Nonprofits fear proposals to reduce or end charitable deduction
Reducing or ending the charitable deduction are the focus of a handful of proposals that are part of the growing debate over how to lower the nation’s massive deficit, proposals that nonprofit advocates fear will damage the nonprofit sector beyond repair, The New York Times reported Dec. 2 (see charitable deduction story).
Public TV getting $2.2 million from Newman’s Own Foundation
PBS and nine of its local stations are getting $2.2 million from the Newman’s Own Foundation, a charitable arm of the food-products company founded by Paul Newman, The New York Times reported Dec. 1 (see Newman’s Own story).
Washington State aims to raise $1 billion
Washington State University has launched a $1 billion fundraising drive, kick-started by a $26 million gift from Microsoft co-founder Paul Allen, The Columbian reported Dec. 2 (see Washington State campaign story).
Former charity chief indicted on charges of stealing over $1 million
The former head of a charity in Austin, Tex., was indicted on charges she stole more than $1 million over seven years from a church and two nonprofits, including one that she ran, the Associated Press reported Dec. 2 (see nonprofit indictment story).