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On June 14 the IRS released a draft of a major revision of the Form 990. The new 990 draft  proposes significant changes to the ways in which exempt organizations will report information on finances, fundraising activities, governance, executive and board compensation, and program services.

The IRS is asking for comments by September 14.

APVOFM will be commenting on the report and asks that members share their comments and concerns with us so that we may incorporate your concerns into our letter.  It is critical that we provide thoughtful feedback on the draft to ensure that any new form is useful and relevant for our own organizations, for government officials responsible for oversight and enforcement, and for the public at large. Please send your comments to info@apvofm.org.

USAID proposed a new Partner Vetting System (PVS) to ensure that "neither USAID funds nor USAID-funded activities inadvertently provide support to entities or individuals associated with terrorism,"  Written comments on the proposal are due August 27, 2007.  APVOFM will submit comments and suggests that members do the same.  Please send us any thoughts you would like incorporated in our response. Click here for the public notice that appeared in the July 17, 2007 Federal Register.

The F Bureau has posted a summary of its FY08 after action review online here:  http://www.state.gov/f/releases/factsheets2007

USAID Administrator Tobias Resigns

Click here for an article from The Washington Post.

Click here for an article from The LA Times.

Read USAID Administrator Tobias's comments on foreign assistance reform and the FY2008 foreign operations budget during an address at the Center for Strategic and International Studies: http://www.usaid.gov/press/speeches/2007/sp070205.html

Read Briefing by Administrator Tobias's Briefing on the FY2008 Budget http://www.usaid.gov/press/speeches/2007/sp070205_2.html

USAID's Office of Acquisition and Assistance is asking for comments on newly proposed reporting forms for development-focused budget line items (DFB), management approaches, award monitoring plans and progress reports currently under consideration by USAID. For more details contact info@apvofm.org

Updated “Anti-terrorist Financial Guidelines issued by Treasury on September 29, 2005: The “Guidelines” were originally issued in November 2002 and revised in December 2005 to assist charitable organizations in complying with Executive Order 13224 and the USA Patriot Act following 9/11. http://www.ustreas.gov/press/releases/hp122.htm

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