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July 07, 2017

Daily News Roundup: Congress Moves to Restrict IRS Oversight of Nonprofit Politicking

Spending Bills Aim to Limit Oversight of “Dark Money” Nonprofits: Two budget measures introduced by House Republicans include language to prohibit the Internal Revenue Service from using appropriated funds to scrutinize political activity by 501(c)(4) “social welfare” groups that have become major conduits for campaign cash, the International Business Times reports.

Hobby Lobby Smuggling Fine Could Cast Pall Over New Museum: Antiquities scholars tell The Washington Post a federal settlement ordering the retailer to pay $3 million for illegally importing ancient artifacts is a blot on the soon-to-open Museum of the Bible funded and stocked in large part by the company’s owners, the Green family. The Washington, D.C., museum said the items named in the case were not part of its collection and that it follows museum-industry standards on acquisitions.

Annenberg Foundation Cultivates Philanthropy in L.A. Tech Scene: Cinny Kennard, executive director of the $1.4 billion Southern California grant maker, talks to PC Magazine about Annenberg’s efforts to boost civic engagement and nonprofit ties among leaders of the region’s fast-growing technology industry and to foster tech-focused social projects.

Experts Question Investments by U. of Louisville Foundation Leaders: A recent audit of the scandal-tarred campus nonprofit shows board members and officers put their own money into companies in which the foundation invested, moves ethicists say raise red flags for conflict of interest, according to the Louisville Courier-Journal.

Federal Ethics Chief Joins Nonprofit Watchdog Group: Walter Shaub, who as head of the Office of Government Ethics clashed with President Trump on issues such as ethics waivers for administration officials and the president’s business interests, is leaving the post for a job with the Campaign Legal Center, a nonprofit that monitors campaign finance and ethics in government, the Associated Press reports.