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PGA Tour’s Nonprofit Status Complicated By LIV Merger

Concerns have been raised regarding the future of the nonprofit PGA Tour following its proposed merger with for-profit LIV Golf, supported by Saudi Arabia’s Public Investment Fund, as reported by The Nonprofit Times and The Washington Post. Despite its intentions to maintain its nonprofit status, this proposed merger has led to an inquiry from the U.S. Senate into potential indirect benefits for a foreign government from U.S. tax provisions designed for nonprofits. H.R. 3908, or the No Corporate Tax Exemption for Professional Sports Act, was introduced by Rep. John Garamendi (D-California) to exclude such organizations from tax-exempt status in the future, as reported by The Nonprofit Times. The PGA Tour, a 501(c)(6) organization, primarily serves its member’s benefits, generating a revenue of $1.6 billion in 2021 against liabilities of $3.3 billion, with a notable share going toward player payouts and charity. The proposed merger aims to “unify the game of golf” globally by creating a new commercial entity encompassing the golf-related businesses of both the PGA Tour and the PIF, including LIV. However, the precise impact on the nonprofit’s operations remains uncertain, particularly given the substantial investment promised by the PIF, even though the PGA Tour is set to appoint the majority of the new entity’s board, with its current commissioner, Jay Monahan, expected to become the CEO. Overarching concerns about the merger raise serious questions about the susceptibility of American and other international sports leagues to sport-swashing efforts by countries with poor human rights records.

 

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Shootings on Juneteenth weekend leave at least 12 dead, more than 100 injured |  cbsnews.com IRS Chief Counsel Memorandum Places Nonprofit NIL Collectives at risk…| Lexology DOE Sets Aside $45 Million in Grants For Nonprofit Building Energy … |The NonProfit Times

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Fight Over Phonics Forces Curricula Revisions In Number Of U.S. Schools

Lucy Calkins, an education professor and creator of the popular “Units of Study” curriculum used by a quarter of U.S. elementary schools, has significantly revised her approach to early reading instruction, as reported by The New York Times. In response to mounting criticism from parents and educators who promote the “science of reading” and an increased focus on phonics, Calkins has overhauled her curriculum to include daily structured phonics lessons and more rigorous texts, swapping out light reading assignments. The revised curriculum, due for release this summer, also includes a 20-page guide summarizing 50 years of cognitive research on reading. Calkins has traditionally championed “balanced literacy,” which emphasizes thematic exploration and personal choice in reading, over phonics-focused approaches. Her shift reflects a growing consensus on the importance of phonics in early reading education, with brain science and educational policies increasingly favoring this method. Critics of Calkins suggest that her previous approaches have contributed to a literacy crisis in America and critique her singular influence on literacy education, although assessments of her methods’ effectiveness have been mixed.

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Turned Away and Left at Sea  |  nytimes.com ProPublica Adds More Than a Million New Records to Nonprofit Explorer For the First Time Ever, Human Rights Campaign Officially Declares ‘State of Emergency’ for LGBTQ+ Americans; Issues National Warning and Guidebook to Ensure Safety for LGBTQ+ Residents and Travelers  |  Human Rights Campaign

 

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SWAT Raid On Cop City Bail Fund Organizers Criticized By Activists

The Atlanta Solidarity Fund, a nonprofit that offers bail and legal support to activists, has seen three of its board members arrested on charges of “money laundering” and “charity fraud,” according to reporting by The Intercept and others. The arrests were carried out by the Atlanta Police Department SWAT and the Georgia Bureau of Investigation. The fund, part of the registered nonprofit Network for Strong Communities, also provides grants for anti-repression work in Atlanta. This incident marks the first time bail funds and legal support groups, traditionally important in social justice movements, have been targeted in this manner. The impact of these arrests on the operation of the fund and the larger legal ramifications for similar organizations remain uncertain, but the arrests, which involved armored vehicles and a helicopter, were seen as an attempt at intimidation by activists.

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AI chatbot for National Eating Disorder Association taken offline  | Fortune Well Churchill Downs, Home Of The Kentucky Derby, Shutting Down In Wake Of Horse Deaths – Deadline Big companies from PepsiCo to GM still backing Pride  |  Fortune 

 

 

 

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Debt Ceiling Compromise Means Cuts to Assistance

The recent debt ceiling deal in the US Congress includes a significant shift in the funding for the Supplemental Nutrition Assistance Program (SNAP). The program’s funding will move from a contingency fund to the regular budget, potentially providing more stability. However, some advocates worry that this change could make it easier for Congress to cut SNAP funding in the future. The deal also alters the way SNAP benefits are calculated, which may lead to some households receiving less assistance. Additionally, the agreement will gradually increase age limits for work requirements, reaching a maximum age of 54 by 2025, but this provision will expire in 2030. The article highlights the importance of the SNAP program shift as a result of the debt ceiling deal.

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Democratic Inputs to AI | openai.com  Microsoft Reveals New AI Capabilities For Nonprofits | Nonprofit Technology News US charges two over China-backed plot against Falun Gong | l Jazeera

 

 

 

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New Bill Could Increase Nonprofit Charitable Donations

“The Charitable Act,” a new bill in Congress, was introduced on January 24, 2023, by Senators James Lankford (R-OK) and Chris Coons (D-DE). As reported by The Nonprofit Times explains that the bill would allow anyone who donates to a charity to benefit from both the standard deduction and the charitable deduction. This would be a significant change from the current tax code, which only allows taxpayers who itemize their deductions to claim a charitable deduction.

The bill has the support of a number of nonprofit organizations, including the National Council of Nonprofits and the Charitable Giving Coalition. If the bill is passed, it could lead to increased charitable giving, which would benefit all nonprofits.

The bill is currently being considered by the Senate Finance Committee. If the bill is passed by the Senate, it will then go to the House of Representatives for consideration. The bill has a good chance of passing both chambers of Congress and being signed into law by President Biden.

The passage of “The Charitable Act” would be a major victory for nonprofits and would help them to continue their important work in communities across the country.

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Adidas to sell Yeezy shoes and donate proceeds months after Kanye West split | AP NEWS Nonprofits Endaoment.org, GlobalGiving Strike A Crypto Deal | The NonProfit Times  Former Urban League president files lawsuit against nonprofit alleging retaliation | WHAS11.com 

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New York Times Investigation Finds Nearly $89 Million Raised Via Robocall Self-Enriching Scheme

 

A New York Times investigation has found that a circle of conservative nonprofits, consultants, and shell companies together formed a self-enrichment scheme. Nonprofits loosely construed around conservative causes including The American Police Officers Alliance used aggressive robocall tactics to solicit small-dollar donors that raised $89 million. However, the investigation uncovered that a mere $826,904 of the amount raised went to the organizations’ purported campaigns—the rest went to the companies and consultants that ran the robocalls. The detailed investigation zeroed in on 3 Republican political consultants who together appeared to be the glue that kept the machine going. The organizations in question were registered IRS 527 groups and as such had a responsibility to file with the IRS. Multiple groups used human-sounding robocalls that, with the burgeoning consumer AI industry, may become even more realistic and responsive.

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F.D.A. Eases Ban on Blood Donations From Gay and Bisexual Men  | Nytimes.com Elon Musk Defends MrBeast Against Criticism for Helping Deaf People | Insider  2023 World Press Freedom Index – journalism threatened by fake content industry | rsf.org  Bard by Google is live  – be aware… wholewhale.com/ai  Coastal Duck Derby supports local nonprofit | Port City Daily

 

 

 

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