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December 20, 2014
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Tag: Nonprofit


wiredforlego (CC BY-SA 2.0)

Big Banks Trying to Kill Off Credit Unions

In an effort to gain even more control of Americans’ banking assets, the banking industry is trying to stamp out member-owned credit unions—which began amid the banking failures of the Great Depression—by stripping them of their nonprofit status.

Posted on Sep 19, 2013 READ MORE



Sergio Vassio (CC BY 2.0)

Meet the Secret $256 Million Bank for Right Wing Causes

A new IRS filing reveals that a shadowy Koch brothers-led nonprofit, Freedom Partners, spent nearly a quarter-billion dollars trying to influence 2012 elections and policy discussions. Most of the donors remain secret. Can you say, “oligarchy”?

Posted on Sep 13, 2013 READ MORE



Matt McGee (CC BY-ND 2.0)

Dirty Secret of Some Pro Sports Leagues: They’re Nonprofits

There’s a ripple of movement in Congress to strip nonprofit status from pro sports businesses such as the NFL and PGA, raising fresh questions about why taxpayers should support billion-dollar entertainment industries.

Posted on Sep 12, 2013 READ MORE



DonkeyHotey (CC-BY-2.0)

The Student Loan Shuffle

Since last fall, one million borrowers have had their federal student loans randomly assigned to new loan-servicing companies, all nonprofits or subsidiaries of nonprofit organizations, thanks to a little-known provision in the 2010 healthcare overhaul.

Posted on Apr 24, 2012 READ MORE


Joseph Kony and the ‘Visible Children’

Updated Ugandan guerrilla leader Joseph Kony has forced more than 60,000 kidnapped children to kill for him. Nonprofit crusaders Invisible Children say they’ll stop him, but the group has its own problems.

Posted on Mar 7, 2012 READ MORE



Flickr / losinghand Some rights reserved

IRS to Tax the Purchase of Political Power Through Nonprofits

Clandestine political financiers such as David H. Koch, who along with his brother Charles has bankrolled the tea party movement, may soon be hit with “gift taxes” for each donation to nonprofit political advocacy groups. The Internal Revenue Service has been able to tax such contributions since 1982, but it has rarely happened, The New York Times reports.

Posted on May 12, 2011 READ MORE



flickr.com / Bob Hannaford

Free Tuition for Harvard Law Suspended

Two years after Harvard Law School announced it would waive a year of tuition for students who pledged to work five years in the nonprofit sector or in government, the school has suspended the program, citing both the recession and a flood of students seeking to get in on the deal.

Posted on Dec 5, 2009 READ MORE


I.F. Stone
kean.edu

Keep the Government Out of the News Business

I’ve been thinking of I.F. Stone while reading the growing stack of reports and essays giving recommendations on how to save the declining news business. The outrageous solution increasingly favored by the journalism establishment is one that Stone would have hated—turning to Washington for help.

Posted on Nov 5, 2009 READ MORE


Oral Roberts University entrance
answers.com

Oral Roberts U. Leader Takes Leave in Scandal

Responding to accusations about extracurricular use of university funds, among other charges, Oral Roberts University President Richard Roberts, the 58-year-old son of school founder and namesake Oral Roberts, has stepped down from his post for the moment. 

Posted on Oct 17, 2007 READ MORE


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