Texas Rangers Cole Hamels Will Enjoy A Nice Tax Deduction Donating His Mansion To Charity

MLB pitcher Cole Hamels and his wife donated their massive mansion to charity this week.

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Four cancer charities fined $187 Million for fraud

Charity is one of the best traits of the American people. Continue reading →

Asset Value of Nonprofit’s

Tax day has hit America. The United States tax code is well over 70,000 pages long with special give aways that benefit many organizations. One of those being nonprofits. Here is some tax day information about nonprofits via StastiticBrain.com

Number of nonprofit returns

383,064

Assets controlled by nonprofit’s

$3.796 Trillion

Inflation Alert: Girl Scout Cookies

girl scouts
Inflation is more often associated with the price of a product going up. But inflation is also measured by a product being produced in a smaller size but staying the same on price. Girl Scout cookies fall into both of those categories.

First, lets look at the price of buying Girl Scout cookies. The 2015 price per box according to the Girl Scout website is now $5. In 2009 the price of a box was $3.50 and faced the other side of inflation, downsizing the product. The website popsugar.com noted the downsize:

According to the organization, the cost of flour rose by 30 percent, assorted cooking oils by 40 percent, and cocoa by at least 20 percent. The company felt this was the best method of dealing with increasing raw material prices. Alternatively, Girl Scouts could have used cheaper ingredients, or raised cookie prices from their current price of $3.50 per box.

Second downsizing of the product happened in 2011 as noted by OCWEEKLY blogs:

The Girl Scouts announced earlier this week that both the size and quantity of some remaining flavors will also dwindle slightly–as of now, only the Lemon Chalet Cremes are reducing in size, while the downsized quantities include Thin Mints, Peanut Butter Sandwiches, Shortbread Cookies, DoSiDos and Trefoils (up to four fewer cookies per box).

The reasons behind these changes? A rise in both transportation and baking costs. As a result, the agreed-upon course of action was to “lower the net weight of our cookie boxes slightly rather than ask our customers to pay a higher per-package price during these difficult times,” Girl Scouts spokesperson Michelle Tompkins told CNN.

Girl Scout cookies are shrinking in product serving and have spiked in price by almost 45%.

Indianapolis Gen Con Record Attendance

Gen Con just wrapped their annual convention in Indianapolis this last weekend and released their attendance information on their website:

Gen Con 2014, completed August 14-17 at the Indiana Convention Center, experienced another year of record attendance numbers and unprecedented growth. For the fourth consecutive year, Gen Con grew by more than 10%. This year, reaching more than 14% year-over-year growth with a weekend turnstile attendance of 184,699 and unique attendance of 56,614. This number surpasses 2013’s previous record of 49,530 unique attendees. Since 2009, Gen Con’s annual attendance has more than doubled.

The convention attendees also helped raise $40,000 for Gleaners Food Bank.