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Final Senate Bill Provides Little For Nonprofits

December 4, 2017       Andy Segedin      

The United States Senate wheeled and dealed Friday night into Saturday morning, voting 51-49 in favor of the most sweeping piece of tax reform in over 30 years. When nonprofit leaders woke up Saturday morning, if they had in fact even gone to bed, few liked what they saw.

#GivingTuesday Hits Record $274 Million

November 28, 2017       Andy Segedin and Mark Hrywna      

In its sixth iteration, #GivingTuesday hasn’t slowed in spite of a year filled with natural disasters that implored donors to contribute to charities, reaching another new record yesterday.

#GivingTuesday Is Here But Giving Days Lasting Much Longer

November 28, 2017       Andy Segedin      

Giving Days have become a popular tool for charities and foundations in recent years to spur giving both during select dead periods and the holiday season through efforts such as #GivingTuesday. As the days increase in popularity, with improved technical functionality and social media awareness, organizations are faced with the conundrum of whether or not to dip into the well earlier.

Giving Down 4 Percent From 2016

November 21, 2017       Andy Segedin      

Giving has rebounded slightly in the third quarter of 2017 as compared to the half-year mark but still trails 2016 figures, according to a Fundraising Effectiveness Project (FEP) report. The number of year-to-date donors (4.8 million) and revenue ($4.7 billion) remain 5 percent and 4 percent behind 2016 numbers, respectively.

House Signs Off On Tax Bill That Hurts Charities

November 16, 2017       Andy Segedin and Mark Hrywna      

The House of Representatives passed the Tax Cuts and Jobs Act on Thursday by a 227 to 205 vote. The bill, roundly criticized by leaders in the nonprofit sector, marks a significant step in what has been an accelerated process for the most significant tax reform in more than three decades.

Revenue Up But Public Support Declined For United Ways

November 16, 2017       Mark Hrywna      

Total revenue for the United Way Worldwide and its 1,142 U.S. affiliates nationwide increased by more than 1.5 percent last year despite a decline of 4.5 percent in public support.

Museum’s Hoodie Tied To TV Tops $1.1 Million

November 14, 2017       Mark Hrywna      

The second season of the Netflix hit series “Stranger Things” was an unexpected boon to the Science Museum of Minnesota — to the tune of $1 million and counting.

Senate Tax Bill Keeps Johnson Amendment Intact

November 10, 2017       Andy Segedin      

The House of Representatives came down on the charitable sector last week, cutting into charitable coffers with an increased standard deduction and removal of the estate tax.

BREAKING: House Bill Sunsets Johnson Amendment For All 501(c)(3)s

November 9, 2017       Mark Hrywna      

The House Ways and Means Committee advanced tax reform legislation along a party-line vote this afternoon, including an amendment that would allow political activity not only by houses of worship but extend it to all 501(c)(3) organizations.

Johnson Amendment Repeal Attempt Cites ‘Churches’ Only

November 6, 2017       Andy Segedin      

Somewhat buried in the deluge of Thursday’s 429-page tax proposal from the House of Representatives was Sect. 5201, permitting churches to make political statements during the ordinary course of religious services. The section, the second to last of the bill, runs counter to the Johnson Amendment, which has prohibited partisan political activity among all 501(c)(3)s since 1954.