~ December 2006 ~ Topics
"Good" Promotes Altruism
"Good" is a new magazine with a dual purpose: examine the people, ideas and institutions that seek to improve society and donate the full cost of a subscription to charity. Donors can designate from 12 charities to benefit from their donation. Organizations include Teach for America, and the World Wildlife Fund, to name two.
The magazine demonstration issue featured articles on a San Francisco tutoring center, a foundation to promote innovation in science, and an urban nonprofit that promotes environmentalism in a poor and polluted urban neighborhood. Full-scale publication starts in early 2007.
For more information on this magazine visit the Web site http://goodmagazine.com.
Delays in IRS Approval
If you are starting a new nonprofit organization there could be delays in approval. In September 2006, the Internal Revenue Service of the US government announced a backlog going back as far as December of 2005. Applications that are complete and not complex could sail through as quickly as 60 days. A full explanation of the situation can be found at http://www.irs.gov/charities/article/0,,id=156733,00.html.
Donations for Protestant Churches Continue Decline
A report by Empty Tomb, a religious research and social service organization in Illinois, recently released a report from congregations representing 29 million protestant churches. The report outlines the continuing decline, since 2003 in giving to churches for their social service activities.
The report also shows a decline in the percentage donated for church operations from 2.5% in 1968 to 2.2% in 2004.
Giving as a dollar amount has risen to its highest levels in 2004, but donations as a percent of income were at its lowest levels. Incomes have risen faster than the amount the congregations give to the church.
The report is available for $28 plus shipping at http://www.emptytomb.org or by calling 217-356-9519.
Database on Federal Grants
There is a new database which contains information on Federal grants and contracts. FedSpending is the brainchild of OMB Watch, a government watchdog group. The new site uses the government's own information to provide data on how the government is spending tax dollars. Government information is often flawed and incomplete. The organization hopes that the new Web site will spur the government to provide more complete information to the public. To see the results visit http://fedspending.org.
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