News & Articles

Advisors, Clients Talking More About Charitable Giving

July 23, 2018       Andy Segedin      

Professional advisors and their high-net-worth (HNW) clients are in agreement that sitting down to talk about charitable giving is important. When it comes to what extent it is important, why it is important, and barriers to giving, the two sides might be sitting across the same table — but they’re speaking different languages.

Opinion: Don’t Be Calm Before The Coming Storm

July 23, 2018       Paul Clolery      

There’s no doubt that $410 billion is a lot of money. Calling it an outpouring of generosity would be a mistake. When you consider the soft giving numbers from the first quarter of 2018, the 2017 charitable wave that tabulated the gelt might be labeled an aberration.

Regulators Crack Down On Dubious Vets Charities

July 20, 2018       Mark Hrywna      

One nonprofit said it was funding medical care and suicide prevention programs for veterans and even claimed a “Gold” rating from GuideStar. Nearly all of the $20 million it raised went to the president’s salary and fundraising firms. Another group wasn’t even a registered charity, but made millions of illegal robo-calls soliciting donations of cars, boats and other vehicles – also claiming to help veterans – that were simply re-sold for private gain.

Blackbaud Launches Church Management

July 19, 2018       Mark Hrywna      

Blackbaud has announced its Cloud Solution for Faith Communities with the introduction of Blackbaud Church Management.

Study: Nonprofits Lack Emphasis On Sexual, Gender Diversity

July 19, 2018       Andy Segedin      

About four out of five nonprofit CEOS say that racial diversity is relevant to their organizations and slightly fewer report that their organizations are least somewhat racially diverse.

Schwab Charitable DAFs Grant $925M To Start 2018

July 18, 2018       Andy Segedin      

The late winter and spring can be giving seasons, too.

House Provision Permitting Political Churches Moves Forward

July 17, 2018       Andy Segedin      

Attempts by a pair members of Congress to remove language permitting political activity by churches in the House of Representatives’ “mini-bus” appropriations bill will not be considered further as of Monday evening. The bill is now likely to proceed on this week with language prohibiting the Internal Revenue Service (IRS) from denying tax exemptions due to political activity.

IRS Dumps Schedule B For Associations, Others NPOs

July 17, 2018       Mark Hrywna      

Associations, labor unions, and social welfare organizations – those that don’t primarily receive tax-deductible contributions — will be among the organizations that will no longer have to file Schedule B, disclosing names and addresses of major donors to the Internal Revenue Service (IRS). The revised reporting requirements will take effect for the year ending December 2018, with returns generally filed May 15, 2019.

CASE Announces Work On Global Benchmarking Tool

July 16, 2018       Andy Segedin      

Leaders at the Council for the Advancement and Support of Education (CASE) announced work on a new global data resource during the council’s summit in New York City on Sunday. The announcement marks the beginning a multi-year project to provide CASE’s 3,700 member institutions with global advancement-related metrics, benchmarking, and analytics to help support strategic decision making.

Senators Seek Federal Data On Giving

July 16, 2018       Mark Hrywna      

Two key U.S. senators have requested that the Trump administration provide data on charitable deductions so far in 2018, amid concerns that tax reform could drive down charitable giving this year.