The recently passed College Cost Reduction Act establishes a new public service student loan forgiveness program that includes jobs at 501(c)(3) organizations.The program covers only loans that are made by the federal government. This could help with recruitment of recent college graduates. See the portion of the final bill http://www.independentsector.org/programs/gr/hr2669.pdf relating to loan forgiveness. For more information see the Independent Sector http://www.independentsector.org/programs/gr/studentaid07.htm

Excellent article on a new book analyzing high impact nonprofits.
“Conventional wisdom says that scaling social innovation starts with strengthening internal management capabilities. This study of 12 high-impact nonprofits, however, shows that real social change happens when organizations go outside their own walls and find creative ways to enlist the help of others.” Published in Stanford Social Innovation Review. To download http://www.ssireview.org/images/articles/2007FA_feature_mcleod_grant_crutchfield.pdf

The revisions that IRS is proposing to the annual informational tax return (Form 990) that nonprofits must file have significant implications for organizations of all kinds. To discuss what the changes mean for nonprofit groups and how they can influence the final version of the form, The Chronicle of Philanthropy recorded the transcript of two legal and regulatory experts who answered questions about the changes.  See http://philanthropy.com/live/2007/10/moore/