"Tax Exemptions of Charities Face New Challenges"

The New York Times led Monday's edition with this Stephanie Strom story on tax-exempt non-profits facing greater scrutiny all over the country. There was no mention of the USGA or PGA Tour, but I suspect they noticed the story in Far Hills and Ponte Vedra.

Authorities from the local tax assessor to members of Congress are increasingly challenging the tax-exempt status of nonprofit institutions — ranging from small group homes to wealthy universities — questioning whether they deserve special treatment.

One issue is the growing confusion over what constitutes a charity at a time when nonprofit groups look more like businesses, charging fees and selling products and services to raise money, and state and local governments are under financial pressure because of lower tax revenues.