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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: nonprofit

nonprofit stories: 38 news summaries

1 - 20 of 38 Stories | 1 2 Next >>

WATCH IT

Cheney Group Raises Cash
to Save US From Obama

Liz project, Keep America Safe, will target 'radical' foreign policy

(Newser) - Liz Cheney’s new nonprofit launched its first online video today, kicking off fundraising for its anti-Obama campaign. Keep America Safe is dedicated to opposing what Cheney describes as Obama’s “radical” foreign policy. “Whether you’re a Republican or a Democrat, you want the nation to be... More »

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national security Barack Obama nonprofit foreign policy attack ad Liz Cheney

Court Rescinds Cap on Political Spending by Nonprofits

Emily's List wins ruling on 'soft money'

(Newser) - A federal appeals court today rescinded FEC limits on “soft money,” the Washington Post reports. The federal regulations had required that funds used by a nonprofit to influence a federal election be drawn from “hard money” accounts—individual contributions of “hard money” are capped at $5,... More »

(Newser) - Wal-Mart appears to be rolling out cheap knockoffs—well, “Great Value” replicas—of Girl Scout cookies, and that has one former “Cookie Mom” hopping mad. “The exclusivity of Girl Scout cookies is what makes the cookies really sell,” CV Harquail writes on Authentic Organizations. And now... More »

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nonprofit knockoff Wal-Mart Girl Scout cookies retailers fundraising copy

(Newser) - The 44 New Jersey politicians and New York and New Jersey rabbis arrested this morning were the subject of a 10-year probe, the Newark Star-Ledger reports. “The politicians willingly put themselves up for sale,” the US Attorney says. “For these defendants, corruption was a way of life.... More »

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US attorney New Jersey corruption money laundering nonprofit arrest politicians Ralph Marra

OPINION

 Chicago Paper's 
 'Profit' Model? 
 Reader Donations 

Independent Chicago paper is way ahead of its time

(Newser) - As media outlets struggle to find ways to become profitable again, “the Chi-Town Daily News is way ahead of its time,” writes Foster Kamer for Gawker. A recent article ended with a message asking for reader donations to recoup the $726 it cost to run. “Yes, they... More »

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media newspaper journalism recession nonprofit print journalism Chi-Town Daily News

Geffen Would Make NYT
a Nonprofit

Mogul still interested
in buying a large stake in the Times

(Newser) - Hollywood’s David Geffen has amassed a multi-billion-dollar fortune through his business acumen, so why on earth is he looking to invest in the newspaper industry by buying a large stake in the New York Times? The reason, two sources tell Johnnie L. Roberts of Newsweek, is that... More »

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David Geffen New York Times nonprofit newspaper industry Jay-ZTV

(Newser) - It's only a matter of time before major American newspapers become nonprofits, writes Simon Dumenco in Advertising Age. The idea—he himself wrote about it in 2006, borrowing from the model of the Guardian—is "an inevitability," he writes. And now that a few "suddenly panicky" senators... More »

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newspaper nonprofit bailout newspaper industry

Nonprofit Lobbyists Want Obama to Let Them In

White House ban bars experts, policy suffers

(Newser) - Nonprofit groups have launched a new campaign on behalf of their own lobbyists, the New York Times reports. Barack Obama’s current anti-lobbying rules don’t make any distinction between corporate influence peddlers and public interest advocates; all are barred from administration jobs. Case in point: Tom Malinowski, the... More »

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Barack Obama lobbyist nonprofit lobbying lobbyists Obama administration

Cuomo Charges Madoff Feeder With Fraud

Says 'investment guru' Merkin was really just 'master marketer'

(Newser) - New York AG Andrew Cuomo has charged J. Ezra Merkin, a prominent New York philanthropist who funneled $2.4 billion into Bernie Madoff’s Ponzi scheme, with fraud, the Wall Street Journal reports. The complaint doesn’t accuse Merkin of knowing about the scheme. But it alleges that he... More »

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fraud charity nonprofit Andrew Cuomo Ponzi scheme Bernard Madoff Ezra Merkin

Senate Bill Seeks to Rescue Newspapers

Proposal would let titles apply for nonprofit status, save on taxes

(Newser) - Legislation was introduced in the Senate yesterday that would allow newspapers to operate as nonprofits, providing major tax breaks for an industry in free fall, reports MarketWatch. Democratic Sen. Ben Cardin has proposed that newspapers could claim 501(c)(3) status in the same manner as public broadcasting, making advertising and subscription... More »

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newspaper Senate nonprofit newspaper industry Benjamin Cardin

 Mother Jones Provides 
 Model for Nonprofit News 

Floundering for-profits take note of magazine's success

(Newser) - Mother Jones has thrived for 33 years as a nonprofit publication, and its business model is becoming of increasing interest to struggling newspapers, the San Francisco Chronicle reports. Though the magazine was founded as a nonprofit because of Nixon-era fears of undue influence in journalism, Mother Jones hit its financial... More »

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newspaper magazine journalism nonprofit ad revenue Mother Jones

OPINION

Philanthropists Cry Foul Over Obama Budget

Higher taxes, cap on deductions may lead to $4B less in charity

(Newser) - Charity may be a virtue, but in America there's another motivation for philanthropy: generous tax deductions of as much as 35%. Barack Obama's proposed 2010 budget may change all that; not only will it raise taxes on the most wealthy to almost 40%, it will cap charitable deductions at a... More »

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philanthropy Barack Obama budget charity nonprofit tax code charitable giving

Cutbacks Hit Faith-Based Charities as Need Rises

Slashed state budgets leave programs with reduced funding

(Newser) - The recession has hit faith-based charities hard, threatening to cut off vital services for the sick, poor, and elderly, the Washington Post reports. With state and local budgets strapped for cash, contracts and grants for the groups—including the Salvation Army and Catholic Charities—have been slashed or delayed across... More »

Nonprofits Are Going Bust, Too

More charities and
arts groups are filing
for bankruptcy during the slowdown

(Newser) - It's not just homeowners and businesses seeking bankruptcy protection in the cooling economic climate: Nonprofit organizations are hurting, too, and some aren't going to survive. With dwindling donations, tight loans, and stagnant state funding, social service charities and arts groups are running up huge debts, reports the New York Times.... More »

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bankruptcy charity nonprofit Chapter 11 Chapter 7

OPINION

To Save Itself, Press Should Become a Religion

Papers would enjoy the benefits of tithing and tax-exemption: Bates

(Newser) - As profits continue to fall, some have suggested turning newspapers into non-profit, endowed institutions similar to colleges. A better way to go non-profit would be for the press to declare itself a religion, writes Stephen Bates for Slate. The tax benefits would be substantial, as would legal protections for reporters-turned-priests,... More »

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newspaper religion profits journalism college nonprofit newspaper industry Bill Maher Grid

Nonprofits Look to Change Rules on Endowments

Meltdown forces tough choice: present survival or future value?

(Newser) - Nonprofits reeling from the market meltdown's impact on their investments are pushing to be allowed to tap endowment funds, many of which are off-limits because they've lost value, reports the Wall Street Journal. At issue is the balance between surviving the current crisis and spending funds that can never... More »

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philanthropy higher education museum college university charity nonprofit Brandeis endowment financial crisis

UK Forking Over
$60M to Bail
Out Charities

Nonprofits fear reduced services for homeless, unemployed, families

(Newser) - The British government will bail out the nation's charities with a $60 million lifeline, as experts warned that one in three nonprofits may have to lay off staff, reports the Guardian. While the charities welcomed the bailout, it is far less than the $150 million they requested to maintain vital... More »

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United Kingdom homeless charity nonprofit Alistair Darling bailout

INVESTIGATION

Boy Scout Bosses Sell Wildlands to Developers

'Conservation-minded' group slammed for cashing in on green spaces

(Newser) - The Boy Scouts of America has made tens of millions of dollars over the past two decades by selling campgrounds and valuable wildlands across the country to developers, a Seattle Post-Intelligencer investigation reports. The organization—which boasts a "conservation-minded" Outdoor Code—has often exclusively sought deals with developers, sometimes... More »

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conservation nonprofit land conservation Boy Scouts of America

OPINION

 It's Time to Endow Newspapers 

Times begs for its life

(Newser) - Newspapers are dying, and there’s only one way to save them, write Yale's David Swensen and Michael Schmidt in today’s New York Times: Make them nonprofit, endowed institutions, like colleges. The Internet has made the for-profit model systematically unsustainable, and constant attempts to refinance and cut costs... More »

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newspaper New York Times nonprofit endowment newspaper industry

(Newser) - The economic crisis isn’t just hurting Wall Street executives—it also spells dark times for the charities they once supported, the Wall Street Journal reports. The number of US nonprofits climbed from about 750,000 a decade ago to more than a million today, but watchers say 100,... More »

1 - 20 of 38 Stories | 1 2 Next >>