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InTrust-now.jpg July 31, 2009

The new Form 990 IRSbuilding.jpg

The new IRS Form 990 is a "daunting new hurdle," according to In Trust Governance Mentor Dorothy Ridings. And it's not just for the CFO to worry about, because the new section on governance involves the board.

That's why the IRS has posted 11 frequently asked questions about the new form, along with answers. We've linked to them here.

But you'll also want to take a look at the Summer 2009 issue of In Trust magazine, which includes an article on the new form. 

And enjoy the rest of the summer. As you prepare for the beginning of the school year, so does the staff of In Trust. We're working on your Autumn 2009 issue, which will include the story of a school that's turned itself around after a financial nightmare.

Jay Blossom
Editor, In Trust Now

Read more about the Form 990... 


Thinking about mergers and alliances

The broader nonprofit sector is looking at mergers and affiliations as a way to reduce costs and further organizational mission. The Web site onPhilanthropy explains why some nonprofits are considering joining forces.

Read more... 


Streamline your board reports

dashboard.jpg 

One way to make dashboard indicators easy to understand is to color-code them using the familiar red, yellow, and green of a traffic signal.

Read more...


The recession's impact on Christian nonprofits 

The Christian Leadership Alliance recently released a report on the effect that the current economic downturn is having on evangelical parachurch organizations, denominational offices, camps, and other nonprofits.

Read more...


Anonymous gift? Be careful! 

In May, the New York Times published a letter by Dorothy Ridings (who is a longtime member of the board of Louisville Presbyterian Theological Seminary and an In Trust Governance Mentor) warning of the possible dangers of nonprofit organizations accepting donations from completely anonymous donors.

Read more...


Greensboro College offers campus as loan collateral 

Greensboro College, a Methodist liberal arts school in North Carolina, has offered its entire campus and its $12 million endowment as collateral on a loan. The college owes Bank of America $16 million.

Read more...


More news and comment for leaders in theological education  

Visit the In Trust Blog homepage...

Is your institution a member of In Trust for this year?

In Trust's members enjoy

  • discounts on all our products and services
  • additional magazine subscriptions
  • access to the members-only section of our Web site
  • a free Governance Helpline

Email membership@intrust.org for more information.

Good Governance 50% Scholarships

Each scholarship covers half the cost of any of our assessment packages, which include the guidance of a Governance Mentor and the use of an assessment instrument.

Email mentorservices@intrust.org for more information.   

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