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Big Banks Trying to Kill Off Credit Unions

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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.

The Student Loan Shuffle

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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.

Joseph Kony and the 'Visible Children'

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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 problemsUgandan guerrilla leader Joseph Kony has forced more than 60,000 children to kill for him.

IRS to Tax the Purchase of Political Power Through Nonprofits

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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.

Free Tuition for Harvard Law Suspended

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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.

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