Washington Snapshot will be going dark next week in recognition of the Thanksgiving holiday. We wish our readers a happy and peaceful holiday with family and friends. Snapshot will return on Friday, December 4th. Urge Congress to Make Charitable Tax Extenders Permanent The IRA Charitable Rollover…

Don't Miss Out on Community Foundation Week! Yesterday marked the first day of Community Foundation week! CF week has been celebrated every November 12th-18th since 1989 to raise awareness of the critical role of community philanthropy in supporting thriving communities across the country. In…

Community Foundation Week Starts Next Thursday Next Thursday, November 12th marks the beginning of Community Foundation week! CF week has been celebrated every November 12th-18th since 1989 to raise awareness of the critical role of community philanthropy in supporting thriving communities across…

News from the Hill Ryan is Elected Speaker of the House Yesterday afternoon, Representative Paul Ryan (R-WI-1) was elected as the next Speaker of the House. This marks the conclusion of a month-long process for the GOP to select a viable candidate for this position. With Ryan’s ascension to…

News from the Hill Nonprofit Leaders Urge Congress to Act on Extenders On Wednesday, the Council on Foundations and Independent Sector organized a briefing with the House and Senate Philanthropy Caucuses on Capitol Hill to urge Congress to take immediate action on making permanent the three…

Due to the Columbus Day holiday and this week’s Congressional recess, today’s edition of Washington Snapshot will be slightly abbreviated. News from the Hill Upcoming Philanthropy Caucus Briefing As our readers know, the Council on Foundations has been very active in reviving the Philanthropy…

News from the Hill Who will be the Next Speaker of the House? Yesterday, in a significant and surprising move, the leading Republican to replace John Boehner as House Speaker, Rep. Kevin McCarthy (R-CA-23), announced that he was withdrawing his candidacy for the position. This has caused…

Breaking News: Secretary Duncan to Step Down Just today, U.S. Department of Education Secretary Arne Duncan announced that he will be stepping down in December from the position, which he has held since the beginning of the Obama Administration in 2009. It is expected that President Obama will…

Breaking News: Speaker Boehner to Retire at End of October Just as we were preparing to send Snapshot to our readers, we received word that Speaker of the House, Representative John Boehner (R-OH-8) will retire from Congress at the end of October. This announcement came during a meeting with GOP…

In 2012, the Department of Treasury and the IRS issued proposed regulations applicable to private foundations seeking to make grants to foreign organizations using equivalency determinations. At the time, the Council submitted comments in support of the rules, and urged Treasury and the IRS to…

Executive & Regulatory News New Guidance on Mission-Related Investing This week, the Treasury Department released long-awaited guidance on mission-related investments (MRIs), which the Council requested this year in our 2015-16 Treasury Priority Guidance Plan comments. The Council, along with…

This week, the Treasury Department released long-awaited guidance on mission-related investments (MRIs), which the Council requested this year in our 2015-16 Treasury Priority Guidance Plan comments. The Council, along with the Council of Michigan Foundations and Mission Investors Exchange,…

In remembrance of the 9/11 attacks that occurred 14 years ago today, the Council would like to take a moment to extend our thoughts to all those who were affected by the tragic events of that day. News from the Hill Sen. Grassley Maintains His Skepticism of DAFs In an interview with the Chronicle…

Due to the Labor Day holiday, this week’s edition of Washington Snapshot is slightly abbreviated. We wish our readers an enjoyable Labor Day! News from the Hill Congress is in recess through the Labor Day holiday and will return to Washington on September 8th for a busy end-of-year legislative…

As a reminder to our readers, Washington Snapshot will be taking a break next week. Join Us on 9/9: Nonprofit Media Event at the Newseum Join the Council on Foundations, nonprofit media organizations, foundations, journalists, academics, and other stakeholders for a conversation on Wednesday,…

Yesterday, the Charitable Giving Coalition issued a press release urging Democratic presidential candidate, Hillary Clinton, to reconsider funding her college affordability plan at the expense of millions of Americans who rely on services made possible through the charitable deduction. As many of…