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Discovering The Tax Implications of Nonprofits Owning For-Profit Businesses

The Charity CFO

For example, a mental health organization might create a joint venture with a for-profit healthcare system to establish mental health facilities in underserved areas. Impact on Charitable Contributions Donors to nonprofits often receive tax benefits for their charitable giving.

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House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

Jessica Sebeok, associate vice president and counsel for policy for the Association of American Universities (AAU) , noted that the proposed tax has caught some members by surprise. Both bills enable individuals to deduct up to 60 percent of their adjusted gross income for charitable contributions, up from 50 percent.

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House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

Jessica Sebeok, associate vice president and counsel for policy for the Association of American Universities (AAU) , noted that the proposed tax has caught some members by surprise. Both bills enable individuals to deduct up to 60 percent of their adjusted gross income for charitable contributions, up from 50 percent.

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House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

Jessica Sebeok, associate vice president and counsel for policy for the Association of American Universities (AAU) , noted that the proposed tax has caught some members by surprise. Both bills enable individuals to deduct up to 60 percent of their adjusted gross income for charitable contributions, up from 50 percent.

article thumbnail

House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

Jessica Sebeok, associate vice president and counsel for policy for the Association of American Universities (AAU) , noted that the proposed tax has caught some members by surprise. Both bills enable individuals to deduct up to 60 percent of their adjusted gross income for charitable contributions, up from 50 percent.

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Cancelling Student Debt Is Necessary for Racial Justice

NonProfit Quarterly

The American Association of University Women notes that women hold two-thirds of all US student loan debt. Wiping out current debts doesn’t eliminate the racist policies and systems that created the crisis, nor does it end the debt-financing of education, housing, and healthcare. Black Women Borrowers and Student Debt.