Editor's Mailbag (June 23) Jun 24, 2008
I m told employees in a union shop have the right to make a charitable contribution in a like amount if they choose. Propaganda has always been the forte of business. (Albany Democrat-Herald, OR)
Tax department panned as Walsh case thrown out Jun 23, 2008
Each claimed a charitable contribution of around $9-million on their 1996 income taxes. Bre-X collapsed a few months later when a company developing the site found insignificant amounts of gold. (Globe and Mail -- Business)
Red Cross seeks reports of flood damage Jun 14, 2008
Contributions to the Box Elder Flood Relief Fund are not tax deductible as a charitable contribution. Share This Story. (Rapid City Journal, SD)
SmartTown card program pushes for customer loyalty May 25, 2008
She directs the charitable contribution to the Lutheran high school in town; her 18-year-old daughter, Shelby, has hers go toward breast cancer research. "I think people who don't normally donate to a cause will do this, because they won't see the money leave their pockets," Herlick said. (Bismarck Tribune, ND)
Op-Ed / Jerry Jackson: Who supports charity? May 21, 2008
Who can forget the pitiful charitable contribution of 353 by Al Gore in his 1997 return. Contrast this with the 8 million dollars Vice President Cheney and his wife Lynn have contributed since 2000 including one year when they gave 77 percent of their income. (Heber Springs Sun-Times, AR)
New controversy rocks USC as Mayo allegations surface May 12, 2008
"The NCAA and the Pac-10 reviewed O.J. Mayo's amateur status before and during his enrollment at USC and did not identify any amateurism violations. Mayo and USC fully cooperated in these investigations. The university investigated and reported a violation involving Mayo's receipt of tickets to a Denver Nuggets game from his friend Carmelo Anthony. Mayo's eligibility was reinstated after he made a charitable contribution in the amount of the value of the tickets.". Anthony is among the current... (USA Today -- Sports)
A worthy effort to spend stimulus money on May 9, 2008
Since my wife, Bette, and I have cut back on our recent charitable contributions, due to the current high cost of living, we have decided that we will use part of the monies we will be receiving for a charitable contribution. We are sending the amount we have allocated to help with the Rotary-sponsored Project Graduation. (Sierra Vista Herald, AZ)
A Legendary ``Clasico'' between CLUB AMERICA and CHIVAS de GUADALAJARA Comes to Pizza Hut Park, Frisco, Texas May 8, 2008
A charitable contribution of $25,000 will be presented to LULAC, symbolizing Nissans support of LULACs initiatives. About Nissan North AMRICA. (Yahoo! Wire -- Entertainment News)
Nissan North America is Blazing Trails in Forging Non-Traditional 'Win-Win-Win' Grassroots Relations May 7, 2008
This year, the intensity heightens as the anticipated soccer match between the best and most controversial Mexican soccer rivals, the Chivas de Guadalajara and the Club America, will be announced at the El Reto Final Nissan 3 Launch press conference on Wednesday, May 7th at 1 p.m. CST at the Sheraton Hotel (400 N. Olive St.) in Dallas, TX. During this press event, Stephanie Valdez Streaty, Sr. Manager of Philanthropy and Diversity Communications, Nissan North America, Inc., will also be... (PR Newswire)
Hawks push Celtics to the limit May 4, 2008
Their latest charitable contribution otherwise known as an NBA fine went to Paul Pierce for a "menacing gesture" the other night that reminded some of a gang sign. But the most menacing gesture in this series lately has been the Hawks at the free throw line. (USA Today -- Sports)
Heroic Earlham Woman Receives a Volvo for Life ... Literally May 2, 2008
Bill Bradley, Eunice Kennedy Shriver, Maya Lin, Dr. Sally Ride and Dr. Mae Jemison then selected the overall category winners, who received a $100,000 charitable contribution. At a gala ceremony in New York this past March, judges announced Adams as the winner in the Safety category and also unveiled her as the overall grand winner and a recipient of a Volvo car every three years for life. (PR Newswire)
Artisans help fight cancer, and you can too Apr 16, 2008
You can support this cancer fundraising event in several ways by making a purchase at the Gifts for a Cure Craft Fair on Saturday, or making a charitable contribution at the event, or on-line. For breast cancer visit ; for blood cancer visit. (Lexington Minuteman, MA)
$1.5M charity donation tops winner's purse at Accenture Match Play Apr 6, 2008
"Accenture is pleased that such a sizable charitable contribution will be made to deserving charities in the Tucson area from the revenues generated by the Accenture Match Play Championship," said Tina Naugle, Accenture's managing director, Arizona Government Practice. The tournament brings the world's top 64 golfers together in a unique head-to-head match-play competition. (Phoenix Business Journal, AZ)
Hollywood A-Listers Prove Ignorance in Supporting... Mar 31, 2008
After spending some time with Chavez and shaking him down for a charitable contribution, she joyously described the "love and encouragement" she witnessed in the welfare programs of Venezuela. Viva la Revolucion. (Fox News)
Ask Realty Times Mar 21, 2008
If they want to make a charitable contribution, then great. If not, that's their decision. (RealtyTimes)
Bad decisions, turnovers and sloppy play bring winning streak to halt Mar 19, 2008
They gave away pucks like they were trying to qualify for a charitable contribution, and goalie Ty Conklin, so good so many times this season, was responsible for more big rebounds than the NBA's 3-point rule. He finished with 25 saves and, while this loss was very much a team effort, it was not a performance that will take up much space on Conklin's personal highlights tape. (Pittsburgh Post-Gazette, PA)
UPS chief gets 7.8 percent raise in 2007 to $4.5 million Mar 18, 2008
He received all other compensation of $43,019, including $2,000 for a charitable contribution match, $6,750 for 401(k) matching contributions, $5,036 for life insurance premiums, $17,583 for pension benefits restoration plan rollover and $11,650 for financial planning services. Eskew also received stock and option awards the company valued at $3,142,645 on the days they were granted. (San Diego Union-Tribune -- Business)
Do Police Fundraisers Have Legal AND Moral Obligations? Feb 22, 2008
Feb. 21 /PRNewswire-USNewswire/ -- Starting in Florida, a new organization of concerned citizens forms Citizens for Ethical Non-profit Treasury Stewardship ("CENTS") to highlight the fundraising practices of the Sarasota-based International Union of Police Associations ("IUPA") and their for-profit telemarketing contractor LAS, LLC. Less Than 2% of Contribution Dollars Go To Charity CENTS says: "Nearly everyone has gotten a call from a police organization asking for a charitable contribution. We... (PR Newswire)
Changes affect 2007 tax returns Feb 13, 2008
Though taxpayers are already required to keep records to support their contribution deductions, this new provision is designed to provide greater certainty, both to taxpayers and the government, in determining what may be deducted as a charitable contribution. See Publication 526. (Taylor Daily Press, TX)
Movers & Shakers (Feb. 11) Feb 11, 2008
The Siletz Tribal Charitable Contribution Fund has given donations of: 1,500 to CALYX, Inc. of Corvallis for the reprint of The Black Candle: Poems by Women From India, Pakistan and Bangladesh, by Chitra Divakaruni; 743 to Kings Valley Charter School to purchase a laminator; and 4,900 to Philomath High School to assist with the purchase of two Smart Board systems. Submissions. (Corvallis Gazette Times, OR)
The 2007 Slate 60 Feb 11, 2008
The largest American charitable contribution of the year ... That's the takeaway from the top of our annual list of the largest American charitable contributions. (Slate)
AGL Resources Reports 2007 Earnings Results Feb 7, 2008
Additionally, $2 million of the segment's year-over-year EBIT increase reflects a charitable contribution made in 2006. The wholesale services segment, consisting primarily of Sequent Energy Management, contributed $34 million in EBIT in 2007, a $56 million decrease from its 2006 results. (Canada Newswire)
How to Save Money Feb 3, 2008
Take 5% or 10% of each paycheck (after you've paid your tithe or made your charitable contribution) and put it into your savings. Then, start paying your bills and expenses. (Suite101.com)
Golden Bears Support Community With Toe-to-Toe Event Feb 1, 2008
Tickets for "Toe to Toe" are $125, $75 of which is a charitable contribution. They are available on the web (www. (Calbears.com)
Tufts gives grants to local organizations Jan 31, 2008
Rubel said Tufts, like many large employers have a United Way Fund, where employees can make a charitable contribution once a year. But since the United Way money scandal in the mid-90s, the school decided to diversify the organizations to which employees could donate. (Medford Transcript, MA)
UMCOR Hotline for January 29, 2008 Jan 30, 2008
UMCOR is exempt from tax under section 501(c)(3) of the Internal Revenue Code of the United States and qualifies for the maximum charitable contribution deduction by donors. United Methodist Committee on Relief General Board of Global Ministries, The United Methodist Church Room 330, 475 Riverside Drive, New York, NY 10115 Voice Phone: 1-212-870-3816; FAX: 1-212-870-3624 Email: Web. (AlertNet)
Obama sheds $70K Jan 30, 2008
The charitable contribution announced Tuesday came after Obama ordered a more detailed review of contributions related to Rezko, Obama spokesman Bill Burton said. The money covered contributions from Rezko family members and employees and from others who may have given to Obama's 2004 Senate campaign. (Atlanta Journal-Constitution)
The NCAA Rules On The O.J. Mayo Ticket Situation Jan 26, 2008
As a condition of his reinstatement, the NCAA said that he had to make a charitable contribution of $460 based on the value of the tickets. He and his family did that today, therefore late this afternoon the NCAA restored his eligibility and he will be able to play in tomorrow's game against Oregon. (Pac-10.org)
Jefferson Bancshares, Inc. Announces Earnings for the Quarter Ended December 31, 2007 Jan 26, 2008
The deferred tax asset being written down is the charitable contribution carryforward directly attributable to the contribution made to the Jefferson Federal Charitable Foundation in connection with the Company's public offering in July 2003 ... Our growth strategy has lowered taxable income in the short-term and will likely prevent us from taking full advantage of the charitable contribution deduction ... The valuation allowance was related to the charitable contribution carryforward directly... (Primezone Releases)
Your Incredible Neighbors: Wife gives gift of life to husband Jan 18, 2008
A savings account has been set up under the name Dan and Shelly Freeman at M. Those wishing to make a charitable contribution to the Freemans can do so by visiting an Mch. The local M is located at 270 W. Continental Road. (Green Valley News & Sun, AZ)
Watertown Man Wins Senate Seat Jan 18, 2008
He avoided a prison term but was handed a six-month suspended sentence and paid a $2,000 fine as well as agreeing to make a charitable contribution. Mr. DeLuca admitted that he had asked Danbury trash-hauler James Galante to threaten his granddaughter's husband Mark Colella. (Litchfield County Times, CT)
Bridge club gives to area charities Jan 17, 2008
The group voted to give the past year's charitable contribution to Kids' Harbor and CADV.. The new season begins in March. (Camdenton Lake Sun Leader, MO)
Rotary Club to host award ceremony for young essayists Jan 9, 2008
The Students of West Woods Upper Elementary School have selected the Hope Day School in Sierra Leone and Save the Children to be the recipients of the 2008 Rotary Club's charitable contribution for this contest. Winning Essays. (Farmington Valley Post, CT)
Ask Dr. Real Estate: How Can I Keep More of What I Make? Jan 4, 2008
So for each and every dollar in allowable business expenses you fail to claim you will make a charitable contribution to Uncle Sam (federal) and Aunt Samantha (state). Should you do your own taxes. (RealtyTimes)
Retailers report Santa delivered mixed bag Jan 3, 2008
But this year's charitable contribution may be slim after a tight Christmas season. Meanwhile, in an indication of the wild ride that independent retailers can experience even in one small district, another local mainstay reported a banner year. (Half Moon Bay Review, CA)
Letters for Sunday, December 30, 2007 Dec 30, 2007
I received a postcard from an IRC 501(c)(3) charity (a not-for-profit group) as a reminder that if you are 70 1/2 years or older, you can make a tax-free distribution in 2007 of up to 100,000 from your IRA directly to an approved charity, designation type above, of your choice, as a deductible charitable contribution. Distributions are tax-free and count toward your IR-required minimum distribution for the year. (Lihue Garden Island, HA)
Is Your Credit Card Balance Deductible? Dec 29, 2007
But if you make a deductible charitable contribution and put it on your credit card, you can deduct it on your 2007 income tax even if you pay for the contribution next year. "For instance, you can pay your charitable contributions if you were to make a deduction for public television or public radio. You can get that deduction this year even though you didn't pay the credit card payment until next year. If they file their returns early, and then get a refund, they might use their refunds to... (WCAX.com, VT)
Donor-advised funds offer last-minute tax benefits Dec 28, 2007
A donor-advised fund allows you to receive the full tax benefit of your charitable contribution while giving you time to decide where the money will go. The fund is administered by a charitable organization, and allows a donor to set up a charitable account and then recommend how the money, in minimum increments of $200, is doled out to a charity or charities. (Republican-American)
Volunteer drives others on Road to Recovery Dec 24, 2007
Drivers use their own automobiles and pay for fuel themselves, but may turn in their mileage as a charitable contribution at the end of the year. Drivers must have a valid driver's license. (Sioux City Journal, IO)
Group wants Decorah to help buy pieces of East Side School Dec 21, 2007
Bishop said up to 1,000 could be considered a charitable contribution. Those pledging more than 1,000 could see a return on their investment based on the sale of the materials. (Waterloo-Cedar Falls Courier)
Ulanguzi Holiday Promotion Keeps on Giving Dec 20, 2007
Ken Penkowski, Creative Director and Managing Partner at Ulanguzi, states, "We are particularly proud of this holiday gift because it encompasses so much of what Ulanguzi stands for. Through the parable itself, it shares the importance of storytelling; it encourages our clients, partners and friends to continue the communication by sending the cards; and most important, this gift communicates our deep gratitude to those men and women serving our country who are apart from their families and... (PR Newswire)
Column: Tips for charitable deeds Dec 20, 2007
Before you donate, verify the name, address and telephone number of the charity; a specific description of how and where the charitable funds will be used; whether your donation is tax deductible as a charitable contribution; and beware of statements such as all proceeds go to charity the proceeds may not be very much after expenses are deducted. Ask how much of your charity dollar goes to fundraising or administrative and general expenses, and how much is left for the program you want to... (Hamilton Wenham Chronicle, MA)
Give, but give wisely Dec 18, 2007
A Wall Street Journal Online/Harris Interactive Poll shows 44 percent of Americans plan to make a charitable contribution by themselves or on behalf of their families this holiday season ... In Florida, the Department of Agriculture and Consumer Services generates the Gift Giver's Guide annually that covers many types of groups that seek charitable contributions in Florida, including those out-of-state. (Florida Times-Union)
IBM cuts schools a break on $5M debt Dec 15, 2007
The 31,000-student district faces lower revenues because of declining enrollment, and said that if IBM would consider the old debt forgiven as a charitable contribution, the money would be a sizable help - enough to cover the salaries of 20 teachers. After IBM wrote back contending that the original deal was quite generous, Harter got several California state legislators to plead with IBM in June. (Herald Online, SC -- Technology)
Committee gathers to salute Nichols with memorial Dec 15, 2007
When you give to the foundation, it is tax deductible as a charitable contribution and anyone, including individuals, can take the deduction; but contributions given directly to the chamber are deductible only as business expenses, and individuals don't have business expenses. Serving on the 2007 Coordinating Committee to raise funds for the Sandy Nichols memorial and the Imagination Station's ongoing upkeep are Burge, Urbanski, Jeff Greenlee, Danny McCuistion, Scot Simco, Nub Smith, Lisa... (Altus Times, OK)
United Way Honors Woronoff Dec 11, 2007
"I have always viewed the United Way as one-stop shopping for your charitable contribution," he said. "One check can impact 21 worthwhile agencies. It's sort of a Good Housekeeping Seal of Approval for nonprofits.". (The Pilot Newspaper)
Take these tax-planning steps now Dec 7, 2007
This way, you get a charitable contribution deduction for the full value without paying taxes on capital gains. Maximize all possible deductions. (Pittsburgh Post-Gazette, PA)
Audio Precision President & CEO Alan Miksch Dies Aged 56 Dec 5, 2007
For anyone who wishes to make a charitable contribution in Al's name, his charity of choice was the Make a Wish Foundation. Statement of corporate continuity When Al Miksch fell ill in September, David Schmoldt, AP's Vice President as asked to assume the role of interim Chief Operating Officer. (PR Newswire)
Make taxes work for you Nov 30, 2007
Make a charitable contribution by Dec. 31 ... Magnolia Labels also considers additional charitable contributions before the end of each year, Priddy said. (The Clarion-Ledger)
Bulls drop Hawks to snap four-game skid Nov 28, 2007
The Chicago Bulls were playing the way they had all season, missing shot after shot and giving the ball away like some charitable contribution. And then, everything changed. (MSNBC -- Sports)
KSC train will appear in Leesville Sunday Nov 24, 2007
At each stop, KCS will make a charitable contribution of Wal-Mart gift cards to a local Salvation Army chapter to provide warm clothing for needy children. Due to contributions by KCS employees, vendors and friends, the railroad raised approximately 122,700 for purchasing the gift cards this year. (Leesville Daily Leader, LA)
Montrose unites, gives thanks Nov 23, 2007
Another annual event made possible through charitable contribution afforded 25 U.S. veterans an opportunity to float over the community in wicker baskets. Hot air balloonist Ric Simon coordinated the 15th Annual Thanksgiving Get Together float, which took off from the Montrose Elks Lodge lawn Thursday morning. (Montrose Daily Press, CO)
Generous residents help ensure happy Thanksgiving for needy Nov 22, 2007
Lemoine said he s delivering the Delta County Board of Commissioners a letter acknowledging Fritz s generosity in providing such a charitable contribution to the county. What a sweetheart it s that kind of thing I love to help. (Montrose Daily Press, CO)
A day for a different attitude Nov 22, 2007
Thanks to a grant for just under 10,000 from the Siletz Tribe Charitable Contribution Fund, the Kings Valley Area Association (KiVAA) is setting about completing a new community center parking area. It would provide up to 20 spaces and fencing to keep people and children safe along Highway 223. (Corvallis Gazette Times, OR)
Fund Brings Christmas Cheer Nov 21, 2007
Every donation or sponsor expense qualifies as a charitable contribution. "The Empty Stocking Fund Committee deeply appreciates the support of The Pilot in bringing this message to you," Leggett said. (The Pilot Newspaper)
DeLuca: Controversy at a glance Nov 15, 2007
June 4, 2007 - DeLuca pleads guilty, receives six-month suspended sentence, and is ordered to pay a $2,000 fine and make a $1,500 charitable contribution. June 7, 2007 - DeLuca resigns as Senate minority leader but refuses to leave the Senate. (Journal Inquirer, CT)
• A Rare Challenge Facing DeLuca Nov 4, 2007
One of DeLuca's close political friends for the past 35 years, Woodbury First Selectman Richard Cranesaid Alvarez's run is an example of "piling on" a person who has already pleaded guilty to a misdemeanor, been fined $2,000 and been ordered to make a $1,500 charitable contribution. Despite DeLuca's problems, he clearly still has support in the town where he has lived since 1972. (FOX61, CT)
AHERF's ex-chief bitter about his fall Nov 4, 2007
Mr. Abdelhak argued that he should be able to claim a $435,000 charitable contribution deduction for the 1998 tax year; that he should be able to claim a $2. 2 million "theft loss" deduction in 2000 relating to the loss of two insurance policies and a deferred compensation account; and that he should be allowed to deduct certain amounts of travel, meal and entertainment expenses relating to Global Trading Group in 1999 and 2000. (Pittsburgh Post-Gazette, PA)
Beneficial swings to loss on foundation contribution Nov 3, 2007
said it swung to a $5 million loss, or 7 cents per share, in the third quarter of the year, largely because it made a $10 million charitable contribution ... Net income for the third quarter exclusive of the charitable contribution to the foundation, totaled $4 million, or 5 cents per share. (Philadelphia Business Journal, PA)
CP library receives more grants Nov 3, 2007
The Target Charitable Contribution award is part of ongoing efforts by Target to strengthen families and communities throughout the country. Since opening its doors, Target has given 5 percent of its income to organizations that support education, the arts and safe families and communities. (Cedar Park Hill Country News Weekender, TX)
Oregonians generous with money Nov 2, 2007
What can you deduct as a charitable contribution. Set a budget. (Albany Democrat-Herald, OR)
Progress in Education Inc. (PIE) Oct 25, 2007
To accomplish PIEs mission, PIE receives donations (deductible as a charitable contribution), and makes grants to secondary schools in Ghana. These grants have been in the form of computers, overhead projectors, science laboratory glassware, and other science equipment such as dissecting kits, microscopes, and lab scales. (Ghana Web, Ghana)
President Bush Discusses Migratory Bird Conservation Oct 21, 2007
They allow people to give up the right to develop parts of their land and then count the value of that right as a charitable contribution. The proposal would allow good citizens who give these conservation easements -- allow them to deduct a higher portion of the donation from their income taxes, both in the year they donated and the years that follow. (White House News Releases)
The UMCOR Hotline for October 16, 2007 Oct 18, 2007
UMCOR is exempt from tax under section 501(c)(3) of the Internal Revenue Code of the United States and qualifies for the maximum charitable contribution deduction by donors ... UMCOR is exempt from tax under section 501(c)(3) of the Internal Revenue Code of the United States and qualifies for the maximum charitable contribution deduction by donors. (AlertNet)
Rule Changes For Down Payment Oct 17, 2007
Dan Brady, Tri-State Mortgage: "Who then wires back the 3 thousand dollars, in a sense, it's not the seller giving to the buyer ... It's the seller making a charitable contribution and then turning it into a gift."Wow did you get that. the buyer never touches the money. (WKRC.com, OH)
