Congress should protect philanthropy’s ability to support causes from food pantries to disaster relief. Today, House Republicans released the updated text of a tax package, which includes a proposed increase in the excise tax on net investment income for private foundations. In addition to a…

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…

We will be taking a break from sending Snapshot through the rest of this year, and will return on Thursday, Jan. 4, 2018. We wish all our readers a safe and happy holiday! In This Week's Edition of Snapshot Tax reform goes to President Trump’s desk for signature Congress is up against a tight…

In This Week's Edition of Snapshot Tax reform: The Senate begins debate on tax reform, advancing tax reform ever closer to the President’s desk In the States: Michigan nonprofits and philanthropic groups promote Census 2020, a year in review of the charitable deduction challenges and expansion,…

In This Week's Edition of Snapshot Tax Reform Update: House votes on key measure to advance tax reform; tax bill expected next week IRS releases 2017-2018 Priority Guidance In the States: Elected official fundraising for nonprofits under review in the states News from the Hill So, What's Up…

In This Week's Edition of Snapshot… Tax Reform Update: Health care legislation passed the House — so what now for tax reform? Private foundation excise tax simplification bill introduced in House House Set to Hold Hearings on Tax Reform and IRS Reform FBI Director, Census Director Are Out…

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 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…

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…

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 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…

News from the Hill Senate Tax Reform Working Groups Release Reports The Senate Tax Reform Working Groups released their reports this week. The five groups were organized by Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR) to assess needs and priorities for future tax code reform.…

The Council’s legal team advised that a donor advised fund may make a distribution to another donor advised fund, without limitation and without the need to exercise expenditure responsibility. The technical explanation for the Pension Protection Act explicitly states: “A taxable distribution does…

In this week's Washington Snapshot: House Passes America Gives More Act of 2015; Other News from the Hill; News from the Administration; Trending in Legal Affairs; Philanthropy News & Op-Eds; and more! Read all this and more, online now!

This legislation includes several important provisions that will help charitable and philanthropic organizations serving communities in every Congressional District across the country. Specifically, H.R. 644 would permanently enact three temporary and currently expired giving incentives – the IRA…