News from the Hill Ways & Means Subcommittee Holds Hearing on University Endowments As our readers will recall, we reported last week that the Ways and Means Oversight Subcommittee was set to hold a hearing to scrutinize college and university endowments this week. The hearing, featuring…

News from the Hill Congressional Leaders Champion Social Investment Representatives Tom MacArthur (R-NJ) and John Delaney (D-MD) are working to educate their colleagues on the value of social investing and the role of philanthropy in leveraging private capital to create social good. The pair have…

Executive & Regulatory News IRS Releases 2016-17 Priority Guidance Plan Last week, the Department of Treasury released its priority guidance plan for 2016–2017. The priority guidance plan identifies and prioritizes tax issues that the agency aims to address through regulations or revenue…

Washington Snapshot will be taking a break next week during the August Congressional recess. We will return on Friday, August 26th. News from the Hill Your Lawmakers are in Their Home States & Districts! With Congress in recess, it has been a pretty slow news week on Capitol Hill. Instead of…

Just Announced: Speakers for Upcoming Webinar Join Philanthropy Caucus member, Congressman Steve Cohen (D-TN), Adena Hill of the Southeastern Council on Foundations, and Council staff at 2pm ET on August 9th to discuss the importance of building relationships with your lawmakers. We’ll also learn…

News from the Hill New Tax Leadership for Senate Finance Democrats On Tuesday, Senate Finance Committee Ranking Member Ron Wyden (D-OR) announced a new tax leadership team for Senate Finance Committee Democrats. Victor Fleisher, of the University of San Diego, and Tiffany Smith, currently on staff…

News from the Hill Delayed Release for Hatch Corporate Integration Proposal Our readers will recall that Chairman Orrin Hatch (R-UT) of the Senate Finance Committee was expected to release his corporate integration proposal before the August Congressional recess. As it turns out, the proposal was…

Last Chance to Register! Don’t miss your last chance to register for our Washington Update LIVE!: Philanthropy’s Voice in the Policy Process, taking place next Tuesday, July 12 from 2:00-3:00 pm ET. This webinar will discuss the importance of advocacy and highlight opportunities to engage with…

The Council on Foundations would like to wish all of our readers a safe and enjoyable 4th of July! News from the Hill Tax Blueprint Proposes Ideas that Could Impact Charitable Giving Our readers will recall that last week Speaker Paul Ryan (R-WI) and his Task Force on Tax Reform released their…

News from the Hill Speaker Ryan Releases Tax Blueprint As our readers know, Speaker of the House Paul Ryan (R-WI) organized five task forces to draft substantive blueprints outlining policy options for a number of issue areas—including tax reform. Chaired by Ways and Means Committee Chairman, Kevin…

In response to the horrific attacks in Orlando, Council President and CEO Vikki Spruill and Board Chair Sherry Magill penned an open letter reaffirming the Council’s commitment to advancing diversity, equality, and inclusion in and beyond the philanthropic field, and to continue serving as a…

News from the Hill Senate Philanthropy Caucus Co-Chairs Encourage Colleagues to Join This week, the Senate Philanthropy Caucus Co-Chairs, Richard Burr (R-NC) and Chuck Schumer (D-NY) sent a Dear Colleague Letter encouraging their fellow Senators to join the caucus. They called for colleagues to “…

News from the Hill International Tax Reform Blueprint Forthcoming Despite the condensed Congressional session due to the upcoming elections, Speaker Paul Ryan (R-WI) asserts that his Task Force on Tax Reform will release a substantive blueprint for tax reform before the end of this month. Though…

News from the Hill This Week in Tax Reform The discussion around tax reform is still alive and well, as demonstrated by hearings this week in both the House and the Senate. On Tuesday, Chairman Orrin Hatch (R-UT) of the Senate Finance Committee held a second hearing on corporate tax integration:…

Executive & Regulatory News Department of Labor Publishes New Rule on Overtime Regulations On Wednesday, President Obama and Secretary Perez announced the publication of the Department of Labor’s final rule updating the overtime regulations. The Council has been closely tracking this issue…

On May 18, 2016, President Obama and Secretary Perez announced the publication of the Department of Labor’s final rule updating the overtime regulations. The Council has been following this issue closely and is here to help you understand how the changes could impact you and your organization.…