This piece is based on grapevine information from the NY AG’s office that was given to a nonprofit which asked for specific guidance on applying NYPMIFA’s old/small fund (>20yrs/<$100K) provision. (and, of course, there is total deniability by the AG and anyone else if it is too embarrassing) Before giving you the details, I just...
Slowly, more and more New York charities are finally waking up to NYPMIFA (see older posts if you are wondering what NYPMIFA or UPMIFA are – see my category listing for Endowments). By waking up, I don’t mean the joyful hoping out of bed type of waking up. I know this because of the questions...
As the dust settles over the unexpected, and somewhat shocking, estate and other tax law changes thrust upon us in December 2010, the nonprofit fundraising world now has figure out what does it all mean for our development programs? And, give credit to the New York Times for reaching out to some of the sages...
I know I promised a NY Times/WSJ style article to my blogosphere readership – that will take a few days. In the meantime, I came across an interesting presentation that is worth sharing. While looking at my cluttered computer desktop last night, I opened a presentation that I gave to the Philanthropic Planning Group of...
President Obama Proposes to Tax Charitable Giving by the Wealthy?