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In This Issue

Using the Internet Strategically

Congressional Hearings

IRS Plans for Exempt Organizations

Financial-Reporting Resources

From the President's Office

Question of the Month

Stat of the Month

 

 

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July Question of
the Month


Has your organization ever raised funds by selling commercial products, such as candy, candles, pizza, or wrapping paper?

Share your answer

 

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Using the Internet Strategically

Does your organization have an e-philanthropy Web site or a brochure-ware site? Find out the difference between the two—and how you can make your site more dynamic and engaging.

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Congress Looks at Charity Reform

On June 22, both the Senate Finance Committee and a subcommittee of the House Ways and Means Committee held hearings on tax-exempt issues. Learn more about what happened and about Congressional proposals for charity reform.

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Culling the Bad Apples: The IRS Acts

IRS commissioner Mark Everson kicked off the Senate Finance Committee hearing by outlining the steps the service is taking to curb abuses by tax-exempt organizations. Read more

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June Question of the Month Results:
Resources for Financial Reporting

Newsletter readers share which resources they use for financial record keeping, preparing Forms 990, and reporting on finances.

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From the President's Office

Dear Friend:

Increased scrutiny from Congress, as noted elsewhere in this newsletter, as well as more attention from the media remind us once again that the era of assumed virtue is over. Charitable organizations can no longer take the public's good will for granted. We have to earn it. GuideStar's experience shows that the nation's nonprofits are embracing this challenge.

Since 1996, fully three years before we began posting IRS Forms 990 on our Web site, GuideStar has provided a no-cost, on-line way for nonprofits to provide data about their programs, missions, accomplishments, and leaders. Organizations of all sizes can communicate with the thousands of donors and funders who use GuideStar daily and provide valuable information that gives a better picture of their organizations beyond the Form 990. ...

Read more

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Stat of the Month

Total charitable giving in the United States in 2003:

$241 Billion

(Source: Giving
USA 2004)

Volume 4, Issue 7, July 2004

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