Foundation Group

Spending Money on Overhead is OK, Says 3 Top Nonprofit Oversight Groups

Greg McRay — Mon, 17 Jun 2013 16:06:31 +0000

Just this morning the CEOs of Guidestar, Charity Navigator and BBB Wise Giving Alliance released a co-signed letter calling for an end to what they call “The Overhead Myth”. This marks the first time the three leading nonprofit information providers have come together for a joint message and it is this: The point of this [...]

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Great Resource for Nonprofit Websites Now Available

Greg McRay — Tue, 04 Jun 2013 22:52:43 +0000

Does your nonprofit need a better website? Or maybe you don’t have one at all, but wish you did? What if someone created a way to do-it-yourself, simply, at very little cost? Interested? Then I’ve got something you need to check out. www.donationgandhi.com Donation Gandhi is the creation of my friend and fellow C12 Group [...]

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Sources Point Cincinnati’s Fox19 News To IRS Employee Cindy Thomas

Greg McRay — Fri, 24 May 2013 20:10:34 +0000

Fox19 News in Cincinnati, Ohio has been digging deeply into the current IRS scandal. More than any national news source, they seem to putting together the puzzle pieces in a way that makes the most sense to those of us who understand how the IRS Exempt Organizations division works. Sources within the IRS office have [...]

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IRS Exempt Organizations Director To Plead Fifth

Greg McRay — Wed, 22 May 2013 03:03:22 +0000

It is a shocking development in a story that continues to explode. Lois Lerner, the Director of the Exempt Organization’s unit at the Internal Revenue Service, who is scheduled to appear before Congress tomorrow morning, has said through her lawyer that she will invoke her rights under the Fifth Amendment against giving incriminating testimony. Her [...]

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The First Head Has Rolled!

Greg McRay — Wed, 15 May 2013 22:54:26 +0000

Breaking News! – 6:45 pm (EDT), May 15, 2010 The first head has been chopped off in the unfolding IRS scandal. President Obama just announced the resignation of IRS Acting Commissioner Stephen Miller. Who’s next?

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Scandal At The IRS: What Does It Mean For Nonprofits?

Greg McRay — Wed, 15 May 2013 16:14:36 +0000

That’s the question everyone in our universe is asking this morning. With the IRS Exempt Organizations division in the crosshairs, what will all this mean to nonprofits going forward? It’s hard to guess until we see how explosive this gets. What we do know is outrageous. EO Revenue Agents working in the Cincinnati, DC and [...]

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IRS Guilty of Targeting Conservative Groups

Greg McRay — Mon, 13 May 2013 21:12:58 +0000

So, it turns out that the IRS Exempt Organizations division has been targeting for intense scrutiny conservative and right-leaning nonprofits which were applying for tax exempt status. This was admitted in an preemptive apology by Exempt Organizations director, Ms. Lois Lerner, in a news conference this past Friday. Ms. Lerner also stated that this was [...]

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Foundation Group Welcomes Aplos Software As Referral Partner

Greg McRay — Wed, 17 Apr 2013 20:41:35 +0000

It is with great pleasure that we announce our newest referral partner, Aplos Software. Aplos is an IRS certified e-file provider for Form 990-EZ and Form 990-N services. They were looking for a partner to assist their clients that have found themselves on the receiving end of an IRS tax-exemption auto-revocation. Given Foundation Group’s extensive [...]

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White House Advocates for Mandatory Form 990 E-File

Greg McRay — Thu, 11 Apr 2013 16:58:32 +0000

In President Obama’s recently released budget, the White House is asking legislators to pass a law mandating electronic filing for IRS Form 990. The request asks for any legislation to include a 3-year phase-in period. Currently, only those nonprofits with more than $10 million or more in assets are required to file electronically. Approximately 50% [...]

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Foundation Group Posts Record First Quarter

Greg McRay — Wed, 10 Apr 2013 16:51:36 +0000

Foundation Group celebrated it’s 17th birthday last September. As the founder, I can tell you it is hard to believe that much time has passed already. As the cliche says, “Time flies when you’re having fun.” “Fun” may seem like an unlikely word to describe what we do, but it really does apply. Yes, it [...]

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