Tag Archives: Charitable giving

Takeaways from Ways and Means Committee hearing on tax-exempt organizations

By Katy Snyder, JVA Consulting A hearing led by Rep. Charles W. Boustany, Jr. (R-La.), Chairman of the Ways and Means Subcommittee on Oversight, was held yesterday to discuss issues related to IRS oversight of tax-exempt organizations. The hearing, which … Continue reading

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Thinking of Colorado Gives Day as the beginning, not the end game

By Janine Vanderburg, JVA Consulting On Wednesday, December 8 at 12 a.m. the long-awaited Colorado Gives Day will begin. The goal: Raise $ 1 million in one day for Colorado nonprofits. Spearheaded by the Community First Foundation and FirstBank, the … Continue reading

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Obama’s proposed changes may hinder nonprofit donations

During a news conference Tuesday, President Barack Obama defended his controversial proposal to cap tax breaks for the wealthiest Americans on charitable gifts and use the revenue to help fund his health-care overhaul. While the majority of Americans can write … Continue reading

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Many foundations have lost a third of their assets, survey finds

The steep drop in equity markets in 2008 triggered an erosion of foundation wealth, with many foundations reporting losses of nearly a third of the value of their assets, the Chronicle of Philanthropy reports. A recent Chronicle survey found that … Continue reading

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Year-end online giving strong

Online donations were strong in December 2008 according to Network for Good, which processes online donations for nonprofits. The number of donations made in December 2008 jumped by almost half over December 2007 to reach 157,414, and the total amount … Continue reading

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Bequests top “Slate 60” list of biggest gifts of 2008

Seven of the ten biggest charitable gifts in 2008 were from estates, a sign that even the richest Americans may be putting off large donations due to economic uncertainty, the Chronicle of Philanthropy and Slate magazine report. By contrast, all … Continue reading

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Despite tough times, some retailers increase giving

Despite sales declines that have reached double digits in some cases, many corporate retailers are pulling out the stops to maintain their charitable giving, USA Today reports. Of the 11 retailers that provided information to the Chronicle of Philanthropy for … Continue reading

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Loss of connection leading reason wealthy donors stop giving

Nearly 60 percent of wealthy households that stop giving to a charitable organization attribute the change in their philanthropic behavior to no longer feeling connected to the organization, a new study from the Center on Philanthropy at Indiana University (http://www.philanthropy.iupui.edu/) … Continue reading

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