Acton Institute Powerblog Archives

Post Tagged 'Nonprofit organization'

Facebook and the Institutional Forms of Social Good

Over at Think Christian, I take a look at the Chan Zuckerberg Initiative and derive a lesson from Jesus’ interaction with the rich young man in Mark 10. A basic lesson we can take from the decision to organize the initiative as an LLC rather than a traditional non-profit corporation is that pursuing social good is possible in a wide variety of institutional forms. Continue Reading...

IRS Back-Door Enforcer of Shareholder Activists’ Agenda

I’m not entirely sure, but it seems a safe bet that Chicago bluesman Willie Dixon wasn’t referring to the Internal Revenue Service when he wrote his classic “Back Door Man.” But, as it turns out, the IRS is serving as a convenient back-door resource for the progressive movement to name and shame donors to causes and organizations opposed by leftist shareholder activists. Continue Reading...

Charitable Hospitals To Be Fined Under Obamacare

A new provision under Obamacare will fine tax-exempt hospitals via the Internal Revenue Service: A new provision in Section 501 of the Internal Revenue Code, which takes effect under Obamacare, sets new standards of review and installs new financial penalties for tax-exempt charitable hospitals, which devote a minimum amount of their expenses to treat uninsured poor people. Continue Reading...