The Nonprofit Risk Management Center is putting on the first webinar that I know of that will be going over the new 990. It is on February 6th at 11:00 am. I'm definitely going to be on it.
I encourage you to check out there other webinar offerings this year as well as all the other stuff they have going on.
So did anybody out there buy products and gift for folks because a portion of the proceeds went to charity? Did any of you have one these programs for your organization? So how would you book those?
I think as the popularity of these kind of programs continues to grow there will be more and more questions raised. I'm for encouraging donations but there needs to be some serious accountability in these programs to make sure the $$ gets to the charities. And will programs like these hurt direct contributions to charities in the long run?
CAN and I will continue to bring you financial and accounting related tidbits in 2008 but I am still catching up after a long Holiday break. There will be a lot to talk about this year what with:
The Chronicle of Philanthropy ran this story on November 12, 2007, regarding a speech by Steven T. Miller, the commissioner of the agency’s tax-exempt and government-entities division.
“Efficiency and effectiveness have obvious implications when you consider the level of subsidy being provided here,” Mr. Miller said. “Should the public be able to rely on the Internal Revenue Service and the states to be sure when they make a contribution to an organization that the contribution is put to good use and not squandered?”Is this the right path for the IRS to be on? Read the article and post your comments below since they are closed at the Chronicle's website.
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