By D. White
Nonprofit corporations carry a different position in society because the nation's moral area. They advertise provider, goodwill and kindness and serve to raised humanity. like every company, notwithstanding, they could additionally adventure moral indiscretions. the crowd of enterprises whose sole goal during this international is to be reliable and to unfold that reliable has but to completely shape an operational code of ethics--a code that promotes humanity as purely the nonprofit region can. Describing the demanding situations dealing with latest charities, Doug White explains how nonprofits needs to reconsider their dedication to their position in society. This corrective trip can function a job version for all of the for-profit companies in addition to the govt. region. through reexamining the enterprise of philanthropy with a brand new and ethics-based frame of mind, nonprofits can push themselves to be their best possible and proceed to make the area a greater position.
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Extra info for The Nonprofit Challenge: Integrating Ethics Into the Purpose and Promise of Our Nation's Charities
In the glare of increasing public scrutiny, should charities be worried about their reputations? com - licensed to ETH Zuerich - PalgraveConnect - 2011-04-01 The Public’s View 24 The Nonprofit Challenge because media accounts have become both more numerous and more critical. com - licensed to ETH Zuerich - PalgraveConnect - 2011-04-01 When you compare the story about the Stanford gift in the 1890s and the ones reporting on the mega-gifts of the early twenty-first century—such as Dorothy and Donald Stabler’s $334 million bequest to Lehigh University, and Helen Kimmel’s $156 million gift to New York University’s Medical Center13 —it may seem that not much has changed in the way the public hears news of philanthropy.
Where was the self-regulatory fervor of the nation’s foundation trade associations? Maybe the foundation sector leaders missed the Capital Athletic Foundation because Jack Abramoff failed to join their organizations and sign their statements of ethical standards. 10 * * * Then there were Tareq and Michaele Salahi, the couple who, despite not being among those on the guest list, showed up at President Obama’s first state dinner in November 2009. Regardless of whether they were actually gate-crashers, these people used charity to enhance their own reputations—reputations that had been built not on hard work and good deeds, but mainly on trying to glide through society’s more elite circles.
After a charity is approved at the state level, it then must apply to the federal government—to the IRS—for its tax-exempt status. The approval process is slightly arduous; the application is a little more lengthy and complicated than a personal tax return. Usually a charity waits several months before receiving its tax-exemption letter. The wait will almost always be worth it, however. The IRS has the easiest grading system in the universe. All the IRS looks for, in reality, in addition to the proper corporate structure, is that the organization is doing something approved as a charitable activity.