The Internal Revenue Service may be preparing to revisit whether certain types of nonprofit sponsorship revenue should be considered taxable unrelated business income. While the IRS has taken no definitive steps in that direction, experts say nonprofit organizations and their corporate partners should be alert to the possibility of a review of the safe harbor for some sponsorship benefits and, more immediately, be aware of the government’s recent heightened scrutiny of sponsorship activity
Corporate Philanthropy
Cause Marketing a dirty little secret: most nonprofits are taxed on their partnerships with sponsors
July 23rd, 2010
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International Corporate Philanthropy Day: February 22
February 22nd, 2010
We don’t usually publish press releases but this is one is informative and OK!
CECP Leads International Corporate Philanthropy Day
With new impacts measurement research and a convening of over 50 leading global CEOs
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H.J. Heinz Company Foundation Partners with World Food Program to Fight Malnutrition in Bangladesh
September 2nd, 2009
$350,000 grant to produce comprehensive strategy for reducing hunger and malnutrition
PITTSBURGH – The H. J. Heinz Company Foundation announced today that it will sponsor a nutrition-mapping project conducted by the World Food Program (WFP) in Bangladesh, which will result in a comprehensive strategy for addressing that country’s nutritional deficiencies in an efficient and sustainable manner.
The H. J. Heinz Company Foundation is supporting the project in the first year with a grant of $350,000, as well as in-kind technical assistance.
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Value is the only commonality in an increasingly complex, challenging and interdependent world.