Obama Stands for Socialism Oct 17, 2008
The working wealthy, especially Christians and conservatives, are some of the most generous people in the world, but we're talking about voluntary charitable contributions, not unconstitutionally coerced redistributions. How many times must history repeat itself before we learn that socialism and communism cannot work. (Newsmax)
Markets pinch Hawaii nonprofits Oct 13, 2008
Hawai'i's economic malaise, combined with the market plunge, may chill charitable contributions. Nationally, the Chronicle of Philanthropy reported earlier this month that financial anxiety is making some individual donors wary and that some foundations are responding to investment losses by cutting back on grants. (Honolulu Advertiser)
Lawmakers offer alternative to Measure 1 Oct 11, 2008
Squidward wrote on Oct 11, 2008 8:57 AM:" I believe our Legislative Assembly is already rather stingy. I'd say even 2/3 our Democratic legislators qualify as frugal. These measures will reduce government services. We haven't maintained our informal religious, family and community infrastructure to help people in need. Please think of what you would plan to do to fulfill the gaps in services if these measures pass. Please vote yes only if you can commit to redouble your religious or charitable... (Bismarck Tribune, ND)
Letters to the Editor Oct 10, 2008
I joined Rotary, after many years of thoughtful consideration, specifically for two hugely influential reasons: a) the tremendous charitable contributions it makes, both locally and globally and b) due to the fact that Rotary is committed to maintaining a non-political posture in its efforts. Granted, the Rosemont Mine is not a political arena and its opponents, including myself, are independent bi-partisans, so it may not be considered "political." However, the commitment to being... (Nogales International, AZ)
Sarah Palin's Tax Return Oct 7, 2008
Although Gov. Palin's salary raised the couple's adjusted gross income last year to $166,000a big jump from the $128,000 the two declared in the previous tax yearthe Palins' charitable contributions dropped from $4,880 to $3,325. The 2007 return (excerpted below and on the following six pages) shows that $825, or nearly one-quarter of the Alaskan first couple's largesse, consisted of second-hand items donated on New Year's Eve to the Wasilla (Page 5). (Slate)
It's time for a 'blunt budget ax' Oct 5, 2008
We voted to make charitable contributions tax-deductible. Lawmakers repealed the deduction. (Boston Globe)
Palin tax returns for '06 and '07 released Oct 4, 2008
The Palins made noncash charitable contributions, claiming "thrift store value" of $825 for a Dec. 31, 2007, donation to the Salvation Army of Wasilla ... More recently, the IRS has tightened documentation rules for all charitable contributions. (AZCentral -- News)
Prepare To Lose Your Job Oct 3, 2008
--Eliminate all unnecessary payroll deductions, such as savings bonds or charitable contributions. Use this cash to bolster your savings. (CBS News -- Early Show)
January 2005 Oct 3, 2008
Statement on H.R. 241, Accelerating Income Tax Benefits for Charitable Contributions for Tsunami Victims. Presidential Proclamation: To Extend Nondiscriminatory Trade Treatment to the Products of Armenia. (White House News Releases)
Judge bars 2 S.D. firms from preparing tax returns Oct 3, 2008
Kyle prepared a tax return for an undercover IRS agent last year in which he made up employee business expenses and charitable contributions, according to the order. The judge said the IRS estimated the defendants caused $18 million in revenue losses to the federal government. (San Diego Union-Tribune)
Drug Maker to Report Fees to Doctors Sep 25, 2008
Lilly was the first drug maker to publish extensive clinical trial data online, beginning in 2004, and last year it began posting its educational grants and charitable contributions online. Its new database will record all payments it makes to doctors on or after next Jan. 1, and will be accessible online in June or July. (Atlanta Journal-Constitution -- Health)
Biden's Financial History Disqualifies Him For High Office Sep 24, 2008
In other words, the Bidens' charitable contributions always remained well below three-tenths of one percent of their adjusted gross income or one-thirtieth of the familiar standard of tithing upheld by many people of faith. Arthur Brooks of Syracuse University, author of Who Really Cares. (Townhall.com)
P&G to IRS: Return our money Sep 19, 2008
In a lawsuit filed this month in the in Cincinnati, alleged that the IRS had, among other errors, incorrectly appraised the value of numerous charitable contributions of technology to various institutions and of several art works it gave to the and the. The complaint details 28 contributions of technology from 2001 through 2004 that P&G valued at a total of $908 million. (Cincinnati Business Courier, OH)
September 12 Sep 13, 2008
FRB: Finance and Economics Discussion Series List 2008. Finance and Economics Discussion Series. (Federal Reserve Board of the United States)
Time to take a buyout offer? Sep 13, 2008
You can minimize the tax hit of being put in a higher income bracket by making more charitable contributions, prepaying your taxes for next year or using other strategies proposed by a tax adviser. Managing your career. (Atlanta Journal-Constitution)
Biden gave average of $369 a year to charity Sep 13, 2008
Other vice presidents have been criticized over their charitable contributions ... His campaign didn't release information about his wife's charitable contributions, however ... In 2006, her total itemized tax deductions, a category which includes charitable contributions and other deductible items such as mortgage interest, was $569,737, or 9. (USA Today)
24 comments Sep 12, 2008
Then the Obamas' charitable contributions went up to 5 percent. Let's turn to Iraq. (Human Events Online)
U.S. charities feel chill from weak economy Sep 11, 2008
Dwindling charitable contributions tied to a broad U.S. economic slowdown mean fewer resources and hard choices for charities across the country. People are holding tight to their money, said Newhouse President Leslie Caplan, who estimated charitable contributions were down $200,000 this year compared to last year. (San Diego Union-Tribune -- Business)
LETTERS: NCT, Sept. 7, 2008 Sep 8, 2008
" - Palin Huffingtonpost"Sarah and her husband, Todd Palin, issued a statement saying they are "proud of Bristol's decision to have her baby and even prouder to become grandparents."" - CNN"We're proud of Bristol's decision to have her baby and even prouder to become grandparents" . - CBNGIVEN that Palin has advocates "abstinence only" sex education (as "birth control"),and that abortion should be illegal, not allowed even in the case of RAPE or INCEST, FOR ANYONE,admitting that her daughter... (North County Times)
State of the Union: Stanford Sep 2, 2008
Religious and other objectors can opt-out of union membership (in favour of charitable contributions). Dissatisfied union members are free to decertify (again, after a vote). (Financial Post)
Jury finds woman guilty of tax scam Sep 1, 2008
Tinder claimed college education credits for children who were as young as pre-school and had her clients classify support sent to family members overseas as charitable contributions, authorities said. In order to be claimed as a dependent, a person must be a U.S. citizen, a resident alien or a resident of Canada or Mexico, under federal law. (Waterloo-Cedar Falls Courier)
Raids a poor substitute for immigration policy Aug 29, 2008
If liberals are so damn compassionate - why do liberals always trail conservatives in per capita charitable contributions. The reason, of course, is that liberals are only generous with other people's money. (Rockingham Daily Journal, NC)
EA Tees Off With Tiger Woods PGA Tour 09 as It Hits Retail Stores Today Aug 27, 2008
In fact, the three Tours have surpassed the $1 billion mark in overall charitable contributions. The PGA TOUR's web site address is and the company is headquartered in Ponte Vedra Beach, FL.. (Yahoo! Wire -- Entertainment News)
Plant society halts its payments Aug 23, 2008
In a letter dated July 25, Betsy Ridge Madsen, president of the board of trustees, asked creditors to consider forgiving the group's debts and writing them off as charitable contributions. The letter emphasizes that the society has not filed for bankruptcy but rather is following the "well-respected protocol established by the US bankruptcy courts" for handling outstanding debts. (Boston Globe)
The horses are now in the starting gate, and .... Aug 22, 2008
But for most of that time he has reported comparatively little by national standards in charitable contributions on his tax returns, records released by Obama show. It s bad. (Atlanta Journal-Constitution -- Opinion)
Expenses cost Vick $12,000 each month Aug 21, 2008
Charitable contributions: $800. Auto insurance: $550. (Atlanta Journal-Constitution)
Saudi Arabia, Princes Immune From 9/11 Suit, 2nd Circuit Rules Aug 15, 2008
The circuit also rejected the claim that the charitable contributions were a form of money laundering and that money laundering should fit into the commercial exception. "It does not matter that the defendants made (and oversaw) donations to charities with a specific intent as to where these donations would end up," he said. (Law.com)
Cosgray is sworn into the Georgia Bar Association Aug 9, 2008
"Either real estate or charitable contributions," Cosgray said. "I'm anxious to explore a few options after we relocate to Atlanta.". (Dublin Courier Herald, GA)
Association of Tennis Professionals Aug 7, 2008
7 million in charitable contributions since they began in 1974. Reader Comments. (Cincinnati Business Courier, OH)
Edwardsville hopes casino competition goes Golden ... 3 male suspects sought in weekend shooting ... Pros, cons in UG’s budget ... ';var marqueewidth="350px";var marqueeheight="25px";var marqueebgcolor="#FFFFFF";////NO NEED TO EDIT BELOW THIS LINE////////////var pauseit=1;var marqueespeed=1 //slow speed down by 1 for NSvar copyspeed=marqueespeedvar pausespeed=(pauseit==0)? copyspeed: 0var iedom=document.all||document.getElementByIdif (iedom)document.write(''+marqueecontent+'')var actualwidth=''var cross_marquee, ns_marqueefunction populate(){if (iedom){cross_marquee=document.getElementById? document.getElementById("iemarquee") : document.all.iemarqueecross_marquee.style.left=parseInt(marqueewidth)+8+"px"cross_marquee.innerHTML=marqueecontentactualwidth=document.all? temp.offsetWidth : document.getElementById("temp").offsetWidth}else if (document.layers){ns_marquee=document.ns_marquee.document.ns_marquee2ns_marquee.left=parseInt(marqueewidth)+8ns_marquee.document.write(marqueecontent)ns_marquee.document.close()actualwidth=ns_marquee.document.width}lefttime=setInterval("scrollmarquee()",20)}window.onload=populate;function scrollmarquee(){if (iedom){if (parseInt(cross_marquee.style.left)>(actualwidth*(-1)+8))cross_marquee.style.left=parseInt(cross_marquee.style.left)-copyspeed+"px"elsecross_marquee.style.left=parseInt(marqueewidth)+8+"px"}else if (document.layers){if (ns_marquee.left>(actualwidth*(-1)+8))ns_marquee.left-=copyspeedelsens_marquee.left=parseInt(marqueewidth)+8}}if (iedom||document.layers){with (document){document.write('')if (iedom){write('')write('')write('')write('')}else if (document.layers){write('')write('')write('')}document.write('')}}Wednesday, August 06, 2008 The latest artist's rendering from Golden Gaming shows the Edwardsville facility lit up by fireworks. The casino would feature a 300-room hotel, a huge second phase and an 18-hole, Tom Watson-designed golf course. Edwardsville hopes casino competition goes Golden Aug 6, 2008
During its evaluation of casino proposals last winter, the Unified Government s Board of Commissioners made a strong attempt to lobby KCK s three proposals to offer a base level of charitable contributions or increase their level of giving to area non-profits. And though Edwardsville s City Council didn t spend as much time on that component of its proposals, Atamian and Pankas say they are just as much committed to helping the community as any of the three KCK proposals. (Kansas City Kansan, KS)
The Tax Perks of Charitable Giving Aug 6, 2008
First off, you won't gain any tax savings from charitable contributions unless you itemize deductions ... So unless your total itemized deductions for this year, including any charitable contributions, will exceed the magic threshold, you won't get any tax benefits for your generosity ... Noncash Contributions over $500 and $5,000 If you contribute noncash stuff worth over $500 to one or more charities during the year, you must file Form 8283 (Noncash Charitable Contributions) with your 1040. (SmartMoney)
Rock Star Sir Ivan Opens for Destiny's Child Michelle Williams Aug 4, 2008
One hundred percent of all charitable contributions will be donated to organizations that adhere to the mission statement. ADVERTISEMENT. (Yahoo! Wire -- Entertainment News)
CCH Says Some Taxpayers Will Benefit, Some Will Pay for Housing Bailout Bill Jul 26, 2008
"With high interest payments, people are able to deduct additional items such as state and local taxes and charitable contributions." People who own their homes outright, or whose mortgage payments are low or consist mainly of principal rather than interest, may not qualify for itemizing. "This provision allows them a deduction to defray some of the costs of home ownership, but just for one year," Luscombe said. (PR Newswire)
City Holding Company Announces Record Quarterly Diluted Earnings Per Share Jul 24, 2008
Other expenses also include increased charitable contributions of approximately $0 ... As noted with our March 31, 2008 results, the Company has increased its charitable contributions in 2008 in recognition of the Company's strong financial performance between 2002 and 2007. (PR Newswire)
CreateHope Inc. buys United Way unit Jul 17, 2008
5 billion in charitable contributions. In some cases our groups competed and some places we have complimentary products and services. (Washington Business Journal, DC)
Sentinel Morning Update: School officials withdraw cell phone ban plan Jul 15, 2008
In addition, the Pennsylvania Neighborhood Assistance Program will provide tax credits to businesses in exchange for charitable contributions. The total cost of the renovations to the existing home is expected to cost $145,500. (Carlisle Sentinel, PA)
WILLIAM ROBERTSON: Charity's new bottom line: trust Jul 15, 2008
While Martin and her colleagues should be mindful of the economy, the Giving USA Foundation and other organizations concerned about the health of the nonprofit world need to focus on another issue that could have far-greater long-term impact on charitable contributions: trust. Several prominent nonprofit organizations in recent years have acted in ways that undermine public confidence. (Fresno Bee -- Opinion)
Enhancing the safari atmosphere of WAP tour Jul 15, 2008
According to its 2007 financial statement, the zoological society had $202 million in annual revenue, of which $35 million was from charitable contributions. The total includes $12. (San Diego Union-Tribune)
McKinney chamber board to mull PAC refunds Jul 14, 2008
The sentence reads: Contributions or gifts to the McKinney Chamber of Commerce Political Action Committee (CIVBIC) ARE NOT deductible as charitable contributions for federal income tax purposes. The CIVBIC board has also recommended that the chamber membership renewal invoice include the initials PAC next to the acronym CIVBIC the first time it is referenced in the document, near the total amount due, Ricketts said. (McKinney Courier-Gazette, TX)
Fannie, Freddie critics say crisis was building Jul 13, 2008
Leach later accused Fannie Mae and Freddie Mac of effectively buying off activist groups by making charitable contributions to them. By providing much-needed grant money to the nonprofit groups, it made it hard for them to criticize the mortgage titans, said Jonathan GS Koppell, an associate professor at the Yale School of Management. (Boston Globe)
Down-payment aid debated Jul 13, 2008
Unlike other charitable contributions, the seller's donations are not tax-deductible. "It's a loophole in the FHA guidelines that says the down payment can come from a 501(c)(3) charity," Wegner said. (AZCentral -- Business)
With Plenty To Do, Congress Takes Vacation Jul 5, 2008
A tax bill that continues credit or deductions for research and development, state and local sales taxes, tuition, children and charitable contributions. A bill to eliminate new pay cuts for doctors who treat Medicare patients. (CBS News)
Foreign students are wanting the Grayson County experience Jul 4, 2008
Host families do not get paid for their services, but are able to take $50 off on their income taxes under charitable contributions. Families are screened to make sure they are serious about hosting. (Leitchfield Grayson County, KY)
For budget, third vote's a charm Jul 4, 2008
That reduction included eliminating raises for the first selectman, selectmen and town clerk and cuts from the town's road account, the highway department, the town's boards and commissions, secretary salaries, the Youth Commission, the Bethel Public Library, the town's charitable contributions and intergovernmental agencies accounts. The budgets of the Bethel Visiting Nurse Association and the Bethel Senior Center were also reduced. (Bethel Beacon, CT)
A TIGER OF A TAX Jul 2, 2008
Certainly, investment in new small businesses and charitable contributions will be significantly reduced, most likely by the amount of the federal tax hikes. Regardless of how much someone earns, does anyone really think it's fair for a self-employed individual to pay federal and state taxes of 57 percent or for an employee to pay a combined 53 percent on his wages. (New York Post -- Opinions)
Supercenter: Still a part of Lodi's future? Jun 30, 2008
cj wrote on Jun 28, 2008 1:15 PM:" RE: CC4Lodi comments at 9:12am. Do you know what Wal-Mart gives back to charities? I recently read a report on charitable contributions of big businesses. Wal-Mart & their heirs (of many are listed on the richest people) give back a lot less percentage wise than other big businesses. Yes they give back, but not much in respective to their riches.And where does Wal-Mart & their heirs spend their profits to shop for personal goods? Certainly not in Lodi or even... (Lodi News Sentinel, CA)
More Georgians give to charity; but the average gift has gotten smaller Jun 26, 2008
Georgia s charitable contributions by individuals, based on Internal Revenue Service data, has gone from $2. 73 billion in 1996 to $6. (Atlanta Journal-Constitution -- Business)
Donations to charities held steady in 2007 Jun 23, 2008
After a strong start last year, stock-market trouble combined with the housing and credit downturns put a drag on charitable contributions for the balance of the year. "The year started out to be a good year, then the economy started to get really shaky in the fall, and that's when a majority of people start to do their year-end giving," said Edith Falk, chief executive of non-profit consultant Campbell p. (AZCentral -- News)
Economic Woes Could Hurt Donations In 2008 Jun 23, 2008
After a strong start last year, stock market trouble combined with the housing and credit downturns put a drag on charitable contributions for the balance of the year. "The year started out to be a good year, then the economy started to get really shaky in the fall, and that's when a majority of people start to do their year-end giving," said , chief executive of nonprofit consultant Campbell & Co.. (WNBC.com, NY)
Americans' Charitable Giving Hits a Record Jun 23, 2008
In 2007's pool of charitable contributions, religious congregations received $102. 32 billion, an increase of 4. (Wall Street Journal)
Financial health of Pa. hospitals improves, but unpaid care grows Jun 13, 2008
Operating margins reflect the amount hospitals earn from core services, including providing medical care, but excluding such things as charitable contributions and investment income and therefore are a standard measure of an institution's overall health. Despite the gains, one-quarter of the hospitals lost money in fiscal 2007, David Wilderman, acting executive director for the council said in a prepared statement. (Pittsburgh Business Times, PA)
Three-way stop causes uproar Jun 12, 2008
Charitable contributions were approved for the 2008-2009 budget. Organizations receiving funds are: the Benton County Library, the Benton County Arts Council, Tennessee Rehab Center, the Benton County Rescue Squad, the Benton County Senior Center, the Benton County Chamber of Commerce, CHS Project Graduation and the Benton County Drug Alliance. (Camden Chronicle, TN)
Thousands who earn $200,000+ avoid paying income tax Jun 12, 2008
Responding to Hurricane Katrina, Washington exempted charitable contributions between Aug. 27, 2005, and Jan. 1, 2006, from the overall limit on itemized tax deductions and the 50% of adjusted gross income limit for such giving. The one-time change wasn't limited to hurricane-related contributions. (USA Today -- Money)
LOOKING OUT FOR NO. 1: IS IT REALLY BEST FOR ALL? Jun 7, 2008
Obama failed to inform the Wesleyan graduates that, in 2004, he earned 200,000 and made just 2,500 in charitable contributions. Like him, talk is cheap. (New York Post -- Opinions)
Comcast Center Claims Its Place Atop the Philadelphia Skyline Jun 7, 2008
Furthermore, between 2003 and 2007, Comcast made significant financial and in-kind charitable contributions to the Philadelphia region, totaling more than $1 billion during that period. Construction of Comcast Center also included approximately $30 million worth of public improvements, including the dramatic new gateway to Suburban Station, a renovation of the stations concourse and a new public plaza at street level. (Yahoo! Wire -- Entertainment News)
Doing more with less Jun 6, 2008
Economic growth this year has been anemic as household expenses mount, and charitable contributions traditionally decline during the summer. Giving is tied to discretionary income, Mr. Borochoff said, and for nonprofits, the cash flow dips lowest in the summer because people are thinking of their family vacations. (Scranton Times, PA)
Read more... May 31, 2008
According to the National Center for Charitable Statistics, nearly 88 percent of nonprofit revenues in 2005 came from fees for service, sales, and sources other than charitable contributions. Indeed, questions are also being raised about whether some private universities most prominently Harvard, which has amassed a $35 billion endowment should continue to be accorded tax-exempt status. (PNN Online)
Competence and Freedom May 26, 2008
Imagine that you have taught your child that altruism is a virtue and that charitable contributions and volunteer efforts on behalf of persons who are disadvantaged is one way of being a good person, and a legitimate basis, among others, for self-esteem. Imagine that you have taught your now adult child that if he has children of his own he is obligated to have them in a stable and committed marriage because that institution is the best arrangement we know of for effectively rearing children. (Townhall.com)
Casino Queen invests $2M in renovations to hotel May 24, 2008
Over 15 years in operation, has invested $200 million in capital improvements in its riverfront property and contributed more than $10 million in charitable contributions. matthewallen@bizjournals. (St. Louis Business Journal, MO)
Elder Law: Making the most of charitable contributions May 23, 2008
Now, as I often do, I d like to give you some information about what you need to do, to maximize your ability to deduct charitable contributions on your income taxes. First, let s start with a tax tip that will save you money and get more to the charity of your choice. (Malden Observer, MA)
Geraldine Ferraro calls Obama 'sexist'; may notvote for him in election... May 21, 2008
Contributions or gifts to the Democratic National Committee are not deductible as charitable contributions for federal income tax purposes. Click here to unsubscribe from this mailing list. (The Drudge Report)
IRS increases audits for small businesses May 21, 2008
Releasing statistics showing an increase in audits may help the IRS prove that it takes enforcement seriously, but, "There's a difference between the agents coming in to do a full-blown audit and when they send something in the mail that says 'can you substantiate your charitable contributions?'" Nelson said. Although such a letter would count as the beginning of an audit if the taxpayer did something wrong, in many cases the matter is cleared up quickly. (Denver Business Journal, CO)
Father Kitunzi returning to Africa; seeks funds for vehicle May 20, 2008
In a recent church bulletin, Father James Pallardy of St. Mary s referred to Father Kitunzi s need for a used car (Tanzania imports used cars from Japan), noting the 9,500 cost and the fact Father Kitunzi does not receive a salary his sole income in Tanzania comes from charitable contributions from those who can afford it. Individuals or groups wishing to send a contribution in the short time before he leaves may send it to Father Kitunzi in care of St. Mary s Catholic Church, 406 W. Central... (Kewanee Star Courier, IL)
RealNetworks Announces First Quarter 2008 Results May 9, 2008
-- Adjusted EBITDA and adjusted EBITDA by reporting segment consist of net income excluding the impact of the following: interest income, net; income taxes; depreciation; amortization (net of minority interest effect); stock-based compensation; expenses for employee stock options that were converted to cash rights; equity investment gains and losses from sales or impairments; income and expenses including charitable contributions related to the Microsoft agreements; and gain on initial formation... (Yahoo! Wire -- Entertainment News)
Unkind comparison May 8, 2008
There was the marriage penalty, which has been only partially corrected; deductions for charitable contributions for those who did not itemize; and higher levels of medical costs before they could be deducted. It is hard for me to see why many running for public office today want to compare themselves to President Reagan. (Fresno Bee -- Opinion)
