Some nonprofits concerned that IRS scandal will stain their good work
Following Tuesday’s release of the Treasury Inspector General for Tax Administration’s harsh audit, some nonprofits are concerned that IRS mismanagement of certain 501(c)(4) tax exempt social welfare organizations will negatively impact perceptions of their 501(c)(3) charitable operations.
Donors, recipients take a charitable view of Armstrong
Lance Armstrong may be forever branded as a liar or worse by cycling fans, sponsors, sports councils and legal authorities for his belated confession to using banned performance-enhancing drugs. But not everyone is dismissing him as just another disgraced athlete. Those who have benefitted from his LIVESTRONG foundation, from which he resigned in October, prefer to focus on the cancer survivor’s generous support of cancer-related causes.
11.07.12.: NC News Bits
GlaxoSmithKline partners with Food Bank, Kangaroo Express donates to NC National Guard soldiers, The Kate B. Reynolds Charitable Trust announces NFP program, and more.