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Follow-up on Christie's half-owned 'nonprofit': The Port Authority of New York and New Jersey
From Nonprofit Quarterly
“When it comes to raising tolls, the Port Authority [of New York and New Jersey] has nearly unchecked power and little obligation to listen to the public.” That’s one of reasons why Governor Chris Christie’s explanations for “Bridgegate,” the scandal involving his top aides closing two out of three access lanes from the city of Fort Lee, New Jersey to the George Washington Bridge, come off as implausible. The Port Authority is a bi-state public benefit corporation, or public authority, established more than 90 years ago by the states of New York and New Jersey to manage the regional infrastructure of bridges, tunnels, seaports, and airports that serve both states. It is a big operation, with a 2012 budget of $7 billion including capital expenditures of $3.66 billion.
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2014 nonprofit trends to watch
From National Council of Nonprofits
One prominent trend that began with the Great Recession will continue its drain in 2014: scarce financial resources. The vast majority of charitable nonprofits will continue to be squeezed for financial resources in 2014. In the current environment of increased competition for scarcer financial resources, no nonprofit’s board of directors should be caught ignoring its fiduciary duty to help the nonprofit fundraise.
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Detroit foundations give at least $330 million to save museum's art collection
From The Chronicle of Philanthropy
A group of local and national foundations has agreed to contribute more than $330 million to protect the Detroit Institute of Arts collection and help pay for city retiree pensions as part of Detroit’s bankruptcy settlement, according to a statement issued by bankruptcy mediators. “We are pleased to contribute to what we hope will be a balanced, workable plan that will enable Detroit to emerge from bankruptcy renewed and stronger,” according to a statement by nine foundations that are part of the plan.
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A rising tide of dark money
From The Washington Post
The caricature of a fat cat in political campaigns is that of an individual who hands out donations to candidates in expectation of favorable treatment. But judging by the latest evidence from the 2012 election cycle, the reality is far different. “Dark money” now more often flows from a web of hidden shell companies and secret wire transfers — it’s more a sophisticated money-laundering scheme than simple brown envelopes stuffed with cash.
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Nonprofit health centers enter insurance realm
From Kaiser Health News via USA Today
The nation's 1,200 non-profit community health centers receive strong federal support to treat millions of uninsured residents, but still face financial challenges. Some are responding with an unusual strategy — starting for-profit insurance plans. In 2008, the Jessie Trice Community Health Center in Miami invested $120,000 to start Prestige Health Choice, a for-profit Medicaid health plan that the state pays a flat monthly fee per enrollee to provide care. Fourteen other community health centers also participated.
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Follow-up on Christie's half-owned 'nonprofit': The Port Authority of New York and New Jersey
From Nonprofit Quarterly
“When it comes to raising tolls, the Port Authority [of New York and New Jersey] has nearly unchecked power and little obligation to listen to the public.” That’s one of reasons why Governor Chris Christie’s explanations for “Bridgegate" come off as implausible.

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Treasury and IRS rules on nonprofits' political activity misses the mark
From The Washington Post
Many Americans disapprove of the soaring amounts of money flowing to political campaigns through “social welfare” groups, which are not required to disclose their donors. Many others are angry about revelations that Internal Revenue Service (IRS) workers applied extra scrutiny to applications for tax-exempt status from conservative-leaning nonprofit groups.

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How much profit does a nonprofit need?
From Nonprofit Quarterly
Nonprofits need profit. Because every nonprofit is unique, the amount depends upon individual circumstances. This article will identify the key variables and explain how any organization can calculate the minimum profit it needs to prevent slow, steady erosion of the quality of its output.

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Alexandria, Va., nonprofit Good360 wins national award, will do more good
From The Washington Post
Here’s a statistic that will make your eyes pop out: Sixty percent of items donated during disasters wind up in landfills. Sixty. 6-0. Items flood in during the first days or weeks after a tornado, or flood, or earthquake, but may not be appropriate or aren’t needed until months later, when the news media have moved on but the victims remain. The glut of unusable or inappropriate donations is often called “a second-tier disaster” which takes up rescue workers’ time as they sort and discard. An organization in Alexandria called Good360, launched in 1983 as “Gifts in Kind,” has become a worldwide leader in helping organize disaster relief as well as connecting corporations with charities in non-disaster times.
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Komen paid nearly $400,000 in severance
From The NonProfit Times
Susan G. Komen for the Cure paid out almost $400,000 in severance last year to four executives who left the organizations, including nearly $270,000 to its former president, while contributions and other revenue dipped by 22 percent last year. The breast cancer charity also disclosed that its new president and CEO, Dr. Judith Salerno, will earn $475,000, about 40 percent more than her predecessor. Elizabeth Thompson stepped down in September 2012. She joined Komen in 2008 to lead its research and scientific programs before becoming president in 2010.
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New Hampshire bill would tax nonprofit hospitals, colleges
From The Associated Press via Boston.com
A New Hampshire lawmaker wants to expand a business tax to cover nonprofit hospitals, colleges and other groups that charge for their services. Rep. David Hess, a Hooksett Republican, proposes expanding the state’s business enterprise tax on wages, interest on debt and dividends to include large nonprofits. Hess said his bill exempts churches and other religious institutions, but not religious hospitals or colleges whose primary mission is to provide a service for a fee. He also would exempt foundations, most volunteer service organizations and smaller charities.
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