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…

Executive & Regulatory News New PRI Regulations Released by Treasury As our readers well know, last summer the Treasury Department announced their intention to finalize new regulations for program-related investments (PRIs). This week, it published nine new examples of permissible PRIs.…

News from the Hill This Week in Tax Reform... Yesterday, the Brookings Institute held an event entitled Tax Policy in 2016: What’s New and What’s Next. Council Vice President for Public Policy Hadar Susskind attended this event, where keynote addresses were given by Ways and Means Chairman Kevin…

News from the Hill POTUS Sends FY 2017 Budget Proposal to Congress On Tuesday, President Obama released his Fiscal Year 2017 Budget Proposal. The $4.1 trillion Budget sets forth the Administration’s spending and policy priorities for the coming year, including several provisions that have…

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…

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…

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…

As a reminder to our readers, Washington Snapshot will be taking a break next week and the week of the 28th. Activate in August With many Members of Congress out of town and back home in their districts for the August recess, much of the action has shifted away from Washington and toward local…

Council Releases August Advocacy Toolkit This Tuesday, the Council hosted our Washington Update LIVE! webinar to discuss the importance of building relationships with your lawmakers so that they understand the value of philanthropy in their districts and states. Featured speakers: Maggie Gunther…

News from the Hill Senate Finance Committee Markup of "Tax Extenders" Package This Tuesday, the Senate Finance Committee convened to markup a bill that would renew 52 of the “tax extenders,” including the charitable provisions, for the 2015 and 2016 tax years. As our readers will recall, these…

News from the Hill The Council Visits the Hill This past Monday, July 13th, representatives from the Community Foundations National Standards Board (CFNSB) and the Council’s Public Policy and Legal Affairs Team met with congressional staff from the House Ways and Means Committee, the Senate Finance…

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.…

We want to remind our readers that we will not be publishing Snapshot next week in light of the Fourth of July holiday. We wish you all a happy Fourth! News from the Hill Senate Tax Reform Working Groups Will Not Meet Today’s Deadline The Council has been following the progress of the Senate…

News from the Hill Tax Reform Work Still Ongoing, McConnell Says This week, Senate Majority Leader Mitch McConnell (R-KY) expressed his doubts that comprehensive tax reform will occur in the next two years. However, McConnell emphasized that even without comprehensive reform, Congress will still…

We’re coming to you a day early as we prepare for the holiday weekend. Memorial Day provides a special time to honor the service and sacrifice of our military men and women. We want to thank those who have served and are serving in our Nation’s military. Join Us: Global Policy Call China's Draft…

News from the Hill America Gives More Act Setback Yesterday, the Senate passed two trade bills by replacing the language of H.R. 644, the America Gives More Act, with trade provisions. This legislative practice of taking a bill that has passed one chamber, gutting the language and replacing with a…