Health insurer Blue Shield of California has lost its state tax-exempt status. The California Franchise Tax Board stripped the insurer of its tax-exempt status this past August for reasons unknown, and ordered it to file state income taxes back to 2013. The organization already pays federal income taxes.
Global Links, a Pittsburgh-based humanitarian agency, has been shipping medical aid to Cuba through Canada for 20 years. President Barack Obama’s announcement of soon-to-be-renewed diplomatic ties with Cuba might render those extra miles, and costs, unnecessary.
It’s almost a time-honored tradition that some charities — and donors — don’t want to talk about. Someone makes a fortune on the misfortune of others and turns to charity to help shine up their public perception.
Is #GivingTuesday advancing the needle on charitable giving or just moving it around during charities’ busiest time of year? That’s the question that remains to be answered after #GivingTuesday last month. But, nonprofit leaders are still pleased with the huge jump in donations and funds raised during the second iteration of what is intended to become a national day of giving.
Online donations for #GivingTuesday through four of the nonprofit sector’s larger payment processors totaled more than $27 million, according to preliminary estimates. Their totals were slightly more than $12 million last year.
Nonprofits around the nation have taken to social media, email and most any avenue available today to push charitable giving during the second annual #GivingTuesday. It has trended in first place on Twitter for most of the day.
The City of Detroit filed the largest municipal bankruptcy in U.S. history this past summer but the Motor City is certainly not the first to file for bankruptcy. Almost two years after filing for Chapter 9 bankruptcy protection, Jefferson, County, Ala., is still crawling its way out of bankruptcy and charities in that region were tightening belts well before the 2011 filing.