NPQ's Nonprofit Newswire
Oxfam report finds $10.8 trillion in annual unpaid women’s labor, will the IRS police nonprofits masquerading as churches?, rural jails now lock people up twice as much as urban ones, and more!
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** More Foundations Are Opting Out of Perpetuity—So What? ([link removed])
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Is today’s trend toward time-limited philanthropy a necessary course correction for the field, or an effort by plutocratic elites to grow their power and influence in the present?
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** $10.8 Trillion of Unpaid Care Work: Oxfam Says Wealth Taxes are the Answer ([link removed])
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Released in advance of the World Economic Forum’s meeting of elites in Davos, Switzerland, this year’s Oxfam wealth inequality report focuses on the value of unpaid, largely female, labor.
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** Religious Nonprofits Evade IRS Disclosure Rules by Claiming “Church” Status ([link removed])
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Places of religious worship like churches face fewer IRS disclosure rules than other nonprofits. However, groups that skirt the rules to claim “church” status risk IRS ire.
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** Geography of Incarceration Shifts from Urban to Rural ([link removed])
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Rural jails now lock up people at a rate more than double that of urban areas.
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2019 Evergreen Prize Winner Announced! ([link removed])
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** White House Belatedly Releases Funds to Puerto Rico—with Conditions ([link removed])
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It literally took a set of earthquakes to get funds long ago allocated by Congress to Puerto Rico. But even now, many conditions are being placed on their use.
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** Climate Protests Lead BlackRock to Initiate Green Shift in Investment Policy ([link removed])
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BlackRock, the world’s largest investment firm, with nearly $7 trillion in assets under management, says that the climate crisis will force a “fundamental reshaping of finance.”
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