president of finance for Capital Area United Way in East Lansing, Mich., was sentenced to four years in prison for stealing over $2 million from agency, The Associated Press reported June 16.

* New York City Mayor Michael Bloomberg donated more than $130 million to charity last year, even though the city’s ethics board forced him to sell all his stocks, The New York Post reported June 14.

* Financier Eli Broad and his wife, Edythe, are donating $100 million over 10 years to create a joint institute at Harvard and MIT that will apply knowledge of the human genome to the practice of medicine, The New York Times reported June 20.

* The Turner Foundation, which has given away more than $222 million since TV mogul Ted Turner formed it in 1991, is halting its funding of environmental groups for at least a year because of financial woes, The Washington Times reported June 18.

* City University in London is launching a center for charity effectiveness to strengthen the management “capacity” of Britain’s charity sector, The Guardian reported June 19.

* The Prince of Wales must raise more than 70 million British pounds a year, or more than $117 million, to support charities he has established plus his Business in the Community initiative, the Daily Telegraph reported June 18.

* Oxfam Community Aid Aboard has repeated its call for national legislation governing Australia’s charity sector to protect donors and beneficiaries, The Age reported June 15.

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