C. Douglas Plank wrote an article yesterday called The Democratization of Giving. He gives a great overview of new channels of philanthropy for nonprofits. Plus, he gives an awesome shout-out to Big Brothers Big Sisters: Mobile is clearly becoming a preferred way for consumers to make microdonations, to express an opinion and to volunteer time or an opinion. Just [...]
You are the Chief Executive Officer of a company with total annual revenues of roughly $107 million. Combined with your franchisees, whose success you’re also responsible for, your annual revenues reach $1.4 Billion. Your annual salary in 2008 was $593,926 in compensation, excluding retirement or deferred compensation. Your salary is less than half a percent [...]
It is hard to believe, but kids go back to school very soon. In addition to increased rush-hour traffic, retail stores in Texas and 17 other states will be having their annual tax-free shopping holiday. According to the Tax Foundation’s News Release about their Special Report “Sales tax holidays are gimmicks designed to win political points [...]
The IRS announced yesterday that small nonprofit organizations that have not filed their 990 tax form for three consecutive years will be granted one-time relief. They may keep their coveted tax-exempt status, provided they file now. “We are doing everything we can to help organizations comply with the law and keep their valuable tax exemption,” [...]
For weeks, I have been seeing pop up in my social network communities requests to vote for a particular charity for a donation. You know the ones, Pepsi Refresh, American Express, Chase, etc. Honestly, I really did not give it much thought, and it never crossed my mind that this might be an unsavory marketing [...]
