The IRA Charitable Rollover expired January 1, 2012. This provision allowed donors age 70½ to exclude from their taxable income any IRA funds up to $100,000 that had been withdrawn and transferred to a charity when filing a tax return.
"I rely on the Charities Review Council to keep me in tune with best practices and upcoming trends in the philanthropic sector. I know I can always turn to the Council as a trusted and reliable source with any question or concern on nonprofit giving and accountability."
Our 2015 Annual Forum is September 22, 2015. Mark your calendars and watch for more information.
Four cancer charities have been accused of using dishonest means to solicit funds from donors and filing misleading financial statements that inaccurately portray the amount of funds spent towards fundraising and administrative costs. The case of fraud is often preventable and serves as a reminder for why the Accountability Standards® are so important.