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On The Policy Front
SCRUTINY OF VETERANS CHARITIES CONTINUES
At a three-hour hearing on January 17, House members of the Committee on Oversight and Government Reform questioned California entrepreneur Roger Chapin about his management of two charities. One charity, Help Hospitalized Veterans, spent hundreds of thousands of dollars in donations that were to help wounded soldiers on personal expenses for Chapin, executive director Mike Lynch and Richard A. Viguerie, to whom the charity has awarded millions of dollars in fundraising-consulting contracts, the hearing found. Several lawmakers signaled that they may introduce legislation aimed at helping donors better understand the finances of nonprofit groups.
Geoff Peters of CDR Fundraising Group testified at the hearing.
New IRS Form 990 for 2008 Taxable Year
The Internal Revenue Service has issued its updated IRS Form 990 for nonprofit organizations for taxable year 2008. The 2008 Form as well as other key information is available at www.IRS.gov/eo.
Changes include:
“professional fundraising expense” listed in the Part 1 summary section on the first page, as well as required Schedule G for certain levels of fundraising expense.
Summary page revision to eliminate ratios, percentages and other metrics that were offered in the draft, and also incorporated a two-year summary of financial information.
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Upcoming Conferences
Now Accepting Nominations for 2008 Nonprofit Organization of the Year
Nonprofit Federation Seeks Candidates for 2008-2009 Advisory Council
The Nonprofit Federation is currently seeking candidates to serve on its Advisory Council on an ongoing basis. Members will serve for a two year term, with up to four meetings per year, and a maximum of three two-year terms. The Advisory Council is the leadership council of the organization, serving to advocate and lead on key issues impacting the nonprofit fundraising sector and to provide the best member services to the nonprofit membership at large through its expert advice and counsel. This is an opportunity to help shape the future of fundraising and policy impacting fundraising for years to come.
To apply, please click here and complete the application. Please fax to the attention of Alicia Osgood at (202) 628-4383. For questions, please call Senny Boone at (202) 861-2498.
 NEW NONPROFIT RESEARCH REPORT!
Direct Marketing Facts & Figures in the Nonprofit Industry Is an extensive report focuses on four distinct areas of the nonprofit sector: Charities and Membership Organizations; Education Services; Museums, Botanical Gardens, and Zoos; and Religious Organizations. These four areas are further analyzed by following eight channels. MEMBER DISCOUNT PRICE $79.00 Order Now!
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