Category: Giving & Politics

Obamacare-created nonprofits may not repay fed loans

21 out of 23 nonprofits created under Obamacare were losing money as of December; those 21 may not be able to repay their portion of $2.4B in federal loans.… MORE >>

Louisiana AG race to be influenced by nonprofit

Large donations to Louisiana AG election have been given through a 501(c)(4) that has been created; it has already raised $196K. “With the super PAC practice now nearly fully entrenched in big time Louisiana politics, the next trend to watch for involves associated 501(c)(4) tax-exempt organizations.… MORE >>

US congressman indicted for theft of charitable funds

Congressman Chaka Fattah, D-PA, has been indicted by the department of justice; among the charges is theft of charitable funds. “U.S. Rep. Chaka Fattah Sr., the Democrat who represents a district that includes parts of Philadelphia, was indicted on Wednesday over allegations of political corruption. … MORE >>

IRS will never learn

Judicial Watch got hold of emails showing IRS under Obama targeted certain nonprofits— such as pro-business, Republican favorite Chamber of Commerce. “Bombshell new emails reveal that the Obama administration’s Internal Revenue Service (IRS) used donor lists of nonprofit groups to target donors, and specifically vowed to target the pro-business U.S.… MORE >>

Higher ground

After decades of controversy, CA’s Mount Soledad veterans’ memorial cross now sits on land belonging to a nonprofit instead of Dept of Defense. “The decades-long battle over the Mount Soledad cross is taking a new turn.… MORE >>

Hand in hand

“Justice and redemption go hand in hand”: Marshall Project editor sums up President Obama’s NAACP speech from last week, where he called for criminal justice reform.… MORE >>

Nonprofit fund raises $1.5m for De Blasio

Large donations to campaigns are prohibited, but when there is a nonprofit fund to support it, the donations can be much larger; for example, De Blasio’s fund recently raised $1.5m.… MORE >>

Breast Cancer Research Fdn sole beneficiary

House passed bill creating breast-cancer commemorative coin; Heritage Action helped block Susan G Komen from receiving any revenue it generates. “The House revived legislation Wednesday to help increase funding for breast cancer research, one day after GOP leaders pulled it from consideration due to a fight over abortion.… MORE >>

Wounded Wheels indeed

VA senator Mark Warner calls for IRS investigation into nonprofit Wounded Wheels, which purports to obtain cars for veterans but hasn’t done so in four years of operation.… MORE >>

Altruism v. compensation

Altruism v. compensation: There’s currently a battle waging between for-profit and nonprofit worlds for control over regulating the “breast-milk industry” in US. “Going for as much as $4 per ounce, breast milk is a hot commodity that is emerging as a surprisingly cutthroat industry, one that states are seeking to regulate amid a battle for control between nonprofit and for-profit banks that supply hospital neonatal units….… MORE >>

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