- March 2011
- New Tax Deal Lowers Estate Tax and Extends IRA Charity Break
- Democrats Turn Back Republican Health Care Repeal Amendment
- House & Senate Committees Hold Hearings on Tax Reform
- Obama's Budget Plan Calls for Cut in Charitable Deductions
- Republicans Propose Big Federal Budget cuts That Impact Non Profits
- Many Nonprofits Face Lawsuits over Madoff's Fraud
- Senator's Investigation into Ministries Leads to Tax Review
- Officials Say Oregon Charity Shifted Millions to Iran
- Budget-Strapped Cities Charge Nonprofits New Fees
- Nonprofits in CA Face More Fiscal Strain
- Virginia A.G. Says No State Funds Can Legally Go To Charities
- NV Court Rules Donor-Advised Funds Can Ignore Donor Advice
- CT University Fights to Preserve Donor List Confidentiality
- OR Sues Veterans Charities Accused of Misusing Funds
- The IRS Steps Up Scrutiny of Nonprofits
- IRS Investigates CA Hospital's Charity's Nonprofit Status
- Automatic Revocations Will Reshape Nonprofits Beyond 2011
- Postal Rates to Increase in April 2011
- All Pages
Senator’s Investigation into Ministries Leads to Tax Review
Sen. Charles E. Grassley, a leading Republican nonprofit watchdog, has concluded his investigation of six televisions evangelist by calling for a review of a range of tax issues, some affecting churches but others that could have a significant impact on the broader charitable world.
For example, his report suggests repealing or narrowing a rule that bars churches and other charities from getting involved in political campaigns, calling it vague, hard to enforce, and without good justification. It also proposes tightening up rules on nonprofit executive compensation.
Sen. Grassley opened the investigation into the six ministries in 2007, asking for information about their expenditures, compensation practices, and board structures -- a response to news coverage and complaints from the public about their spending habits.
As a result of his inquiry a new panel, the Commission on Accountability and Policy for Religious Organizations, was recently formed with the assistance of the Evangelical Council for Financial Accountability. The commission is tasked with the gathering of information from the sector and providing feedback to the Senator’s office with the goal of improving accountability and policy in the religious sector.