All posts by Suzanne Perry

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Boustany Reappointed Head of House Nonprofit Oversight Panel

Rep. Charles Boustany—a Louisiana Republican who started holding a series of hearings on nonprofit issues last year—has been reappointed chairman of the House Ways and Means oversight subcommittee.

The announcement was made today by Rep. Dave Camp of Michigan, chairman of the Ways and Means Committee, which oversees tax-exempt organizations.

Mr. Boustany was re-elected to Congress after winning a runoff election last month that was required by state law because no candidate had won a majority of…

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Fiscal-Cliff Tax Deal Expected to Boost Charitable Giving

The income-tax provisions adopted by Congress to avert the year-end “fiscal cliff” will increase charitable giving by an estimated 1.3 percent, or $3.3-billion, in 2013, according to a new Urban Institute analysis.

The boost will come mainly from the decision to increase the top tax bracket from 35 percent to 39.6 percent on income above $400,000 for individuals ($450,000 for married couples), the institute said.

Because the charitable deduction is tied to a person’s tax bracket, those donors …

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5 Candidates Endorsed for Nonprofit-Friendly Agendas Win Election

While many people were glued to their television sets this week waiting to learn who the country’s next president would be, Robert Egger and Douglas Knight were closely monitoring the results of some less-publicized races.

The two nonprofit leaders run CForward, an organization that Mr. Egger founded last year to promote candidates who have strong agendas for strengthening nonprofits in their communities. The group endorsed eight candidates, all but one for a state or local office, and five of t…

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Most Key Lawmakers for Nonprofits Win Re-Election

Several Congressional candidates with key positions on committees that influence nonprofit policy won re-election Tuesday. They include:

• Sen. Orrin Hatch of Utah, senior Republican on the Senate Finance Committee, which oversees tax-exempt organizations.

• Rep. Dave Camp of Michigan, the Republican chairman of the House Ways and Means Committee, which also oversees tax-exempt organization.

• Rep. John Lewis of Georgia, senior Democrat on the Ways and Means Committee’s oversight subcommittee, t…

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Senators Quiz Fundraising Firm About Work for Veterans Group

The Senate Finance Committee has asked Quadriga Art, a direct-marketing firm, to provide financial records about its ties to the Disabled Veterans National Foundation, a charity the committee is investigating because it has spent little money on services that directly help veterans.

Most of the money the veterans’ group has raised from an extensive direct-mail operation has gone to pay bills at Quadriga and its subsidiary Brickmill Marketing Services. It owes  about $17-million to the two compa…

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Romney Limits His Charitable Deduction to Increase Tax Bill

Mitt Romney and his wife, Ann, contributed $4-million to charity last year but claimed a tax deduction for only $2.25-million, according to their 2011 tax return and other financial information released today.

They limited their deduction because their income was less than the amount they reported last January on an estimated tax return, and their donations “would have significantly reduced their tax obligation for the year,” according to a letter from Brad Malt, a family trustee.

Mr. Romney wan…

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White House Philanthropy Event Was a Closed-Door Affair

People who promote innovative approaches to social problems usually stress the importance of sharing knowledge so that everyone can learn about the most effective strategies.

But organizers of Thursday’s closed-door White House Forum on Philanthropy Innovation must not have gotten the memo.

The event—hosted by the White House Office of Social Innovation and Civic Participation and attended by philanthropists, nonprofit leaders, government officials, and others—was not announced publicly and …

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Social Innovation Fund Director to Leave This Month

Paul Carttar, director of the federal government’s new Social Innovation Fund since April 2010, will step down at the end of this month, the Corporation for National and Community Service said.

Idara Nickelson,  the corporation’s chief investment officer, will become the fund’s new  director,  Wendy Spencer, the agency’s chief executive, said in an e-mail to associates.

Mr. Carttar,  a nonprofit expert with a wide range of experience in philanthropic, academic, government, and business, was the …

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New PAC for Nonprofits Endorses Its First Candidates

CForward, a political-action committee that was set up last year to promote candidates who pledge to stand up for nonprofits, has made its first endorsements.

They include five contenders for state legislatures and one each for city council, mayor, and the U.S. House of Representatives.

“Our choices are not based on any single issue, or geography, gender, or political party,” the group said in a statement. With governments cutting budgets across the country, it looked for candidates that would “…

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Social Innovation Fund Awards $42-Million

The Social Innovation Fund, a federal program designed to help nonprofits expand effective programs, has awarded more than $42-million to 11 groups in its third round of annual grants, the Corporation for National and Community Service announced today.

The fund, which gives money to grant makers that in turn award it to innovative nonprofits, has allotted $11-million to four new groups and $33.9-million to seven existing grantees.

The newcomers, which will each receive $2-million over two years: