Last season, the NFL generated $10.5 billion in revenue, of which a solid $1 billion was profit. That’s a lot of money. And yet despite basically being able to fill a Scrooge McDuck tower thousands of times over, the NFL has been a tax-exempt non-profit organization — until today. [More]
Nonprofits rely on the spirit of giving, as well as imminent tax write-offs, to fill their coffers during the holiday season. Both worthy and less-than-reputable organizations step up their donation drives, and it can be tough to separate efficient charities from scams. [More]
Hooray for Verizon Wireless! Wait, what? The cellular carrier has just filed a lawsuit against Feature Films For Families for illegally telemarketing. Specifically, they’re accusing the company of using an auto-dialer to cold call hundreds of thousands of Verizon Wireless customers earlier this month, which is illegal according to NJ state laws (where the suit was filed) and the Federal Telephone Consumer Protection Act.
We were wondering how Feature Films For Families, the company that’s randomly calling home lines and cellphones to sell a movie to people who are on the Do Not Call list, was able to get around federal and state telemarketing rules. It turns out they’re hiding behind a non-profit, and non-profits are exempt from following the Do Not Call list. Something similar happened in 2006 between Feature Films For Families and a different non-profit named the Dove Foundation, and the state of Missouri fined them $70,000. It might be time for you to start filing complaints with your state Attorney General and the FTC.