CASE Encourages Educational Institutions to Review Political Activity Rules
Article With U.S. elections approaching in November, CASE encourages members to review the "political activity" rules for charitable organizations.

College, University Foreign Gift Disclosure Reports Due on July 31
Article U.S. colleges and universities that have received charitable gifts of $250,000 or more from foreign sources in the last six months must file a disclosure report with the U.S. Department of Education.

CASE, Other Higher Ed Associations Launch Online Compliance Resource
Article Campus administrators and others charged with making sure their institutions comply with U.S. federal laws and regulations now have access to an online resource that aggregates compliance news and resources from 20 higher education associations.

Landmark Ruling for UK Independent Schools Council
Article A high court judgment passed last week in London signifies victory for the UK's Independent Schools Council, says Kate Hunter, executive director of CASE Europe.

Reminder: College, University Foreign Gift Disclosure Reports Due on July 31
Article U.S. colleges and universities that have received charitable gifts of $250,000 or more from foreign sources in the last six months must file a disclosure report with the U.S. Department of Education.

IRS: 275,000 Organizations Lose Tax-Exempt Status
Article On June 8, the Internal Revenue Service announced that 275,000 tax-exempt organizations have automatically lost their tax-exempt status for failure to file required annual information returns for three consecutive years. The list includes some local alumni association chapters, institutionally related foundations and fraternities and sororities.

New IRA Charitable Rollover Resources Available
Article In December 2010, President Barack Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (H.R. 4853), a bill that includes a two-year, retroactive extension of the IRA charitable rollover through Dec. 31, 2011. To help independent schools, colleges, universities and their foundations spread the word and encourage donors to consider IRA charitable rollover gifts, CASE has posted two new resources on its website–a sample promotional flyer and a transfer instruction letter template.

Brussels Court Makes Landmark Ruling on Foreign Donations
Article A recent ruling by a Brussels court on cross-border donations will “make it easier” for universities in the United Kingdom and other European Union countries to solicit foreign donations.

IRS to Continue Scrutiny of Colleges and Universities in 2009
Article The Internal Revenue Service will continue to closely examine the activities of colleges and universities next year.