facebook twitter blog youtube

Sign up for Nonprofit News

Media Resources > Newsletters > Nonprofit news

Nonprofit News 


More than 10,000 nonprofits lose their exempt status

8/4/2011

In June, the IRS announced they revoked the tax exemptions for 275,000 nonprofits or about 18 percent of the country’s tax exempt organizations. Ohio had 10,646 nonprofit  licenses revoked. Of those, 6,381 were 501(c)(3)s.

Seeking justice for the charitable fraud of U.S. veterans

8/4/2011

In May, the Ohio Attorney General's Office’s Charitable Law section won a default judgment for $3.7 million, plus attorney fees from the U.S. Navy Veterans Association. Assistant Attorney General Dionne DeNunzio proved the organization had falsely claimed to raise money for U.S. veterans’ causes; in reality, very little money ever went to help veterans. The U.S. Navy Veterans Association is believed to have collected more than $100 million nationwide since its formation in 2001. Several state attorneys general conducted investigations, but Ohio took the lead in prosecution.

The Outlook for Charities is Improving

8/4/2011

Many charities saw an average increase in donations of 2.1 percent in 2010 when adjusted for inflation, according to Giving USA report, which was released by the Giving USA Foundation in June 2011.  The increase marks the end of our nation’s first ever back-to-back years for decreases in charitable giving (2008 and 2009) since tracking began in 1954.
Displaying results 31-33 (of 33)
 |<  <  1 - 2 - 3 - 4 - 5 - 6 - 7 >  >|