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  • Nonprofits Could Lose Their Tax-Exempt Status


    Several hundred Kerr County nonprofit organizations could be in danger of losing their tax-exempt status this year because of a 2006 federal act that requires most to file at least every three years with the IRS. Misty D'Amico, a CPA with the acco...

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  • Maine Bank Seeks Votes for $100,000 Giving Pledge


    By DENNIS HOEY A Maine bank is asking its customers to vote on how it should distribute $100,000. The Bangor Savings Bank Foundation has pledged to give away the money to 68 nonprofit organizations in Maine, with voters' top eight choices receivin...

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  • IRS Reminds Nonprofits to File Form 990 On Time


    WASHINGTON-The Internal Revenue Service today reminded tax-exempt organizations to make sure they file their annual information form on time. In 2010 the tax-exempt status of any non-profit that has not filed the required form in the last three ye...

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  • U.S. Charity for Haiti Outpaces Giving after Tsunami


    WASHINGTON -- Donations to U.S. charities for Haiti earthquake relief are outpacing donations from the days after the Asian tsunami in 2004 but haven't kept up with the outpouring of gifts following Hurricane Katrina. A tally by the Chronicle of P...

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  • White House Announces Open Submissions for Presidential Medal


    The White House announced today that the 2010 Presidential Citizens Medal will be open for public nominations. The 40 year old award recognizes Americans who have "performed exemplary deeds of service for their country or their fellow citizens." P...

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