Blogs

What should I know about Donor-Advised Funds?

What is a donor-advised fund (DAF)?
According to the IRS, a donor-advised fund is an account of contributions made by individual donors but maintained and operated by a sponsoring 501(c)(3) organization. Once the donor makes a contribution, the sponsoring organization has legal control over it, but the donor retains advisory privileges with respect to the distribution of funds and the investment of assets in the account.

Great Authors Reading Great Books to You

A Bad Case of Stripes

The Screen Actors Guild has some of its stars reading some great kids books. See Sean Asten (Sam Gamgee of “The Lord of the Rings”) read A Bad Case of Stripes by David Shannon, see Golden Girl Betty White read Harry the Dirty Dog, by Gene Zion, and many more.
See all the readings at: http://www.storylineonline.net/

 

Central Library Has Closed

Central Library Changing Hours in August

IRS Offers Free Phone Forums for Tax-Exempt Organizations

Blue IRS logo

The IRS is hosting a series of free conference call discussions on 501(c)3 related subjects. Topics include tax rules for volunteers, filling out Schedule K, and how to maintain tax-exempt status. Space is limited; registration is required.

Charities and their volunteers
July 17, 2 p.m., EDT
Tax rules that come into play in the sometimes complex relationships between charities and their volunteers.

Fade Into You: Tulsa's Absorption Of The Small Place

tulsa ghost towns

In his Tulsa Tribune article, "Some Tulsa County Towns Are Only Faded Memories," Jim Downing pointed out that before Tulsa County was the City of Tulsa and everything else, the city was just a small part of everything else. Initally, the everything else consisted of small places that provided goods and that were spaced at convenient distances , allowing those travelling by team and wagon to make the roundtrip during daylight hours. Later, settlements sprang up along the railroad line as it expanded. Over time, many of these places ceased to exist, at least officially. 

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