funding
Mar. 10, 2022 6:30 am
How could Philly’s PILOT (Payments in Lieu of Taxes) program get better?
17% of Philadelphia's real estate value is exempt, leaving almost $500 million untapped. Consider a case study from Boston on improving the program.
purpose
Apr. 5, 2021 9:13 am
Opinion: The call for PILOTs is a call for wealthy nonprofits to invest in justice rather than charity
PILOTs have the power to "shift wealth from powerful and privileged institutions to the neediest and most marginalized communities," says guest columnist Angela Chan.
purpose
Nov. 19, 2020 11:00 am
UPenn will be contributing $100M to Philadelphia’s school district over the next 10 years. But is that enough?
It's a start, say PILOTs advocates, but short of the $40 million a year the university would owe if it paid property taxes.
purpose
Sep. 23, 2020 11:53 am
UPenn faculty calls on board of trustees to reverse their position on PILOTs at meeting tomorrow
More than 1,000 faculty and staff members are urging Penn to pay 40% of what it would owe in property taxes to the Philadelphia public schools as a matter of social, economic and racial justice.
results
Mar. 26, 2015 11:49 am
PA Auditor General Holds Meeting in Philly on Debate Over Nonprofit Tax-Exempt Status
Auditor General Eugene DePasquale at City Hall Pennsylvania’s Senate passed a bill last month proposing to amend the state constitution to give the General Assembly full power to define a purely public charity, which gives nonprofits tax-exempt status. Currently, the courts have the power to determine if a nonprofit qualifies as a purely public charity […]
results
Dec. 2, 2014 1:28 pm
Biz Journal: Radnor Township Wants 3 Nonprofit Colleges to Pay Up
Villanova University campus. Photo via Flickr user Vallanova Law Library. This post originally appeared in the Philadelphia Business Journal here. Radnor Township officials want Villanova University, Eastern University and Cabrini College to start paying up. The Inquirer recently reported that all three higher education institutions, which sit on some of the highest-valued land in Radnor, […]
results
May 10, 2013 8:00 am
Understanding the Debate Around Nonprofit Tax-Exempt Status, PA Act 55, and PILOTS
City Council Member Bill Green has proposed two bills that would impact the nonprofit sector. One would require nonprofits to file an annual report outlining their benefit to the community. The other would tax commercial activity by nonprofits that is outside of their stated mission, a classic example being a gift shop located inside a […]