Posts tagged Nonprofits
Nonprofits Becoming For-Profits: Where Are The Lines Of Legality?

After OpenAI CEO Sam Altman turned his nonprofit research laboratory into a for-profit, one of the organization’s biggest donors asked a compelling question. Elon Musk, America’s favorite billionaire, wrote, “If this is legal, why doesn’t everyone do it?”

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Closure Of Amazon Smile Program Impacting Christian Ministries

Nearly a decade ago, Amazon created its Smile program as a way for its customers to support their favorite charities. Now it has decided to shutter the program. According to an email, Amazon claimed its philanthropic efforts were “spread too thin” to have a meaningful impact.

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Does ‘He Gets Us’ Get It? And Reflecting On YouVersion’s Record Day

(ANALYSIS) Now, missiologists — the people who study missionary efforts and their effectiveness — are weighing in on the He Gets Us campaign, and they’re finding flaws, or at least gaps, in the Jesus the campaign is pushing.

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A Third Of Wealthy Donors Give Because Of Faith And Family Traditions, Study Finds

According to the 2022 Bank of America Private Bank Study of Wealthy Americans, most well-to-do people of all ages feel compelled to give to philanthropic causes. However, although 82% of parents believe their children share the same vision and goals when it comes to giving, members of younger generations feel the need to pave their own way in the world of philanthropy.

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Senate Hearing Examines Political Role Of Tax-Exempt Organizations

Politicians from both parties benefit from the abuse of the tax code, but they differ over who’s responsible, claiming that those on the other side are guilty of the greatest abuse. But they agree on one thing: Abuse has skyrocketed since 2010 and the Supreme Court’s controversial Citizens United decision.

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IRS Backlog Affects Ministries And Churches, Leaving Donors Uninformed

Almost 11 weeks into tax season, the U.S. Internal Revenue Service continues to experience delays in processing last year’s tax returns. Millions of tax returns and filings are still backlogged, including those in the Form 990 series, an annual reporting obligation by tax-exempt entities like ministries and churches.

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In Post-Pandemic America, Will Sagging Church Health Damage Public Health?

(OPINION) America's religious congregations have, over all, suffered steady erosion in attendance, membership and vitality since around 2000. Analysts fret that worse may occur after the current COVID-19 emergency finally subsides because myriads of members are now accustomed to worshiping online rather than in person.

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