April 1, 2014 . . . Blue Avocado is in secret merger talks with the Red Cross, Greenpeace,Yellow Ribon Fund, Purple Heart Foundation, American Black Film Festival, and Brown University. "At last, there will be a place where wounded veterans can make films about college students eating guacamole in disaster areas," said a spokesman.
"You can fool some of the people all of the time," said circusman P.T. Barnum famously, "but you can only fool all of the people on April Fool's Day." Here are the winning entries in our contest for stories "impacting" the nonprofit sector today. -- Susan Sanow and Jan Masaoka
IRS Announces Recall of Section 501(c)(3)
From Paul Sussman, Tenderloin Neighborhood Development Corporation, San Francisco
The Internal Revenue Service announced today the recall of Section 501(c)(3) of the Internal Revenue Code due to "unwieldy and inconsistent requirements" that can cause "extreme inconvenience, high operating costs, and in rare cases, . . . Read more