Ivy League professors urge taxpayers to donate tax cuts to charity
A group of professors at Cornell and Yale say the tax-plan comprise reached by President Obama and his Republican rivals unfairly favors the wealthy — and they are encouraging taxpayers take a stand by donating their tax cuts to charity, ABC News reported Jan. 3 (see Ivy League charity story).
Few big nonprofit campaigns in Connecticut meet goals
A new report by the Connecticut Council for Philanthropy that reviewed 63 major fundraising campaigns says dozens of Connecticut nonprofit organizations are having trouble meeting fundraising goals because of the poor economy, with only three of the 22 campaigns that ended in 2009 meeting their goals, Newsday reported Jan. 1 (see Connecticut nonprofits story).
Georgia nonprofit hospitals fight idea of sales tax
A new report by the Georgia Alliance of Community Hospitals says that for every $1 of state tax exemptions, nonprofit community hospitals in Georgia provide an average of $4.16 in uncompensated community benefits, and the group is pushing to keep state lawmakers from even suggesting that tax-exempt hospitals should start paying sales tax in a tight budget year, the Chattanooga Times Free Press reported Jan. 3 (see hospital tax break story).
Jolie, Pitt give $2 million to wildlife sanctuary
Movie stars Angelina Jolie and Brad Pitt have donated $2 million to a wildlife sanctuary in Namibia, People magazine reported Jan. 3 (see wildlife gift story).