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Feb 8, 2016

Top 400 Taxpayers See Tax Rates Rise, But There’s More to the Story

As Americans were gathering party supplies to greet the New Year, the Internal Revenue Service released their annual report of cumulative tax data reported on the 400 tax r...

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Feb 4, 2016

Chlorine Bleach Plants Needlessly Endanger 63 Million Americans

Chlorine bleach plants across the U.S. put millions of Americans in danger of a chlorine gas release, a substance so toxic it has been used as a chemical weapon. Greenpeace’s new repo...

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Jan 25, 2016

U.S. Industrial Facilities Reported Fewer Toxic Releases in 2014

The Toxics Release Inventory (TRI) data for 2014 is now available. The good news: total toxic releases by reporting facilities decreased by nearly six percent from 2013 levels. Howe...

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Jan 22, 2016

Methane Causes Climate Change. Here's How the President Plans to Cut Emissions by 40-45 Percent.

  UPDATE (Jan. 22, 2016): Today, the Bureau of Land Management (BLM) released its proposed rule to reduce methane emissions...

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New Corporate Tax Bill Limits Charitable Deductions

While conferees rejected last minute efforts to attach provisions of both the CARE Act and the Houses of Worship bill to the corporate tax bill, the legislation sent to the president does contain three provisions of particular interest to the nonprofit sector. The final bill:
  • Limits charitable deductions for vehicle donations to the sale price obtained by the charity
  • Limits the value that taxpayers can claim on the donation of a patent or intellectual property to a charity
  • Requires increased reporting for non-cash charitable contributions such as property.

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Independent Sector Names Accountability Panel

Congress recessed without taking action on Senate Finance Committee staff proposals outlined in a July discussion draft. However, the Finance Committee is pursuing the nonprofit accountability issues. It has asked Independent Sector (IS) to form a panel to recommend measures that would increase accountability and good governance in the sector. Independent Sector recently announced its panel, comprised of 25 nonprofit and philanthropic leaders from both public charities and private foundations.

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FEC To File Response to BCRA Court Ruling

The Federal Election Commission (FEC) has told an appeals court it will file a statement noting which rules it will defend from a lower court ruling overturning regulations implementing the Bipartisan Campaign Reform Act of 2002 (BCRA) by Nov. 8. Rules that are not appealed will have to be reconsidered by the agency. In a recent meeting FEC Vice-Chair Ellen Weintraub indicated that its exemption for Internet communications may need to be reconsidered.

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Update on Church Electioneering

The corporate tax bill has been sent out of conference without provisions from the "Free Speech Restoration Act," which would have allowed churches to endorse candidates and fund partisan electioneering activities. However, that has not stopped a rash of churches from directly or indirectly endorsing candidates this election season.

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FEC Appeals Decision Overturning Reform Rules

The Federal Election Commission moved Oct. 1 in the U.S. District Court for a stay of the court's ruling holding unlawful various FEC implementing regulations for the Bipartisan Campaign Reform Act of 2002 (BCRA). The FEC's motion is the latest development in the ongoing legal battle over campaign finance reform, aspects of which could have profound implications for nonprofits.

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Senate Finance Committee Considers Nonprofit Accountability

The Senate Finance Committee has sent a letter to Independent Sector (IS), a coalition of 600 member organizations and foundations, asking IS to convene a national panel of nonprofit representatives to recommend legislative options to increase nonprofit accountability. The Sept. 22 letter follows Finance Committee hearings on nonprofit practices held in July that examined allegations of excessive compensation, tax shelters, and Internal Revenue Service (IRS) noncompliance.

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Conferees Consider Rights, Restrictions on Electioneering

Opponents of church electioneering are breathing a tentative sigh of relief. On Sept. 29, Rep. Bill Thomas told the first meeting of conferees that he would not consider amendments to a discussion draft of his proposed version of the corporate tax bill. The chair of the conference committee on is opposing any amendments to that bill that were not provisions or modifications to the previous already-passed Senate or House versions. However, there is still concern that the conferees could include language similar to H.R.

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Nonprofits Need to Increase Their Roles This Election Season

Low turnout among young voters is often ascribed to apathy, but part of the problem is the barriers young people face when casting ballots or trying to work at the polls. A Caltech/MIT study concluded that 4 million to 6 million votes were lost nationwide in the 2000 election. Half of these were traced to registration problems. Nonprofits can help remove these barriers.

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Bill to Regulate Independent Political Committees Introduced in Congress

The "527 Reform Act of 2004", introduced on September 22, would limit soft money for independent political groups, but does not clearly exempt advocacy groups exempt under Section 501(c) of the tax code.

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Bush Expands Faith-Based Initiative to Vouchers, State Control

In an effort to further weaken the wall separating church and state, President Bush is seeking to expand his faith-based initiative to the state and local levels. He is pushing state and local governments to adopt rules and policies similar to federal regulations that favor faith-based groups in government-funded programs.

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Resources & Research

Living in the Shadow of Danger: Poverty, Race, and Unequal Chemical Facility Hazards

People of color and people living in poverty, especially poor children of color, are significantly more likely...

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A Tale of Two Retirements: One for CEOs and One for the Rest of Us

The 100 largest CEO retirement funds are worth a combined $4.9 billion, equal to the entire retirement account savings of 41 percent of American fam...

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