Pinboard: bookmarks for jannon tagged 'nonprofits'

Drs. Julian and Raye Richardson Apartments - Multifamily - Architect Magazine

the residents still pay rent--up to 50% of income--but the landlord is a nonprofit, so potentially entirely tax-exempt. I wonder what oversight there is to insist that the rental income goes to building maintenance and security.

housing sanfrancisco anti-homelessness activism charity nonprofit nonprofits
january 2012 by jannon

copy to mine

Grassley: Tax Arbitrage by Colleges and Universities Raises Questions

“This report finds that the majority of tax-exempt bonds are held by schools that have large investment assets. These schools are using their tax exemption to amass investments, receive tax-deductible donations, and float tax-exempt bonds. These benefits are unique to tax-exempt entities. The federal government forgoes the revenue from tax-exempt entities in exchange for the social benefit from these institutions. This report raises questions for parents, students, and taxpayers about universities’ issuing bonds and going into debt when they have money in the bank. Issuing bonds costs money on interest and management fees. Does the expense of debt service take money away from student aid or academic service? Do bond issuances occur even as universities raise tuition and build investment assets? These are further questions to explore.” (not to mention the issue of whether per-year student costs approaching $50,000, requiring combination of grants, loans, wages, etc, serve public)

academia academy arbitrage assets benefit bonds capital chuck.grassley class debt.service delicious-export donations interest investment iowa nonprofit nonprofits organizations power private republicans schools service.of.wealth social student.loans students tax-exempt taxation taxes
may 2010 by jannon

copy to mine

CityWatch - An insider look at City Hall - LAUSD Plan Good for the Mayor, Not the Public

more privatization of everything: villaraigosa's wants LAUSD to give all newly constructed school buildings and those of up to 200 failing schools over to various charter school orgs. "Teresa Feldman, a parent whose children attend LAUSD schools and who serves on the Mid City West Neighborhood Council and works as a district aide, contends that the district was not mandated to build new schools through ballot measures to hand them over to charters and non-profits. Bond measures were passed to construct new schools for some of the neediest populations and she wonders if this action is even legal. Charters, she argued, may refuse some students who live in surrounding neighborhoods . . . 'If the district had intended to hand the newly constructed schools over to charters, they should have spelled that out in the bond measures. Imagine . . . you watch the construction for years, and then . . . it's being given away to some outside organization, and they may or may not take you.'

ballot.measures bond.measures bonds charter.schools children city.hall citylife citywatch control decentralization delicious-export democracy education equality equity governance lausd legality losangeles mandate neighborhood.councils neighborhoods nonprofits parents pedagogy privatization public schools standards students transfer villaraigosa
august 2009 by jannon

copy to mine

Del Rey Homeowners and Neighbors Association

"The Del Rey Homeowners & Neighbors Association is unusual in welcoming renters to full membership in the Association. Yet, the local homeowners have long been the solid core that keeps our community the attractive place that it is. We view it as an achievement every time that a local resident is able to advance economically to join the ranks of homeowners." founded 1972--wonder how much of this is related to ramp up to jarvis/prop 13/"property tax revolt" of 1978?

1970s 1972 advocacy associations community culver.city del.rey delicious-export homes interest la.ballona local losangeles marina.del.rey nonprofits ownership places politics power property westside
july 2009 by jannon

copy to mine