HARTFORD, CT -- The Connecticut Council for Philanthropy's public policy update in the September 10, 2014 Member eBrief includes information about Government-Nonprofit Contracting Reform and the America Gives More Act.
HARTFORD, CT -- A Member Public Policy Action Alert - September 8, 2014 about the America Gives More Act.
HARTFORD, CT -- A Member Public Policy Action Alert - August 26, 2014 about the America Gives More Act.
WASHINGTON, DC -- Against the wishes of several nonprofit associations and charity regulators, the Internal Revenue Service has introduced a short form for small organizations to file for tax-exempt status. Instead of having to file a 26-page application form, would-be nonprofits with gross revenue of $50,000 or less and assets of $250,000 or less are now eligible to file a three-page application. Some nonprofits, such as hospitals, colleges, and universities, would not be eligible to use the new form, called the 1023-EZ. About 70 percent of new applicants, the IRS predicts, will be eligible for the short form.
HARTFORD, CT -- Governor Dannel P. Malloy, Attorney General George Jepsen and state Department of Consumer Protection Commissioner William M. Rubenstein released the Sandy Hook Report on the overwhelming charitable response to the December 14, 2012 shooting at Sandy Hook Elementary School in Newtown, CT. The report evaluates information provided voluntarily by organizations engaged in fundraising related to the tragedy, provides a quantitative analysis of survey responses and identifies ways that state regulators and the nonprofit community can partner and collaborate to provide transparency, bolster donor confidence, consolidate resources and increase coordination.
WASHINGTON, DC — The Internal Revenue Service today introduced a new, shorter application form to help small charities apply for 501(c)(3) tax-exempt status more easily.