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  3. IRA Charitable Rollover

Protecting Philanthropy - Latest Updates

Our commitment to serving you in Washington has never been more important, but we can’t do it alone. We all must be united in our commitment to an independent charitable sector that ensures we can all give according to our values. Our Government Affairs and Legal Resources team is keeping an eye…

Washington Snapshot - June 17, 2016

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…

Washington Snapshot - June 10, 2016

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 “…

Washington Snapshot - May 13, 2016

News from the Hill Corporate Tax Integration and Philanthropy: What Does it Mean? There has been a lot of buzz recently around the topic of corporate integration—prompted primarily by Senate Finance Committee Chairman Orrin Hatch’s (R-UT) intent to release a corporate integration proposal by the…

Washington Snapshot - April 29, 2016

News from the Hill Chairman Hatch Continues Discussions on Corporate Integration As our readers know, Senate Finance Committee Chairman, Orrin Hatch (R-UT) has been talking for some time about releasing a proposal for corporate integration tax reform. Though the specifics of Hatch’s forthcoming…

Washington Snapshot - April 8, 2016

News from the Hill Charity Bill Introduced in Senate The Council is pleased to announce that this week, Senators John Thune (R-SD) and Ron Wyden (D-OR) introduced the Charities Helping Americans Regularly Throughout the Year Act (S.2750). This bill would: Express the sense of the Senate that…

Washington Snapshot - April 1, 2016

News from the Hill House Tax Policy Subcommittee to Hold Next Tax Reform Hearing Chairman of the House Ways and Means Tax Policy Subcommittee Charles Boustany (R-LA) announced this week that the series of hearings on tax reform will continue, with the next hearing scheduled for Wednesday, April…

Washington Snapshot - December 18, 2015

Washington Snapshot will be taking a break for the next few weeks during the holidays. Our offices will be closed from December 25th—January 1st, but we wish all of our readers a happy and peaceful holiday with family and friends! Snapshot will return on Friday, January 8th. News from the Hill One…

Senate Makes IRA Rollover Permanent

Just before noon on December 18, the Senate voted to pass the Protecting Americans from Tax Hikes (PATH) Act making the IRA Charitable Rollover permanent law. The bill, which passed the House on December 17, also makes permanent the enhanced deductions for conservation easement and food inventory…

The House Passes Permanent Charitable Extenders

Moments ago the House of Representatives passed the PATH Act making the IRA Charitable Rollover and two other charitable giving incentives permanent law. Members of the House showed strong bipartisan support for these important measures with a vote of 318 - 109. “This is a major victory for…

Washington Snapshot - December 11, 2015

News from the Hill Extender Negotiations Coming Down to the Wire Make Your Voice Heard! Despite efforts to pass a “tax extenders” package with a federal spending bill by today’s deadline, negotiations between Congressional Democrats and Republicans reached a stalemate—forcing the passage of…

Washington Snapshot - December 4, 2015

Take Action Now on Extenders Hundreds of thousands heard the message! Yesterday marked the kickoff in a series of days over the next three weeks when the Council and our colleagues in the field will commit 5 minutes for philanthropy, and connect with Members of Congress about reinstating the…

Washington Snapshot - November 20, 2015

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…

Washington Snapshot - November 13, 2015

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…

Washington Snapshot - November 6, 2015

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…

Washington Snapshot - October 23, 2015

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…

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