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"Some college administrators seem so distracted with fund raising, academic infighting, and community initiatives that they set up their emergency communications departments very poorly. Training is poor to nonexistent, secretaries are pressed into service with tremendous responsibilities for running 'notification systems' 24/7 and on weekends because no one else knows how to do it and the administration won’t pay for additional staff. Procedures are seat-of-the-pants and dependent on HIPPO (highest paid person’s opinion), except when something like Virginia Tech happens and there is some sort of scramble to do something different." --Donna
Most Colleges Avoid Risk Management, Report Says
U. of Georgia Paid 2 Fraternities $2.4-Million to Relocate, Contracts Show
The two were among five that houses on property where the university plans to build new academic facilities.
New Allegations in Admissions Controversy at U. of Illinois Suggest Ex-Provost Played a Role
Linda P.B. Katehi, the incoming chancellor of the University of California at Davis, has insisted she knew nothing of the admission of politically connected applicants at Illinois.
Sonoma State U. Foundation May Lose $350,000 on Loan to Former Board Member
The foundation will be forced to issue fewer scholarships in the 2010-11 academic year because of a diminished endowment, a university official said.
Court Overturns $2-Million Verdict for Former Coach at U. of Louisiana-Lafayette
The coach, one of the few African-Americans in big-time college football, was fired after three losing seasons. He sued, saying he had been dismissed because of his race.
The notorious vermin have forced Colorado State University at Fort Collins to cancel its annual Great Sofa Roundup, which allows students to donate unwanted couches.
College Suspends Student for Working in Gay Pornography | 58
President Obama's Visit to Notre Dame Carries Barely a Hint of Controversy That Preceded It | 58
Drug Sting Nabs 21 Students at U. of Illinois | 57
Faculty Members and Union Protest Staff Layoffs at Temple U. as 'Cruel' | 57
North Dakota Board's Vote Puts 'Fighting Sioux' Mascot on Thinner Ice | 57
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August 20, 2008
IRS Releases Final Instructions for New Tax Form for Nonprofit Groups
Washington — The Internal Revenue Service has finished the long process of revising the Form 990 with the release on Tuesday of the final instructions for the tax document, which is filed annually by nonprofit colleges, foundations, and other charitable organizations. The overhaul is the first major set of changes for the form since 1979.
Some nonprofit officials had complained about aspects of the draft instructions, which were released in April. While the IRS bent a bit, modifying rules relating to the reporting of executive compensation, most of the draft language remained intact, The Chronicle of Philanthropy reported.
In the past, institutions were required to describe the pay and benefits received by their chief executives and their five other highest-paid officials. The new form, however, will scrutinize all officials earning more than $150,000 a year who also control 10 percent of an organization’s activities. Information will be required about a maximum of 20 highest-paid officials.
Charity watchdogs praised the new instructions for seeking more disclosure about potential conflicts of interest between nonprofit officials, donors, and recipients of services. —Paul Fain
Posted on Wednesday August 20, 2008 | Permalink |Comments
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The new earnings reporting threshold should have been lowered, not raised, since much nonprofit executive pay seems overly generous by some and excessive by many (such as United Ways, Community Foundations, large and small nonprofits with moderate-size staffs and budgets but well-paid execs, etc.). Allowing well-paid nonprofit execs to fly under the accountability radar conceals the truth—that nonprofits are a thriving and for some, lucrative, sector—while allowing nonprofits to claim poverty to attract donors.
— Drew in Georgia (USA) Aug 20, 04:53 PM #